However, planning a marriage must have sufficient funds. It must be enough to pay for this and that or enough to realize the dream wedding. The basic question is to be allowed to owe for this once-in-a-lifetime moment?
The answer is definitely the pros and cons. The cons will argue just one-day marriage but life after marriage for years. While the pro will say owed no problem as long as it can pay off and not burdensome. Bottom line, owing to is optional. Well if you are currently planning to get married but there are no adequate funds then it would be better if you take a loan to the bank but make sure not payday loans for bad credit.
Be debt into a marriage weapon. Although rationally agreed not to borrow to other parties, such as family or bank, it will become a good option to way out.
But before making a loan from the bank, there are important things that are underlined. For example, discuss this plan with your partner. However, when it is married then the debt becomes a burden together.
Then, make sure first financial condition together allows paying monthly installments. Finally, make sure the debt is inherent in patching up deficiencies, not as a major source of wedding expenses.
Even so, before steady debt, it’s good to digest the input below.
Be careful to calculate the wedding budget. Calculate carefully the funds available before looking for the marriage needs. Keep trying to hold a wedding with own money rather than use the funds of others.
2. Money issues can worsen relationships with partners
70 percent of divorces in Indonesia stem from economic or financial problems experienced by young families (less than five years). That is, the majority of causes of cracks with spouses are related to money. By itself, the financial condition of healthy households has eliminated 70 percent of the problems in the household.
3. Recognize the limitations owed
Do the previous three points make us should not be in debt to marry? It is certainly not. Please owe but there is a limit.
As is often advised by financial planners, the maximum limit of secure debt is 30 percent of net income alone. The smaller the debt limit would be the better.