Never borrow money to get married!
By Zan Azlee
When I was single, I had a lot of money. Oh yeah! I’m not ashamed to say it! I had in my reserves enough to last me at least a couple of years without working.
Then I got married and everything depleted. First, it was the wedding. Grand costumes and a black horse can get pretty expensive!
Then it was the honeymoon. We took a three-week holiday to drive all around Eastern Europe (this one…no regrets!).
Then came the ‘we need to make the house ours’ phase. Apparently my bachelor pad needed some adjustments if she was going to move in.
And then a baby came along. Oh boy! The baby! That one literally drained out all but the last bit of reserves I had worked for so long to maintain!
But jokes aside, marriage has been great for me, but it can be very taxing financially. So when people say you need to think carefully before getting married, it’s true.
I know so many people who are so desperate to have the ‘perfect’ wedding (or to just get married!) that they are willing to go in to debt for it.
That is so dangerous because you are about to start a new life with your partner and starting out in debt is a wrong first move. [Click to read the full article at KopitiamEkonomi.Com]