Wedding Industry BOOMS
At Alliance & Leicester, Britain, a survey has revealed that fathers fretting about footing the bill for their daughter's dream wedding, are not found. The tradition has all but disappeared.
According to the study, 80 per cent of the couples pay for their own weddings, taking the pressure off their parents. And with the average white wedding costing £ 17,000 from engagement ring to honeymoon, the father of the bride has had a lucky escape.
The father would traditionally have expected to take on a lot of money of the debt. But today, just three per cent of fathers cover the cost of the wedding and 17 per cent of couples borrow to pay for their big day, sometimes on credit cards. Total wedding spending during 2006 in Britain will reach £ 23 billion. Given that four in 10 will end in heartbreak and divorce, at least £ 9.2 billion of this figure appears to represent the triumph of romance over reality.
But Britishers are obviously a nation of romantics at heart and six in 10 believe in love at first sight, while as many as a million would propose immediately if they found the one.
The reason, more couples are paying for their own marriages is that they are pushing back their wedding day until they are older.
A recent study has found that more than 50 per cent of brides were over 30. The average age at which women marry, has risen by more than three years in less than a decade.
The rising age profile means engaged couples are more likely to be financially independent, living together in their own home. Consequently, they are far more likely to take over the running and financing of their big day.
However, the £ 17,000 wedding price tag is way above the figure, many planning to marry expect. Many believe that average figure would be just £ 6,650, and the average engagement lasts nine months.
"It is encouraging to see that many of us are still old romantics who believe in love at first sight. But as the cost of a modern wedding continues to rise, it is understandable that romance can take a back seat while we try to save towards the cost of the wedding. Weddings need very careful planning.
By looking around to get the best value from your borrowing - like you would for the wedding flowers or the photographer - you can make huge savings," research team leader Mr Claire Alvey of Alliance & Leicester told reporters.
"The key to a successful wedding ceremony is planning, planning and then more planning. Shop around, talk to all your suppliers and get a realistic idea of costs every aspect of your day - from the flowers to the cake and the photographer," Ms Carolf Richardson, a wedding planner in the UK, told reporters.
Master Wedding Planning Guide
Master Wedding Planning Guide is the easiest to follow system for learning how to plan a wedding available. It is jam-packed with information, including over 150 cost saving tips covering every aspect of your wedding, the questions that you must ask to make sure that you get what YOU want and avoid getting ripped off, timelines, budgets, seating plans, bride/groom photos and much more.
According to the study, 80 per cent of the couples pay for their own weddings, taking the pressure off their parents. And with the average white wedding costing £ 17,000 from engagement ring to honeymoon, the father of the bride has had a lucky escape.The father would traditionally have expected to take on a lot of money of the debt. But today, just three per cent of fathers cover the cost of the wedding and 17 per cent of couples borrow to pay for their big day, sometimes on credit cards. Total wedding spending during 2006 in Britain will reach £ 23 billion. Given that four in 10 will end in heartbreak and divorce, at least £ 9.2 billion of this figure appears to represent the triumph of romance over reality.
But Britishers are obviously a nation of romantics at heart and six in 10 believe in love at first sight, while as many as a million would propose immediately if they found the one.
The reason, more couples are paying for their own marriages is that they are pushing back their wedding day until they are older.
A recent study has found that more than 50 per cent of brides were over 30. The average age at which women marry, has risen by more than three years in less than a decade.
The rising age profile means engaged couples are more likely to be financially independent, living together in their own home. Consequently, they are far more likely to take over the running and financing of their big day.
However, the £ 17,000 wedding price tag is way above the figure, many planning to marry expect. Many believe that average figure would be just £ 6,650, and the average engagement lasts nine months.
"It is encouraging to see that many of us are still old romantics who believe in love at first sight. But as the cost of a modern wedding continues to rise, it is understandable that romance can take a back seat while we try to save towards the cost of the wedding. Weddings need very careful planning.
By looking around to get the best value from your borrowing - like you would for the wedding flowers or the photographer - you can make huge savings," research team leader Mr Claire Alvey of Alliance & Leicester told reporters.
"The key to a successful wedding ceremony is planning, planning and then more planning. Shop around, talk to all your suppliers and get a realistic idea of costs every aspect of your day - from the flowers to the cake and the photographer," Ms Carolf Richardson, a wedding planner in the UK, told reporters.
Master Wedding Planning Guide
Master Wedding Planning Guide is the easiest to follow system for learning how to plan a wedding available. It is jam-packed with information, including over 150 cost saving tips covering every aspect of your wedding, the questions that you must ask to make sure that you get what YOU want and avoid getting ripped off, timelines, budgets, seating plans, bride/groom photos and much more.
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