If you are getting married, you likely already know how much work it takes in planning everything and how expensive weddings can be. Fortunately, there are things you can do to make things easier for you and help you save money. Below are two of these things to help you get started so you can start your life together:
One big expense is the engagement ring. If you do not have the funds to purchase one right now, you can get a jewelry loan. When looking for a loan, make sure it has a low-interest rate. What this interest rate does, depends on your credit. For example, if you have bad credit the interest rate would be much higher.
If you do have bad credit, you should consider a collateralized jewelry loan. With this, you put up jewelry that is worth money that you own as collateral for your jewelry loan. The amount of the jewelry you own must equal the cost of the engagement ring, however. You could use as many pieces as you want to equal the price.
Many companies will allow you to mail the jewelry to them if you find a jewelry loan company that is out of your area. Once they receive the jewelry they will test it to ensure it is real. For example, diamonds are first tested, then weighed, and measured. They will also check the cut and clarity, as well as grade for color. Once they determine what they think the jewelry is worth they will let you know and then you can decide if you would like to have this loan.
If you are planning to have a reception for your wedding this can be very expensive. To help cut down on costs, go over your guest list carefully and cut the list anywhere you can. The more people you have at your wedding the more expensive your wedding reception will be.
Consider only serving drinks and snacks instead of an entire meal. This can save you a lot of money. For example, you can serve things like:
- Fruit tray with cheesecake, whipped topping dips, and chocolate
- Rolls or sliced bread
- Fruit tarts, cream puffs, or cookies
- Deli trays of assorted meats and cheeses
- Chicken wings with barbecue sauce or a hot buffalo sauce
- Popcorn shrimp or chicken
- Vegetable rolls
- Stuffed mushrooms
Many of these things you could make on your own to save even more money.
Think of other things you can do to help you save money and make things easier for you. Contact a company like C & L Gold & Diamond Brokers for more information and assistance.