Money Talk Matters

Posts Tagged ‘Say Yes To The Dress’

Over the holiday weekend, I don’t know how I lucked out and found a “Say yes to the Dress” Marathon. Brides – PLEASE PLEASE stay within your budget and do not bring the other family members in to your financial challenges if you choose to go over budget.

I saw this episode, where the dress costs $25,000 and the family decide they were going to haggle with the sales lady to get this dress down to $12,000. It was unbelievable, of course there was no way they were going to see a $25,000 dress for half. So at the end it was $15,000 without the taxes and it was still waaay over budget. The bride was crying and the parents were biting the bullet. WAIT!!! They have not even paid for the wedding yet. This is just the dress. Hmmm, wonder what would have happened if the bride stayed within budget and thought about the rest of the wedding.

I will tell you right up front, if she went this far over just for the dress, this groom is in trouble. Does not bode well for the marriage in my opinion. Think about it when brides and grooms are planning a wedding and spending, this gives insight into how they will handle major expenses throughout the marriage. Don’t let the three words “I Want it” get you in trouble. Big difference between needs and wants.

Think I will save another observation on a different bride to a later time.

I had the opportunity the other night to watch Say Yes To The Dress for the first time and I cannot exactly say that I was surprised by what I saw. Since I had not seen it before I decided to sit through at least thirty minutes of the show and my husband and I talked about it.

This is a show where the bride-to-be goes to the dress shop with her family, bridesmaids, sometimes the grooms and begins the exciting task of choosing her dress. Well, this one particular episode that I was watching this young woman already knew what dress she wanted before she walked in the store because she saw it on someone that worked there and fell in love with this dress. Her budget for her dress was set at $5,000. I will reserve my comments on that one for later.

So the coordinator comes out and she speaks with her and shares with her about the dress she would like to try on this day. So this bride-to-be and coordinator go to the back and the dress is brought into the dressing room. She puts the dress on and it is absolutely stunning. She walks out where the family and friends are and they really like it as well.

Then she is told what the price of the dress is. She realizes it is over budget and the coordinator proceeds to recommend an alternative. Bride-to-be puts on the alternative dress which is nice and within her budget but she wants Dress #1. So she is now back in her regular clothes and asks to talk with her family for a few minutes.

Bride-to-be and family meet in this room and she tells them the dress is over budget and by how much. The family in turn decides they will help her pay for this dress that is 2xs over her budgeted amount. The coordinator goes to the manager of the bridal shop and say we need to help her get this dress.

When I saw this, it reminded me of when a salesman at the car dealership goes back and talks with the manager about the price. Then he comes back and says this is the lowest we can do. Same thing, the manager comes out with the coordinator and says this is the price we can give you. Mind you it still stays around 11k and she is excited.

Observation:

1) Brides – the budget is in place for a reason. The dress is going to be worn one day for a few hours.

2) I would have preferred seeing her put the additional money towards a down payment on a house or paying off existing bills. Let’s face it, more than likely one person is coming into the marriage with debt.

3) When she chose to go over budget, the family decided they would kick in. So is it her normal standard to go over budget for the things that she wants. If so, this groom is going to be in trouble fast.

4) Involving the family in financial affairs in a new marriage can present some problems. Proceed with caution.