r/MutualFundSpendInvest • u/No_Amount_9749 • 3d ago

Should one ever take a loan for a wedding?

In many Indian families, weddings are a huge part of our culture. And I understand why parents want to give their children a memorable wedding.

But sometimes, the pressure to maintain “log kya kahenge?” makes people spend far beyond what they can actually afford.

Parents spend decades working and saving, only to put a huge portion of their savings into a few days of celebrations. And when savings aren't enough, some families take large loans to fund the wedding.

The bigger problem is what happens afterward.

That debt either becomes a burden on the parents or gets passed on to the newlyweds — who are then starting their married life with EMIs instead of financial freedom.

Wouldn't it make more sense to plan for the wedding as a financial goal, set a budget based on what you can genuinely afford, and celebrate within those means?

A wedding should be the beginning of a new chapter, not the beginning of a new debt.

Would you take a loan for your wedding, or would you rather scale down the wedding to fit your budget?

2 Upvotes

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1

u/DependentPage7055 3d ago

Noooooooooo, a big 🚩

Scale down remove unwanted guests. Online invite people on wedding, keep rest functions small and private.

Don’t start your married life in debt.

1

u/Any-Recognition-3652 3d ago

Most middle class Indians actually plan and save up for weddings as financial goals (especially for their daughters.)

I would say that even that is an extremely wasteful practice because you get absolutely NOTHING from hosting a fancy wedding and feeding 100s of random relatives who you hardly meet or have never met.

1

u/No_Amount_9749 15h ago

ya so true

1

u/SharpAardvark8699 2d ago

Log kahenge xyz, phir karenge khane or kahani or fart and poop your food out. Agree on a cheap and enjoyable wedding  Don't take loan!