How to Deal with the Financial Impact of Delaying Your “I do”

Planning your dream wedding can be stressful under normal circumstances. In the blur of picking floral arrangements and finding the perfect music, many couples don’t account for unforeseen events that can impact their plans. Those who planned to get married in 2020 have to navigate the added stress of the coronavirus. As large gatherings contribute to the spread of COVID-19, the Centers for Disease Control and Prevention (CDC) has recommended that gatherings of more than 10 people should be cancelled.

For those who don’t want to host a virtual wedding or exclude guests, postponing the wedding is a likely outcome. Unfortunately, rescheduling a wedding means that months of planning are uprooted, family members must cancel travel plans and money is lost.

Postponing a wedding is a big deal. Use this article as a starting point to take charge of your finances and make the best of an unexpected situation. Read more here.