Three in ten folks have declined an invite to a marriage, stag or hen celebration because of the price of residing disaster, in accordance with a brand new survey.
Analysis by credit score checking firm Experian has discovered that Britons are discovering methods to save cash on weddings of family and friends this yr, resembling staying up all evening, travelling on public transport and carrying the identical outfit on a number of events.
Of the 1,000 UK adults surveyed, 24 per cent mentioned they might not afford to simply accept all of their wedding ceremony invites, whereas 31 per cent mentioned they’d declined at the very least one invitation to a marriage or pre-wedding occasion.
Based on the findings, the typical price of attending a marriage presently sits at round £567 per head, whereas £116 is usually spent on lodging.
To keep away from paying for lodging, some individuals are staying up all evening after occasions whereas others mentioned they might solely attend a marriage if it didn’t require an in a single day keep.
Some members mentioned they have been reducing again on different outgoing prices, resembling limiting consuming out to avoid wasting as much as attend a marriage.
One other fashionable cost-saving choice amongst visitors was to make a marriage current for the couple moderately than purchase a present.
Many wedding ceremony visitors additionally mentioned they felt sympathetic concerning the prices the newlyweds would incur, with 57 per cent agreeing that it had turn into extra acceptable for visitors to pay for their very own drinks and meals at a marriage reception.
Moreover, 52 per cent agreed that society had put stress on {couples} to supply a free bar, which they believed to be unfair.
James Jones, head of shopper affairs at Experian, commented: “All of us sit up for celebrating the union of mates or household, however it may be an costly event for visitors in addition to the fortunate couple.
“With hovering day-to-day residing prices including stress to family budgets, many invitees are pondering fastidiously, and typically creatively, about how they will handle the price of becoming a member of within the enjoyable.”
Experian’s analysis discovered that 26 per cent of wedding ceremony visitors plan to make use of a bank card to assist unfold the associated fee.
“Folks ought to clearly watch out to by no means borrow greater than they will comfortably afford to repay and have a transparent plan in place on how they’ll clear any debt,” Jones mentioned.
“Anybody with excellent balances on credit score also needs to take into account trying to find and switching to raised offers, resembling a 0 per cent stability switch card, which may assist minimize prices and pace up the reimbursement.”
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