We all know that emotional investments are a big part of weddings. But, there can be a fair amount of financial investment too. Some of this investment could be more along the lines of a sunk cost. But other aspects of it are investments created in such a way that you could get a return on them eventually.
Consider each of those options. It is an investment to purchase engagement rings. It is an investment when it comes to buying a wedding dress. If you’re having a destination wedding, there is the investment in time and money through that perspective. And, if you invest your time in creating a proper gift registry, you can get an excellent return on that in the form of gifts that actually make sense to you over time.
The Engagement Rings
As a particular example of financial investment in something wedding-related, consider what happens when you purchase an engagement ring. Obviously, your future spouse will be enamored with the money and thought you put into it. But also, individual styles of engagement ring will increase in value over time. So if this ring becomes an heirloom of sorts, it can hold its value over many generations and create a definite return from that perspective.
The Wedding Dress
Choosing a wedding dress could also be considered an investment. Wedding dresses are not inexpensive. They can be extremely costly, but for the woman who has always dreamed of having a particular kind of style during her wedding, it may be the only way to satisfy that desire completely. In some instances, wedding dresses are only worn once, but as with other times, it becomes available for pictures or other activities. Investing in a good wedding dress can mean renting one, buying one to resell it, or finding some other combination of financial practicality when it comes to the purchasing.
The Destination Details
Are you planning on having a destination wedding? That can be quite an investment in itself. You have to rent somewhere to have your ceremony and reception at your destination, and there’s also the matter of traveling back and forth. Depending on what you spend your money on, there are better or worse ways to put funds into that kind of overall plan.
Gift Registry Options
Finally, it’s worth investing in creating a proper gift registry for your wedding. This initial investment in your time and energy will mean that people purchase you the right things. There won’t be any redundancies. And, if everyone gets you what’s on your list, that will mean that you don’t have to go out and purchase all of these things on your own, thereby giving you that financial benefit right away. Most major shopping centers have an electronic registry available, which allows couples who are preparing to get married and efficient option for getting their list ready.