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37°
Thursday, dec 19
Tag:
Newlywed Fund
Lifestyle
Can't Afford Your Wedding? Paramus Financial Planner Has Simple Advice
Love might be priceless -- but certainly not the wedding. If you can't afford to get hitched right now, Paramus financial planner Jim Shagawat has simple advice: Extend the date. Shagawat says it's more common lately to see parents help their children pay for the wedding fees, but it still ends up denting everyone's wallet, according to a New York Times article. “A wedding is a depreciating asset,” Shagawat says in the story. “You don’t want a wedding to jeopardize your retirement or long-term success.” The average cost of a wedding in North Jersey is $51,287 -- the third most expensive l…