With the average American wedding costing around $35,000, it’s not too surprising that many couples go into debt to fund the big day. A survey conducted earlier this year found that 56% of newlyweds had tapped credit cards, accessed bank loans, or reached out to family to borrow money. Some had done all three…
One woman shared how her sister contributed to those stats by nearly maxing out all of her credit cards days before her wedding. Oblivious to her debt, the bride-to-be went shopping for groceries so she could cook for her guests. She filled her cart with almost $2,000 worth of goods, only to have all her credit cards declined at the cash register. The bride’s sister refused to help her out because she’s tired of her family asking her for money. And all hell broke loose. The sister’s now wondering if she was in the wrong. Bored Panda reached out to WalletHub‘s financial writer and analyst Chip Lupo, for his take on the matter.
