Finance

Now that the big fat wedding is done, with our hearts full and pockets empty perhaps, it’s time to put your personal finances on a tight leash. Talking about finances post your wedding is not a very easy conversation to have but you need to know how to manage finances in a marriage. However, it is absolutely necessary for you and your partner to be on the same page to ensure a solid financial foundation leading to a blissful marriage. 

The wedding attire is an important part of the celebration and obviously, the bride wants to look her best wearing the most gorgeous clothes that she can afford. No pressure from those Sabyasachi wedding trousseau brochures, right? 

Many communities in India still stick to the traditional costume of wearing a silk saree or a lehenga for the wedding according to the region the bride belongs to. Silk saree is the preferred choice as the bridal dress in South, West and East India while other parts prefer Lehenga. 

A traditional Indian wedding can cost anywhere between a few lacs to a few crores depending on how basic or extravagant you want the wedding to be. Here are some of the wedding essentials and their average cost for a budget wedding (move away, Priyanka Chopra and Nick Jonas):

Regardless of whether both or only one person is earning, how to manage finances in a marriage is a question that challenges most couples.  Managing finances is one of the important responsibilities that you need to handle right from the time you are married. Here is how you can discuss and plan your finances: 

Like any other loan, applying for a loan to take care of the expenses of the wedding has to be done after a lot of thought. You can choose to opt for a personal loan and use the EMI calculator to find out how much your monthly payments will come to.