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U<\/span>.S. adults prioritize wedding planning over financial goals such as paying down debt, buying a home and saving for retirement, according to <\/span>Weddings & Money 2021: A Brides & Investopedia Study<\/span><\/a>.\u00a0<\/span><\/span><\/p>\n The online survey of 1,000 U.S. adults is a collaboration between <\/span>Brides magazine<\/span><\/a> and <\/span>Investopedia<\/span><\/a>, an online financial publication. The survey found many interesting facts regarding wedding planning and finances:<\/span><\/span><\/p>\n The Brides and Investopedia study data also shows delayed financial goals depend on age.<\/span> For example, respondents younger than age 30 are more likely to put off saving for a home than older respondents, while 30- to 40-year-olds are most likely to put off saving for childcare or a child\u2019s education, according to the study.<\/span><\/span><\/p>\n And survey respondents with a higher income (who earn more than $150,000 annually) are the most likely to put off at least one financial priority in favor of paying for a wedding.\u00a0<\/span><\/span><\/p>\n “Couples planning weddings have become much more creative and resourceful when it comes to footing the bill,” Caleb Silver, editor-in-chief of Investopedia, said in a press release regarding the study. “The use of profits from selling investments and more reliance on low interest credit cards demonstrate a more sophisticated approach to paying for or financing a wedding than we have seen in years past.”\u00a0<\/span>\n
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