Carolyn Hax: Couple propose beach wedding as ‘vacation’ for guests
5 pillars of post-grad financial planning
Ask Amy: I can’t go to the wedding. Why am I invited to the shower?
- Check your budget before responding to the invitation. You have to live your financial truth. If you don’t have the means, you may be unable to attend. Although no justification is needed, if you want to provide an explanation, blame your budget. Here’s a line you can use, “My budget is whipping my behind and won’t let me do anything.”
- Don’t deepen your debt. If you are already struggling to pay down your credit card, don’t add to your burden.
- Start saving for the event as soon as you know you’re going. Okay — you’re strapped but feel you can’t miss this celebration. Do what you can to reduce credit card charges. If going is a nonstarter, something else has to give. This may mean cutting out nonessentials, such as eating out or regularly hanging out at happy hour.
- Don’t agree to be part of the wedding party if you can’t afford it. Be honest about your financial situation.
- Pick and choose your participation. Maybe attend the bridal shower but skip the wedding. Or bow out of the bachelorette or bachelor party.
- Fight the guilt. To prospective wedding attendants and guests fretting about the financial strain, don’t let anyone shame you. Good friends don’t bully. As one reader said, “Marriages should unite, not divide.”
Carolyn Hax: Best friend blows up over last-minute destination wedding
B.O.M. — The best of Michelle Singletary on personal finance
If you have a personal finance question for Washington Post columnist Michelle Singletary, please call 1-855-ASK-POST (1-855-275-7678).
Recession-proof your life: The tsunami of economic news is leading consumers, investors and would-be homeowners alike to ask whether a recession is inevitable. Regardless of the answer, there are practical steps you can take to help shield yourself from a worst-case scenario.
Credit card debt: Carrying credit card debt is never good and you should ditch the habit. Here are seven ways to lower your credit card debt in light of the Fed continuing to raise interest rates.
Money moves for life: For a more sweeping overview of Michelle’s timeless money advice, see Michelle Singletary’s Money Milestones. The interactive package offers guidance for every life stage, whether you’re just starting out in your career to living an abundant life in retirement.
Test Yourself: Do you know where you stand financially? Take our quiz and read advice from Michelle.