‘A third of Britons decline wedding invitations’ because of the cost of living

3 mins read
'A third of Britons decline wedding invitations' because of the cost of living

The average cost of attending a wedding is £567 per person

Three in 10 people have turned down a wedding or stag or hen party invitation because of the cost of living crisis, according to a new survey.

'A third of Britons decline wedding invitations' because of the cost of living
Almost a quarter of Britons cannot afford the cost of attending all wedding receptions (Pixabay)

The survey by credit checker Experian found that Britons have found ways to save money on friend and family weddings this year, including staying up all night, traveling by public transport and wearing the same outfit to multiple events.

Of the 1,000 UK adults surveyed, 24 percent said they could not afford to honor all wedding invitations, while 31 percent said they had declined at least one wedding or pre-wedding event invitation.

According to the findings, the average cost of attending a wedding is currently £567 (around £11,500) per person, with £116 (around £2,300) usually spent on accommodation.

To avoid paying for accommodation, some people stay up all night after events, while others said they would only attend a wedding if it did not require overnight accommodation.

Some participants reported cutting back on other expenses, such as limiting eating out, in order to save money to attend a wedding.

Another popular cost-saving option among guests was to make gifts for the couple instead of buying them wedding gifts.

Many wedding guests also expressed an understanding of the expenses that newlyweds will incur, with 57 percent agreeing that it has become more acceptable for guests to pay for their own drinks and food at the reception.

Furthermore, 52 percent agreed that society is pressuring couples to offer free drinks and that this is unfair.

“We all look forward to celebrating the marriage of friends or family, but it can be an expensive event for both guests and the lucky couple,” said James Jones, Experian’s head of customer relations:

“With rising daily living costs increasing the pressure on household budgets, many guests are thinking carefully and sometimes creatively about how they can afford the cost of joining in the fun.”

Experian’s research found that 26 percent of wedding guests plan to use a credit card to spread the cost over time.

“What is clear is that people should be careful never to take on more debt than they can comfortably repay and have a clear current plan for how they can clear any debt,” Jones said:

“Anyone with an outstanding balance on their credit card should also consider researching and switching to better deals, such as a 0 percent interest debt transfer card. This can help reduce costs and speed up repayment.”

utilized from news agencies


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