Also in this playlist...
This transcript is automatically generated
All right let's start -- in Salt Lake City as well if I rob welcome to special Father's Day edition of the Dave Ramsey show what's up.
Why I question about what -- talking it is not gotten what they did right I want to give credit to my -- he.
Taught me to work hard taught me that my new -- is usually do -- And that spending more the report on the wedding -- -- -- ended up and stupid but.
Perhaps half a but -- I was talking with -- I'm the father of six kids three boys street -- And I oldest daughter's fourteen.
And so might find certain talking about weddings and wedding costs and I was talking about you know -- -- keep it simpler kind of close friends and family and I've heard the end that she pretty different idea in terms of our daughters really social and what you know one how about.
You know to whatever friends and all the relatives and people have big families and -- certainly.
Seem to -- Gary figures in terms of wedding I looked on the Internet looks like the average.
Wedding in America logo is about 20000 plus.
And so I just barely started your program work to get our emergency find it thousand dollars restarted that rolled down.
And -- we've got about 151000 and not yet decided how.
I think I can have that paid off by next summer about a year from now.
But I'm -- -- -- fading for wedding.
-- -- of the hour in the wealth building side of things and you know and you know where the average comes from.
That means that there's a whole bunch of people that spent more in a whole bunch of people -- -- let us.
Yeah that's where they average came from a -- action and so I think we look at our household income and the size of our household.
Six kids is above average.
Three daughters worth of weddings is above average.
Yeah which means that you're the numbers are probably unless you make our way above average income.
Are probably going to receive a below average wedding budget that would be logical.
And so we've got to got to talk this through now I've got two daughters.
That are college age and graduating -- -- -- and so you know.
Weddings are -- discussion around our house from time to time in.
I see all three of them my wife and two daughters their eyes glaze over and they refer me to father of the bride like I'm an idiot in a photograph -- movie again.
So I'm not sure -- the got -- advise you 'cause I've proven I can pull this off yet.
Look I'm not quite well I tell my wife are on the that I want to hear what -- -- that day.
Yeah that's right and you she she has -- no limits mentality on this too and and yet you know we did go to a wonderful wedding last week in that was.
Told the bride it was simply elegant.
Elegant and simply.
Now it wasn't shinji it was very high class it was very well done but it was not a 1101000 dollars and on this wedding.
And I it was it was beautiful so I I think what it amounts to is is got a guy am I tell you this I don't think we're ever gonna really understand this deal.
And I think you better get prepared to pay for some of it and just just go ahead and understand that you're not gonna understand.
Because no you know guys don't guys just don't get you know the you know we don't spend our whole lives planning our wedding we don't think that way and a lot of these ladies -- Now it is fair for you to put reasonable limits and to be responsible -- the rest of your family.
To your sons into your retirement and to staying out of bed and no we're not going into debt one dime first thinking wedding it's not happening.
You can do a great wedding for 7000 dollars and again twentieth the average which means summer below -- summer about.
But I won't you know I'll testify -- -- my brother.
What I don't win this argument so we get about enabled -- to pay for some of it.
And but but you need to have an emergency fund and be out of debt and then begin to build wealth.
And that would include things like weddings and you've got three -- -- -- planned for and you got some prom dresses between now and then that are going to be expensive so get ready.
Filter by section