Home Planning BasicsBudgeting How I Racked Up $10,000 Of Credit Card Debt For Other People's Weddings

How I Racked Up $10,000 Of Credit Card Debt For Other People's Weddings

by The Financial Diet
1 minutes read

How I Racked Up $10,000 Of Credit Card Debt For Other People's Weddings

Thanks DeleteMe! Get 20% off your DeleteMe plan when you go to https://JoinDeleteMe.com/TFC and use promo code TFC.

Go to https://Zocdoc.com/tfc and download the Zocdoc app to sign-up for FREE and book a top-rated doctor.

To kick off our wedding miniseries, Chelsea sits down with Abigail…

source

You may also like

24 comments

@arielruby13 4 October 2024 - 7:14 pm

Overthinking what i would do at my wedding:

– no church part, just a courthouse
– probably a small wedding*, i have 8 friends and 2 aquantainces i would like to invite. Only one in my birth family i would invite: my mom. Possibly my small cousin as well if he and i grow closer when i am closer to getting married.
– most of the guests i would invite would depend on who i was marrying, so i have no idea since i have not met anyone that i would want to get a long lasting relationship such as marriage
– i would make a cool party because i would love that my guests eat up and have fun drinking and dancing together
– i would not wear a white wedding dress, i would as a seamstress to make me something custom. Or i would possibly wear a tux. The dress or the tux would be in a bright color or pattern print.
– anyone invited could choose what they want to wear, as long as everyone is wearing clothes they like i would be happy for them to show up
– i would give out plus ones, i would want to meet my friends partners

*small wedding to me if it is in the next year:
No one in dads side of the family
Only mom on her side of the family
My engaged friend and his fianceé woman
My married friend, his wife and their 2 boyfriends
My married other friend, his wife, their kids
My married friend, his wife and their kid
2 single girl friends, who wont be dating anyone probably, but if they do have a partner i would invite as well
My single guy friend that may or may not have someone to bring along
The two aquaintances are currently dating and both are very cool
So my side would go up to 21max
A bride or a groom will be the other part of the wedding, so they can choose how many family members and friends they want to invite.

Unless whoever i marry is very charming, has tons of friends or a huge family… my wending would be 100 people or so

Now lets get real, no marriage any time soon for me, this is just hypotheticals

Reply
@arielruby13 4 October 2024 - 7:14 pm

There is no way you have 9 friends that want to get married AND have fiances. I dont even have nine friends, none of them will get married soon

Reply
@juphilippe 4 October 2024 - 7:14 pm

My take is: this whole culture of “not worrying the bride” is bullshit. Brides know how much things cost and they know how much their friends make. If a bride lets friends do that, it’s her responsibility too.

Reply
@gabbypapas1826 4 October 2024 - 7:14 pm

It sounds like she has some bad friends. My best friend is getting married next year and she already decided the bachelorette party will have the first half be sober so me and another bridesmade who doesn’t drink can have a good time and leave after so we don’t have to sit there and pay for drinks when we’re not going to be participating or having a good time.

Reply
@lilliankerr-z7c 4 October 2024 - 7:14 pm

These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession– it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

Reply
@alfsmom8025 4 October 2024 - 7:14 pm

what happened to her super close friendships?? One of her "brides" stopped talking to a literal bridesmaid and she doesnt know why? like there is no way i wouldnt know about a close friend's falling out with a bestie? these friendships are not as deep as she thinks, sadly.

Reply
@alfsmom8025 4 October 2024 - 7:14 pm

Umm im sorry, but she is totally responsible to say, "I am not paying for drinks." like youre not a baby, speak up

Reply
@mabmainchannel 4 October 2024 - 7:14 pm

It sounds like the went to E11even in Miami and got bottle service, because that’s where a group can easily rack up a bill of $10k+

Reply
@KAye633 4 October 2024 - 7:14 pm

She’s a jellyfish, I would’ve never paid for something I didn’t drink.

Reply
@sourpatchghoul 4 October 2024 - 7:14 pm

People are ashamed to say they cannot afford things, so they go into debt to save face.

Reply
@mybuttons11 4 October 2024 - 7:14 pm

all inclusives are great for friend trips for this reason. splitting up every meal is so annoying.

Reply
@stefanielozinski 4 October 2024 - 7:14 pm

Four years married, two kiddos, just bought our first (and dream!) house. $300 covid wedding with a priest and my parents as witnesses, no honeymoon… no regrets!

I am fine spending money on some things, for sure, but $700 on alcohol? Hard no 😬

Reply
@Teddy-hp9zy 4 October 2024 - 7:14 pm

If cocktails were $20 she was charged for 35 drinks (if they were $16 it’s more like 43). Heck, if they were drinking $100 bottles of champagne that’s still 7 bottles. That’s nuts

Reply
@fjones5890 4 October 2024 - 7:14 pm

10k for 10 events in a year which she paid off in 9 months 🤷🏾‍♀️

Reply
@sophiabreidfischer6242 4 October 2024 - 7:14 pm

I actually lost a friendship of 15+ years over different expectations over wedding planning. I simply couldnt show up for the bride in the ways she wanted. I come from a family where we diy things, and so when we were asked to fund the wedding shower and cater food and such it seemed like needless expenses. It made me very frustrated with the idea that we shouldnt bother the bride and just treat them–as the first guest said, it adds up quickly.

Reply
@YogabyNanda 4 October 2024 - 7:14 pm

Turns out it pays off to not have friends 😂

Reply
@devotedheart87 4 October 2024 - 7:14 pm

I can happily report I've been in 4 weddings, but I never had to go into debt for any of my friends weddings. But then again, I have very practical friends.

Reply
@politicalactivism975 4 October 2024 - 7:14 pm

21:35 Spending $700 per person in 1 night club is insane, but if there are 12 people, I could see it being $700. If everyone was paying for different aspects of the Bachelorette Parties like paying for Hotel Costs, dinners and trips and activities – so it was Abby and the other woman turn to contribute by splitting the bill then Abby should still hsve to pay.
Since Abby drank (soft drinks), Did Abby contribute anything? What about cover charge and VIP Area and her portion of table service…

To be inside the Night Club, VIP Section and with a Table (which requires Table Service Of Drinks And Food), yes it could cost $700…
Did Abby pay $700 or just a portion of that $700?

Yes Abby owed that $700 but not for any extra drinks that weren't for the table, because other people paid for the hotel, gifts, car service, etc.

Abby sounds like she wants to go to all the events and activities but doesn't want to contribute to paying for anything – which is very grimy…

Reply
@nleem3361 4 October 2024 - 7:14 pm

I don't think anyone wants to force their friends to overspend, but more likely that they're caught up in the fun, excitement and beautiful vision and not doing the math of what the total cost is going to be until the credit card bill shows up. Especially for the bride who's having to make a million decisions. What makes it worse is that a lot of numbers are small per person, then you have to multiple by the guest count and then add it to everything else, and do this while 10 people are giving their input and asking questions about other items and events. Even for guest who are having to keep a running total of what their spending. It's a lot, so it's great to have talks like these to remind us of reality and give us a chance to think and plan ahead.

One thing I try to do for group meals is ask at the start of the meal if it's ok to do separate checks and set the bills up separately from the beginning and then tip the wait staff well for doing it. Then when I order an appetizer to share, I say to put it on my tab. Yes, it can be a little awkward, but I think doing the math afterwards is worse and living in a high tax area, I often forget to add 10% to the price I see on the menu.

Also, if someone isn't ok splitting checks up, I'd assume they're offering to pay for my bill. Then if they hit me with a venmo request later, I'll pay it. But also I straight up tell them, next time I prefer to get my own credit card reward points.

I'm not much of a drinking, so I can't imagine splitting a bar tab. After hearing her story, I'd have to
I would not be ok splitting the bill at the bar. Someone was ordering crazy expensive drinks and should have paid for them. I think this happens when folks want to cover the bride's or birthday person's tab, but she would have been better off slipping the bride a $100 bill than spitting the tab with the group.

Reply
@alexissantos2618 4 October 2024 - 7:14 pm

The only person who ever asked me to be a bridesmaid / Maid of Honor was my sister.

She had one request amd that was throw a Bachelorette party for her. I spent a paycheck of 2 weeks on the party. It wasnt cheap. But we had an amazing party and many family memeber helped contribite with food, drinks and gave some money as well.

It was a 1920s party. I hired a band and decprations to turn the house into a speakeasy . The thing that cost me most was time to create a story for a murder mystery . 2 months to plan the party.

I did my sisters hair and makeup since that is my career.

I would never spend that much effort or money on anyones else wedding besides my sister . No regrets. I stayed within my budget ( no debt) but gave us unforgettable memories.

Reply
@GraceHyatt 4 October 2024 - 7:14 pm

The expensive drinks city was probably Charleston

Reply
@ckg0541501 4 October 2024 - 7:14 pm

I love her for her honesty. Thank you for sharing her story. I haven't been in a truly comparable situation, but I think it takes true humility and good will toward the rest of us to be so open about her experiences with her personal finances and mistakes.

Kudos to you for paying off your debt in such a short amount of time. That's very admirable. It isn't always possible for everyone to live up to that standard, but it is certainly worth it to aspire to making that your lived reality.

Reply
@May4JM_875 4 October 2024 - 7:14 pm

Been a maid of honor 3 times and bridesmaid 6 other times. I relate to this content so much. This is why when I got married I didn’t want to burden anyone and didn’t have a bachelorette party or a bridal party.

Reply
@sachipou1 4 October 2024 - 7:14 pm

The fiscal irresponsibility that women are dragging themselves into needs to be called out

Reply

Leave a Comment

About Us

WedJoy Essentials

WedJoy Essentials

WedJoy transforms wedding planning into a joyful journey. From engagement to honeymoon, we offer expert advice, innovative tools, and AI-powered support to create your dream celebration. Let's make magic together!

Newsletter

newsletter signup

Get notified about updates and be the first to get early access to new episodes.

itswedjoy

@2022 – All Right Reserved. Designed and Developed by itswedjoy.com