Archive - June 25, 2019

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Talk to a Financial Planner Before Getting a Wedding Loan

Talk to a Financial Planner Before Getting a Wedding Loan

The Washington Post reports that “Couples are taking out loans to pay for their weddings.” And while one person interviewed found that it wasn’t all that difficult to get a personal loan to pay for an engagement ring (adding that it might not be the only loan he takes out for his upcoming nuptials), he doesn’t question this decision because the loan meant he didn’t take away from his savings or investments. In his mind, a loan makes sense because it leaves his savings intact.

While that interviewee felt okay, “Financial planners say they’ve seen an uptick …

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