Warmer weather is upon us and that means wedding season will be kicking into high gear in the coming months. Weddings are a special event, but they can also be quite costly. Especially in this economy, how can you keep the cost of your wedding down? There are so many things to buy or rent, and people to invite, so it is no wonder the cost of a wedding can get out of control so quickly. The first thing you need to do when planning your wedding is to put things into perspective and prioritize the most important things. Some aspects of the wedding may largely be forgotten as soon as it's over, but others may be with you or shared with others for decades to come. Knowing what is most important to you can help you focus on where it pays to save.
Typical Budget Breakdown
The average wedding budget is broken down something like this:
- 40% on food, cake, and alcohol
- 3% on the facilities for the reception
- 8% on flowers
- 10% on entertainment
- 14% on clothing
- 7% on a photographer
- 4% on invitations and other printed supplies
- 4% on gifts
- 2% on transportation
- 8% on miscellaneous items
To help you get a better idea of what your budget is and how much should be spent on the various categories, make sure you check out the wedding budget worksheet. If you plan ahead and focus on the most important aspects, you can have an affordable wedding.
Recently we are preparing an issue on Fund Investment at fixed time and fixed amount in long term, maybe 10or 20 years. For example, Mr. WANG has been bought the same fund for 10 years, every mouth he pay a fixed amount of money.
This is a new invest strategy in China. So we hope you can give our Chinese readers some introduction of fund investment in you country. We will be very honored if you can answer our questions listed below.
1. Can you describe “Fund Investment at fixed time and fixed amount in long term” in your country?
2. What kind of investor in your country use this invest strategy?
3. What kind of funds are suit for this invest strategy? How to allocate the different style funds
4. If buy a fund every month and keep it for 20 years, investor can be a millionaire?
5. Is it a common investment method in your country?
6. Financial planner how to use this method to manage their clients’ wealth?