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thwarted | 12 days ago
It seems odd to claim this increase is due to keeping up with others' weddings when inflation between 1990 and 2015 was roughly the difference here. The weddings were/are more expensive because everything was/is more expensive. $15,000 in 1990 had the same purchasing power as ~$27,000 in 2015. So this hardly seems related to bigger, more extravagant weddings. People have had to spend more to maintain the same quality of wedding as the previous generation.
shipman05|12 days ago
In fact, weddings decreased in inflation-adjusted cost between 1990 and 2023: https://ktvz.com/stacker-lifestyle/2024/03/01/how-us-wedding...
I would assume that downward trend has continued as inflation has spiked in the past few years and people had to spend more of their money in other areas.
thwarted|12 days ago
As did I.
90s weddings remind me of the Friends episode where Monica was scoping out her wedding. Chandler revealed how much money he had by writing it on a price of paper (that is, the audience never saw the dollar value), and Monica said something like "oh, we can go with best one, plan A" and Chandler said he didn't want to spend that much money "on one party". I've always wondered what amount of money that was.
jgeada|12 days ago
Bukhmanizer|12 days ago