The cost of tying the knot is exceeding many Canadian couples’ wedding budgets, a new Wealthsimple survey suggests.
Sixty-nine per cent of married couples surveyed said they “felt pressured to spend more than they were comfortable with.”
More than 1,200 people were surveyed regarding the costs of weddings, including those who paid for their own or turned up for someone else’s.
In comparison, six per cent of couples said they spent “somewhat under budget” and just one per cent reported spending “very under budget.”
On average, surveyed couples budgeted to spend $15,000, most of which came from personal savings. Yet, many couples’ final bill came…
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