- Financial adviser Chinkee Tan bares all the reasons why getting married at this time of the pand
emic is a good choice - The desire to put up an extravagant show may sometimes ruin the couple’s budget
- To help the couple in managing their personal finance, Chinkee introduces a kit
Are you one of those who are scheduled to get married in 2020 yet postponed the event due to COVID? Think again, financial advisor Chinkee Tan thinks that if you are on a budget, this may be the most practical time to tie the knot.
He said, “Kahit may pandemic, may forever!” Here are the reasons why.
Fewer guests
The first reason is that you do not need to invite a lot of people. Weddings these days are small-sized intimate weddings due to the restrictions implemented by the government. The advantage? You get to spend less than originally planned.
More savings
Secondly, a low budget wedding could translate to more savings which is more important as the new couple will start their life together. Having no entourage at all like the flower girls, bridesmaids and groomsmen will significantly cut down your expenses since you pay for their clothes.
Lesser stress
A lesser number of guests would mean lesser stress. The preparation entails a lot of time, effort and cost and in our desire to put up “a big show” most couples overspend their budget.
“A simple and intimate wedding makes the experience more meaningful,” Chinkee explained.
Memorable
You tied the knot at the time of the pandemic. Isn’t that historic? It is something that you can share with your kids and grandkids in the future.
Motivates creativity
Even with a small-sized wedding, creativity doesn’t stop. In fact, with all the challenges, it makes you think of more ideas to make your wedding unique like inviting your guests to be part of the virtual audience.
We prefer cash
“Your presence is good but we prefer cash.”
Perhaps this pandemic sets a better timing to opt for cash as a gift. Chinkee even suggested a game “palakihan ng pakimkim” among ninongs and ninangs.
In the end, Chinkee suggested that couples should prepare more for marriage rather than their wedding particularly emphasizing on personal finance. It will keep couples away from misunderstandings in handling their money.
And to better equip the couples in taking care of their money, Chinkee introduces the Money Management Kit which teaches them the step by step guide on how to save, budget, get out of debt and invest. Visit this link for more info.
What do you think? Are intimate weddings at this time a good timing? Share your answers below.
Watch his full video here.
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