I am a 26 year old female that is getting married in about 10 months. Certain deposits need to be made within the next month, that I won't have the money for until about 4 or 5 months down the rd. A good male friend has offered to loan me the $2000 I need towards the wedding. It should be said that I've borrowed money before from this person & paid it back promptly, & would have this amount paid back by Sept. But for something like my wedding, should I accept a loan to the tune of $2000 even if it will be paid back in 8 months? If I do, should I inform my fiance that I indeed have borrowed the money from this friend as well? The reason my fiance & I don't have the extra cash right now is because we are working on lawyers fees for his papers (taking 1st priority over the wedding, etc) As we all know, you need to book & place deposits asap on certain things for a wedding. Family isn't an option as they have enough money to "just get by", & bank loans charge interest, my friend wont.
2006-12-01 17:31:21 · 20 answers · asked by justaskingyou1938 1 in Family & Relationships ➔ Weddings
It sounds like you & your friend have a good relationship and he knows you will pay him back. So I say if you need the money now and he has it to loan then you should accept. Make sure you pay him back!!! And yes, tell your fiance before having any further discussion with your friend. It is his wedding too and will become his debt as well. Not to mention you don't want to ruffle the grooms feathers by letting another man provide for your needs, friend or not, a groom could be upset by this. Talk to your fiance and if he agrees it would be okay to borrow the money then set something up with your friend and make sure you pay him back when you say you will. good luck and happy planning!!! Another thought to think of is if you have to borrow money to pay for the wedding should you down size a little and make it not so expensive?? I am also planning a wedding and I am making a lot of the things myself. I am paying for the reception site, photographer, and a family friend will DJ. Shop around. Talk to friends. Maybe there is a friend of a friend that DJ's or takes photos. Make all your own favors, invitations, menus, programs, flowers (bouquets & boutineers), & decorations. Make sure you shop around for supplies and find the best deals!!!!
2006-12-01 20:38:09 · answer #1 · answered by tiger4mel 2 · 0⤊ 0⤋
I'd tell your fiance about the offer. If it's something you alone are paying back, get his thoughts but I don't see any problem with it as long as you make the loan in writing and have a payment time schedule made. But always get it in writing, whether the loan is from family or friend and keep that as part of a "business" friendship, that way you will be sure to remain friends. Good luck on your wedding!
2006-12-01 17:41:51 · answer #2 · answered by Tweet 5 · 0⤊ 0⤋
As you have done this before and paid back I would consider it. Yes you need to tell your fiancee whenever you borrow money for a wedding. Make sure you write up a repayment schedule and get it witnessed. And keep it a friend like this doesn't come along often.Even if she doesn't charge you interest you should pay it in some way even if it is just a special thank you gift.
2006-12-01 20:04:15 · answer #3 · answered by emmandal 4 · 0⤊ 0⤋
I'd wait the four or five months and save up the money yourself, even if it means pushing back the wedding a month or two! Never do anything behind the others back! And don't borrow money from friends! It's a good way to lose a friend! It never fails, you borrow your friends car... it gets scratched! What if you borrow this money and something unforeseen happens that you can't pay it back! What if something happens to your friend, that he needs the money back for an emergency and you can't give it back? It sounds like you have a good friend there and their hard to come by! Do this yourself and save the money!
2006-12-01 17:58:35 · answer #4 · answered by pete 1 · 1⤊ 0⤋
You can borrow the money and then kiss your friend goodbye.
OR, if you guys are that strapped for cash, I truly recommend just nixing the whole "big wedding thing" and having a small intimate wedding with just a few friends and family members.
Yes, people will be insulted, whatever. THEY'RE not paying for it. Do what you can afford without borrowing money from people other than your fiance or immediate family. Planning a wedding is stressful enough...try not to add to it with this...
2006-12-01 20:06:06 · answer #5 · answered by Lanie 2 · 1⤊ 0⤋
DONT!! From a male pespective I would say if possible wait to see what happens a little farther down the road. I'm not sure what your guy is like but I know Id be pissed to know another guy helped pay for "our wedding" (Im happily married by the way) My wife and I had a very quaint wedding and knocked about $5000 off our total. Want more info on a good one? email my wife."ghkreddekop@hotmail.com" PS she is sitting right here and agrees.
2006-12-01 17:48:54 · answer #6 · answered by Gord 1 · 0⤊ 0⤋
NO!!! That is the first step to losing a friend or maybe in this case be blackmailed by your male friend after marriage, or agree to an affair.
Why not have a "smaller" wedding, because it seems to me if you don't trust your fiance with this, when he finds out, you might be divorcing soon!.
2006-12-01 17:43:56 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Except, ONLY if you know without a DOUBT you will be repaying it within the time frame given; if not, DONT DO IT! Soooooooo many friendships END over financial issues/loans. If you know you won't have it down the line or if you have any bad feelings about borrowing it, dont do it!
2006-12-01 17:40:16 · answer #8 · answered by Lady Albritton 4 · 0⤊ 0⤋
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2016-12-29 19:13:23 · answer #9 · answered by ? 3 · 0⤊ 0⤋
Well,if you really need it and will be able to pay it back promptly,just accept the offer.
2006-12-01 17:34:36 · answer #10 · answered by ike mie 3 · 0⤊ 0⤋