The savings allowed them to focus on what they considered more important milestones.
“We wanted to walk into this marriage being financially strong,” Ms Peng told CNA.
“We prioritised our long-term plans – housing, building a family, travelling. Those were the major reasons for us to cut back. We didn’t feel that it should be compulsory to spend so much money on a single night.”
Mr Tan said they had seen friends struggle financially after spending heavily on weddings.
“I have a few friends – they cancelled their honeymoon, pushed back their housing and having a child to have that big wedding solely to satisfy their parents and (relatives),” he said.
“Some of them are still paying off their wedding loans. They regret it sometimes (and) would have preferred to have more cash flow.”
SMALLER WEDDINGS, LOWER BUDGET
According to wedding planners, average guest numbers for Chinese weddings have fallen from around 300 before the COVID-19 pandemic to about 100 today.
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