A recent survey of 2,000 engaged Americans reveals a trend towards more budget-conscious weddings. Only 5% of respondents are planning extravagant ceremonies, with 22% opting for modest budgets and 16% working with the bare minimum. Couples now expect to spend around 33% of their combined annual income on the big day, averaging at $21,058. The tradition of the bride's family covering wedding costs is fading, as 85% of couples now foot the bill themselves. Rising prices in venue rentals, photography, catering, and attire are causing sticker shock. Many couples are adapting to the financial climate by getting creative, such as postponing the wedding or opting for more affordable options. (Talkerresearch)
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