Wednesday, February 3, 2010

SEMI Planner Tips ~ Best Way to Save for your Wedding

In this economy, everyone is looking for ways to save. But when you are getting married, it can seem like a daunting task. We received this from Real Simple Weddings and thought we would share it with all of you because it is great information!

Whether you’re planning a small wedding for friends and family or a raucous reception 600 guests strong, you’ll need the bucks to back up your bottom line. Start squirreling away money for your wedding now. Open a savings account with an online bank that pays high interest rates, like ING Direct. Because these banks don’t have a lot of overhead, they let you automatically transfer money out of your checking account and into a linked savings account with no fees. Ideally, arrange to have 10 to 20 percent of each paycheck deposited into this account, beginning at least a year before your wedding date.

Please remember to check back again because we will be continuing to share tips on how to stretch your wedding budget dollars!

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