Are You Planning a Post-Pandemic Wedding?

Are You Planning a Post-Pandemic Wedding?
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Dear Carrie: My fiance and I were just starting to plan our wedding when the COVID-19 pandemic hit. Originally, we thought we would have a no-expense-spared, blowout wedding and reception sometime next year. We’ve managed to save up a pretty penny, but given everything that has happened, we’re wondering if we shouldn’t cut back. We’re also wondering what we should do with the money we’ve saved between now and our (eventual) wedding date. Your thoughts?—A Reader

Dear Reader: Your situation is a great example of how the COVID-19 pandemic has impacted our personal finances, possibly for years to come. I’ve heard from several readers and clients who are reassessing their priorities in a similar way, thinking hard about the way they want to spend, protect, and invest their money. Hats off to you not only for recognizing this shift in yourself, but also for searching for the best ways to respond.

Carrie Schwab-Pomerantz
Carrie Schwab-Pomerantz
Author
Carrie Schwab-Pomerantz, a certified financial planner, is president of the Charles Schwab Foundation and author of "The Charles Schwab Guide to Finances After Fifty."
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