By Rosalyn Binday
Valentine’s Day is a popular day to get engaged. But popping the question is just the beginning step in preparing for one of the biggest days of your life.
One of the largest online resources for wedding information, TheKnot.com, periodically releases a collection of fun and interesting statistics about weddings in the United States. Below are 12 interesting takeaways from The Knot’s survey of those who were married in 2012:
- Average Wedding Budget: $28,427 (excludes honeymoon)
- Most Expensive Place to Get Married: Manhattan, $76,678 on average
- Least Expensive Place to Get Married: Alaska, $15,504 on average
- Average Spent on a Wedding Dress: $1,211
- Average Marrying Age: Bride, 29; Groom, 31
- Average Number of Guests: 139
- Average Number of Bridesmaids: 4 to 5
- Average Number of Groomsmen: 4 to 5
- Most Popular Month to Get Engaged: December (16%)
- Average Length of Engagement: 14 months
- Most Popular Month to Get Married: June (17%)
- Percentage of Destination Weddings: 24%
One of the most challenging elements of planning your big day is the managing the budget. Committing to spend thousands on a venue, dresses, flowers, photographer, DJ, cake and more can be stressful to say the least.
Most want a substantial deposit when you book them for your wedding day, but what happens if the bakery for your cake runs into financial trouble and goes out of business or your reception venue is knocked out by a natural disaster?
Everyone wants their special day to be perfect, but as we all know, things can go wrong. With some simple planning and a little knowledge, you will be protected and can even recover deposits if something goes awry. Traveler’s and several other top-rank insurance companies offer specialty coverage that can help protect your big investment and special day.
Talk to your Advocate Brokerage agent to assess your needs and help give you piece of mind, letting you relax and enjoy one of the best days of your life.