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What you may want to budget for: If you aren’t picky about music and would rather save money, Chang says a DJ will always be more cost-effective than a band. You may want to budget for: When it comes to transportation, one of the biggest cost-saving measures you can take is holding the reception at the same location as your ceremony — or at least on the same property, according to Jones. If you end up having your reception at a different location, Chang says the best way to maximize your budget is to have fewer shuttles doing multiple runs. The number of trips and shuttles will depend on the distance and guest count, but this can help save money.” You may want to budget for: • Transportation between the ceremony and reception

Whether you’re thinking about having a courthouse wedding, a virtual wedding, or a socially distant wedding, check out these stories from couples who’ve gotten married during the pandemic: Read More: Why Microweddings Are the Hottest Trend Luz and Jennifer Escobar-Sigman had originally planned to have an intimate courthouse wedding ceremony in San Francisco and then a reception for family and friends at a separate venue. Luz says it only cost her and Jennifer a few hundred dollars to travel to Las Vegas, and they spent a few hundred more on the ceremony plus about $70 for their marriage license. While Jennifer’s wedding dress was ready by May 8, their original date, Luz’s suit got held up at the tailor’s due to the coronavirus lockdown.

It is not where you put money you want to use to take a vacation, go shopping, purchase a house, or any other expense that falls into the ‘want’ category,” says Lauren Bringle Jackson, an accredited financial counselor and content marketing manager at Self, a financial technology company based in Austin, Texas, that aims to help people build credit. First and foremost, before putting together an emergency fund, you should always prioritize designating any additional savings you have towards paying down debt — most specifically high-interest credit card debt,” says Adem Selita, CEO at The Debt Relief Company, a financial services company based in New York City that specializes in debt relief programs. We’ll cover high-yield savings accounts, money market accounts, and investment accounts below. While putting your emergency fund in a checking or savings account at a bank is a safe move, the low returns would allow inflation to eat away at your money over time, says Taylor Matthews, founder of Farther, a financial planning and investment management company based in New York City.

They may try tricking you into providing your personal information, such as your Social Security number, bank account information, or PayPal account. Due to the coronavirus pandemic, the FDIC released a statement in March reminding Americans that the agency will never contact you and ask for personal details like passwords, Social Security numbers, bank account information, and credit and debit card numbers. How to report grandparent and military member scams If you receive any calls relating to a grandparent or military member scam, you can file a complaint with the FTC and your state attorney general. Your bank and the IRS will never contact you and ask for personal information, including account numbers and your Social Security number.