The Buffalo News : Business Today

Saturday, November 21, 2009

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Here saves the bride

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Here are some quick tips to financial planning for your wedding:

• Start saving now. The sooner you start, the better. You can’t save too much and you can’t start too soon. And given the cost of weddings these days, every penny saved counts. It really does.

• Open a separate bank account. It will help you keep better track of expenditures.

• Find out about online bank accounts that pay high interest rates. They can add value to your dollars.

• Put money in a certificate of deposit or CD. If your wedding date isn’t around the corner, choose to put at least some of the money in a six-or 12-month CD, where your money will earn greater interest.

• Forego the plastic and go green. Once you add interest charged on purchases, annual percentage rates, and any penalties or fees, you may end up paying more for your purchases with credit cards than if you paid with cash.


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