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Infographic: 43% of Americans have declined a wedding invitation for financial reasons

Today it’s not only expensive to host a wedding, but also to attend one. On average, wedding guests expect to pay an average of $539 for each wedding they attend. This adds up quickly especially when you have multiple events to attend in one year (or most likely one summer). So we asked consumers if they have every turned down a wedding invitation for financial reasons and if they would be willing to acquire credit card debt just to attend. 70 percent of respondents reported that they have declined a wedding invitation before for a variety of reasons including not being able to afford it and not willing to go into credit card debt. Check out this infographic if you are considering declining an event invitation because of financial reasons and for more interesting statistics on the cost of attending a wedding.

Wedding _Inforgraphic

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American Consumer Credit Counseling (ACCC) provides nonprofit credit counseling, financial education, debt relief consolidation and debt reduction services for consumers nationwide. We offer free credit counseling to help individuals and families learn how to pay down credit card debt and how to eliminate debt altogether. As an alternative to expensive unsecured debt consolidation programs for settling credit card debt, our debt management programs help consumers pay off debts and manage credit card debt more quickly by consolidating payments. We also offer debt negotiation services to help reduce finance charges and interest rates. And our financial education services show consumer how to manage money more effectively and how to get rid of credit card debt more quickly – usually in five years or less.

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