Credit card debt in the U.S. totals a whopping $1.17 trillion. More than half the couples surveyed by Bored Panda spoke to WalletHub’s finance writer and analyst Chip Lupo to understand the implications of using credit cards for wedding expenses. Lupo advises that if used responsibly, credit cards can be a helpful strategy. He suggests avoiding long-term debt by utilizing credit cards with benefits like 0% introductory APR or rewards.
Couples should only charge what they can repay during the interest-free period and consider alternative options such as scaling back wedding plans, hosting a simpler ceremony, or saving in advance. Lupo emphasizes the importance of prioritizing budgeting and avoiding financial instability
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