I attended a wedding recently, and a thought crossed my mindโhow much does it really cost to have a wedding these days? At 23, I realize itโs time to start planning for such big life events. So, I crunched some numbers: If I start a monthly SIP of โน10,000 for 6 years (assuming I marry at 29) with an average return of 12%, Iโd have approximately โน11โ12 lakhs by then. Considering the average cost of Indian weddings todayโโน10 lakhs and above (including jewelry, venue, and other expenses)โit seems I might still need to dip into other investments or compromise on my long-term financial goals. This got me thinking: Is there a better way to plan for such milestone expenses without sacrificing future goals? Should we approach wedding savings differentlyโlike dedicated funds or financial products tailored for such life events? Would love to hear your thoughts or strategies on how youโre planning for your big day financially!
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