The Economic Times

Rs 20 lakh wedding, 500 guests and 48 hours later, nothing. Bengaluru CA warns against impressing relatives: What are you actually buying?

A Bengaluru-based CA and former KPMG and Deloitte employee warned against spending Rs 20 lakh on lavish weddings to impress relatives. She broke down how food, venue, entertainment, photography, decoration and other costs can make the money disappear within 48 hours. She argued that savings, investments, future goals and parents' retirement may bear the hidden cost. Instead, she suggested allocating 35% to the wedding, 25% to investments, 25% to a home and 15% to an emergency fund.