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Wedding Gift Registries: Thinking Outside the Gift Box
Wedding Gift Registries:
Thinking Outside the Gift Box
 
 
     A recent post entitled "Crowdfunding your down payment?",  written by fellow ActiveRain member, Alan May (Coldwell Banker Residential, Evanston, IL) raised the topic of:
     Engaged couples establishing a Wedding Gift Registry for the purpose of raising funds for a downpayment on a future home purchase ...
     Now, before you form any opinion on this, consider these wedding/registry statistics I found in 2 recent articles ...
     The first stats come from the Pew Research Center article, "How Millennials today compare with their grandparents 50 years ago":

The average age of grooms in the U.S. is now 29 years.  It's 27 years for brides          
     The second set of stats come from a SoundVision.com article, "Wedding Statistics in the United States": 
 
The average number of invitees to a wedding:  178 $19 Billion per year is spent on Wedding Gift Registries 91+% of marrying couples register for gifts Guests spend an average of $70 to $100 on a gift      
     A few obvious conclusions can be drawn from the articles and statistics mentioned above:  
Weddings are a big business   Today's couples are older than their counterparts of even a decade ago   They (and their guests) are spending more on their weddings  
     Consider this too:  Wedding Gift Registries (reported above at 91% participation) have ... more

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