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Should you take a personal loan for your wedding or use savings? Experts explain the smarter money choice
Mint 1 hr ago·19 Sept 2026, 1:35 am
Planning a wedding involves significant expenses, often leading to the question of whether to dip into savings or take a personal loan. Experts suggest that using savings is generally the smarter choice, as it preserves your financial cushion and avoids interest payments. However, if savings are insufficient, a personal loan can be a temporary solution, provided you can manage the Equated Monthly Installments (EMIs) without straining your monthly budget.
Taking on wedding debt is a major financial commitment. High EMIs can eat into your disposable income, potentially delaying other important goals like buying a home, starting a business, or building an emergency fund. Borrowers must carefully assess their repayment capacity and interest rates before signing any loan agreement. A well-planned budget ensures that the joy of the celebration does not lead to long-term financial stress.
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