Could you save money on your wedding with crowdfunding?

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saveonweddings

saveonweddingsThe rise of crowdfunding is making its way into the mainstream, helped along by a number of high-profile projects. Everyone from Amanda Palmer to Seth Godin has used crowdfunding for their projects.

But crowdfunding isn’t just for businesses or creative projects anymore. Sites like Indiegogo and GoFundMe have joined the ranks of Kickstarter, creating spaces for anyone to ask for money for anything.

With the cost of weddings rising each year, it’s natural for crowdfunding to head in this direction as well. According to CNN Money, crowdfunding is becoming increasingly popular for weddings.

Get Others to Foot Your Wedding Bill

CNN points out that it’s not uncommon for weddings to run in the five-figure range, and for many people, that’s a lot to pay for one day. Crowdfunding provides couples with the chance to raise some of the money they need to have the wedding of their dreams.

Sites like GoFundMe and Indiegogo are easy to use, and almost anyone can start a campaign. Plus, it’s possible to keep the money you raise, even if you don’t reach your goal. So, if your wedding is going to cost $12,000, even raising $5,000 can be a big help, since you keep that money (minus the fees charged by the crowdfunding site), and can use it toward your wedding.

Crowdfunding sites like this are also great for couples, since they don’t have to offer perks if they don’t want to. Basically, they ask for the money, and then benefit from those who are willing to provide it.

Thanks to technology, the rising costs of your wedding might not be so devastating. Sometimes all you have to do is ask.