It's true — millennials are going into debt over the cost of being a bridesmaid or groomsman in a friend’s wedding.
35 percent of bridesmaids and 30 percent of groomsmen shelled out so much cash leading up to the wedding, they fell into debt, reports a new survey.
According to the findings, 58 percent of bridesmaids and 43 percent of groomsmen said that when they began to do the math for the upcoming wedding, they felt physically sick.
For the bridesmaids, the cost and the stress of spending too much often led to fights with the bride.
If you're asked to be a maid-of-honor or best man, it gets even worse. Nearly half (43 percent) of maids-of-honor and 38 percent of best men said they were forced to spend money they did not have on the bride or groom.
Most of the cash went to bachelor and bachelorette parties, travel, bridal showers, formal attire, gifts, and more. 37 percent of those asked said they've turned down an invite to be in a wedding because of the cost.
The study found the average cost of an American wedding to be $33,391.
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