ilmscore | Prediction Details
"but that wedding there's a whole new business today of people providing loans to Indian parents trying to get their kids married oh wow and and it is very very very very I say bad because I never would recommend anybody in any circumstance to go into debt for any part of their wedding I me this is a second mortgage these are Big Numbers these are huge numbers but the thing is your mortgage at least has some collateral your house you have no there's an asset there there's not a party that disappeared forgot about and so you know we my wife and I had a very nice wedding it was in the six figures um but I was very fortunate that we were able to pay for it with cash and we had already budgeted for it like I started saving for a wedding when I was a lot younger before I had even met my wife"
By Minority Mindset | March 13, 2024 | Pending
From video
How I Went From Broke To Millionaire In 3 Steps | George Kamel x Jaspreet Singh 00:25:00 - 00:25:44
Interpreted Prediction
It is strongly advised against taking on any debt for a wedding, as it is a depreciating expense with no collateral, unlike a mortgage. The speaker was able to pay for a six-figure wedding in cash due to prior budgeting and saving.

Prediction Details

Topic
Wedding Financing

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