Hallie Kraus, CFP®, CRPC®, Private Wealth Advisor at Treehouse Wealth Advisors, was recently featured in a BestMoney article titled “How to Pay Off Wedding Debt Fast.”
The article addresses strategies for financing a wedding responsibly and managing debt that can accumulate from the average wedding cost of $34,200. It covers financing options from personal loans to credit cards, what to avoid, and how to consolidate debt after the big day.
Hallie provided a clear perspective on wedding debt: “A wedding doesn’t produce income or appreciate over time. As a result, borrowing for it falls into the category of bad debt, in which you’re paying interest without gaining a lasting financial return.” She emphasized that borrowing conservatively matters when financing celebrations.
The article highlights that Hallie’s advice aligns with the “20% rule” recommendation—borrowing no more than 20% of the total wedding cost to keep monthly payments manageable and protect finances in the first years of marriage.
Treehouse Wealth Advisors is a fee-only wealth management firm based in the San Francisco Bay Area, serving innovators, legacy builders, and impact makers. The firm provides personalized financial planning, investment management, and wealth advisory services, helping clients navigate significant life changes and work toward fulfilling, meaningful lives.
