Tesco Bank advises saving regularly for wedding

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Tesco Bank advises saving regularly for wedding

New research by Tesco Bank has shown that many parents are paying for their children's weddings in certain areas of the UK, but more than half are paying for the events themselves.

Jeremy Sutton, head of savings & investments at the institution, suggested couples are putting money aside regularly to ease the financial strain of the big day.

Tesco Bank revealed partners are bringing their own lunches into work and having their morning coffee at home in order to have money to save for their wedding.

Mr Sutton remarked: "Planning your wedding day can be quite stressful, particularly when it comes to managing finances. Saving regularly each month can really make a difference."

The company noted 61 per cent of parents in Cardiff pay for their children's wedding, but overall 52 per cent of brides and grooms take on the financial burden themselves.

A recent study by Tesco Bank showed that 29 per cent of couples do not merge their finances with their partners.

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