Here comes… economic uncertainty. The risk of tariffs on imported goods add a layer of unpredictability to wedding planning. In the coming months, couples marrying in the US are likely to see higher prices on essentials like dresses, flowers, alcohol, and décor. This may result in:
Increased wedding budgets, with the average U.S. wedding already topping $33,000. Vendors passing on higher costs to couples or introducing new surcharges. Couples facing tough decisions about guest lists, décor, and even the timing of their weddings. Luckily, smart couples can act proactively to reduce costs. If you can, book vendors early. Make sure that contracts lock in prices before further tariff increases take effect. It may make more sense to pre-pay, depending on what happens to the costs of supplies. Additionally, source locally wherever possible. By buying locally made goods and retaining service providers in your area, you may reduce exposure to tariffs while also supporting your community.
Unfortunately, tariffs are likely to impact more than your immediate wedding costs – they could also impact the future growth of your finances. The direct consequences of tariffs on your future financial planning may not be obvious at first glance. Here’s a taste of the complex economics involved:
Asset Valuation: As the cost of wedding-related goods and services rises, so would the value of certain marital and non-marital assets. For example, a wedding dress purchased in 2024 might cost significantly more in 2025 due to tariffs, complicating asset lists and valuations in prenups. Debt and Financial Planning: As goods become more expensive, couples may take on more debt. Prenups need to address not just assets, but also liabilities, ensuring clarity on who is responsible for which debts if the marriage ends. Enter, First! A trusted online prenup provider known for its integrated dual-lawyer experience , First is the perfect partner to help couples navigate these challenges.
Have A Well-Drafted, Enforceable Prenup: Make sure your prenuptial agreement reflects current realities, including any new debts, changed asset values, or anticipated changes in financial circumstance. First’s patent-pending platform was designed in conjunction with experienced family law attorneys in every state we operate in, to make sure our prenups will hold up in court. Consult Professionals: Work with experienced attorneys who understand both wedding industry trends and family law. First’s lawyer-supported product ensures that both partners have a go-to advocate who can explain the consequences of what they are agreeing to, especially in light of today’s changing economic circumstances. Save Thousands: At a price point thousands of dollars lower than hiring two independent attorneys, couples save money with First that can be put towards other wedding expenses. At the same time, First is human-drafted, removing any worries about AI-invented text that could hurt the agreement’s enforceability. The Bottom Line Tariffs are reshaping the wedding landscape, driving up costs and introducing new uncertainties. For couples, this means more than just adjusting budgets—it requires rethinking financial agreements and ensuring prenups are up to date. Work with First to stay informed and proactive, so that you can protect your celebration, your finances, and your future together. Book a consultation call today!