{"id":1305,"date":"2026-03-13T09:05:01","date_gmt":"2026-03-13T09:05:01","guid":{"rendered":"https:\/\/stock999.top\/?p=1305"},"modified":"2026-03-13T09:05:01","modified_gmt":"2026-03-13T09:05:01","slug":"what-a-waste-of-money-shark-tank-star-kevin-oleary-urges-couples-to-ditch-extravagant-weddings","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=1305","title":{"rendered":"‘What a waste of money’: Shark Tank star Kevin O’Leary urges couples to ditch extravagant weddings"},"content":{"rendered":"

<\/p>\n

Shark Tank\u2019s Kevin O\u2019Leary urges couples to think about their future together before they shell out for a big wedding.\u00a0<\/p>\n

The investor and founder of O\u2019Leary Ventures, who is known for his blunt takes on everything from remote work to Gen Z, has some characteristically frank advice for young couples: Save your wedding money.<\/p>\n

\u201cWhat\u2019s the number one mistake that people make before they get married?\u201d asked O\u2019Leary in a video published Wednesday. \u201cI\u2019m talking about just before they get married, they plan a huge wedding. What a waste of money.\u201d\u00a0<\/p>\n

Instead, O\u2019Leary said couples should think small for the sake of their future selves, opting for a civil ceremony and a party afterwards with just a small group of friends.<\/p>\n

\u201cBe very selective on who you invite. They got to be meaningful to you, and forget the big extravaganza,\u201d he said.<\/p>\n

O\u2019Leary\u2019s comments come as the price of a wedding in the U.S. has jumped to above $30,000. The average cost of an American wedding stood at $36,000 as of 2026, according to wedding planning platform Zola. This price tag includes renting a venue, the wedding dress, as well as flowers and photography. A separate Zola study of 11,500 couples from January found 84% also believe their wedding will cost more this year compared to two years ago because of the economy or tariffs.<\/p>\n

Still, Zola\u2019s head of brand Sammi Kobrin said when it comes to bringing family and friends together at their wedding, \u201cthe vast majority say it will be well worth the cost.\u201d\u00a0<\/p>\n

But when couples are dropping so much money on their weddings, and often going over budget, according to Zola, the strain has jumped not just for couples and their families\u2014but also wedding guests, who are increasingly being asked to comply with demanding expectations related to the dress code and the gifts they receive.<\/p>\n

In this context, O\u2019Leary said couples should skip the stress and use the money they would have spent on their wedding for something big down the line. <\/p>\n

\u201cInstead of spending a lot of dough, you spend a small amount, take the difference and invest it in your mutual future, maybe a deposit on a house,\u201d he said.<\/p>\n

For couples looking to buy a home, skipping a wedding instead of resorting to a downpayment fund on their wedding registry, may make financial sense, even if it may not feel good emotionally.\u00a0<\/p>\n

The average age of a first-time home buyer has risen to an all-time-high of 40 years old, which may be no surprise as the median sales price of an American home reached $405,000 in the last quarter of 2025, according to the Federal Reserve Bank of St. Louis. A person looking to put up the optimal 20% down payment on a median priced home would have to save $81,000 to avoid paying private mortgage insurance (PMI).<\/p>\n

While the conventional 30-year mortgage rate has fallen to about 6% from a high of 8% in 2023, home prices have risen so much that more than half of six-figure earners say buying a house is out of reach.<\/p>\n

Even after the wedding, O\u2019Leary said a dream honeymoon should also be out of the question. Why take a luxury vacation, he asked, if the couple is still not established financially?\u00a0<\/p>\n

\u201cOnce you actually stabilize and you get yourselves in order, then take a vacation,\u201d he said. \u201cBut putting yourselves in massive amounts of debt just to get married is really stupid.\u201d\u00a0<\/p>\n

#waste #money #Shark #Tank #star #Kevin #OLeary #urges #couples #ditch #extravagant #weddings<\/p>\n","protected":false},"excerpt":{"rendered":"

Shark Tank\u2019s Kevin O\u2019Leary urges couples to think about their future together before they shell…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[245],"tags":[1199,2763,2768,2769,2770,2764,641,1584,2765,27,1629,2692,109,589,583,2767,590,2704,2766,2771],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/1305"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1305"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/1305\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}