Supposing you want to get a decent sized ring , 0.5 carat. Nevermind the clarity , colour or setting.. It'll cost you around 4.5k. That's just the diamond ring, you need to get wedding bands too, which will easily cost up to 2k.
So we've got that settled. You're a face-loving Chinese descendant who needs to host a grand wedding. You need to host a wedding dinner/Banquet for all your family members and friends. Suppose the going rate for 1 table is at least 1k, you'll host at least 30 tables depending on how sociable you are. That's 30k for 30 tables + booking fees for dining hall which is another say 10k. You'll need some more money for the misc stuff, wedding gown, suits, photo albums, etc etc. That'll cost about 10k
All in all it'll cos 50k
Then you'll need to go on a holiday. Suppose you two go to the NATAS fair and found a really good deal for 2 to Hokkaido for 10k.
Summing it up, 50k +10k + 6.5k = 66.5k
Supposing your girlfriend is really picky and wants another setting at you ROM, that'll cost 3.5k? to round it up, So in total you'll need at least 70k to get comfortably married.
On the up side, you may recover up to 20k-30k from Angbaos depending on how affluent your friends and immediate family are.
I'm pretty sure every lovebirds would want a private nest they call home, so you'll still have to pay 20% upfront for your HDB if you're buying one. Let's take the average of 250k *20% =50k. Damn you still need to top up 30k and all your Angbaos will go to paying for your new flat.
Plus, 40% max of your earnings will go into your new flat as illustrated in previous post, which will make your life so damn miserable.
Sigh, almost makes you want to have a void deck wedding doesn't it?
~KKS
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