Wedding Boom Looms; Experts Offer Advice on Tying the Knot

Media Release

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As restrictions on public gatherings ease up this year, more couples are pushing through with their plans of walking down the aisle. But tying the knot entails planning way beyond the wedding day.

Talking about essential topics such as family, faith and finances is important. This and more were discussed during the “Ready or Knot: Your Guide to Wedding Planning and Beyond” webinar presented by Insular Life (InLife).

“After two years of postponed and downsized weddings, the wedding industry is seeing a surge of couples planning to get married during the second half of 2022 and beyond. The demand for wedding services and products has never been higher,” said Sharon Fabian, managing director of Themes & Motifs and chief inspirer at Inspirations.ph.

Fabian shared that the number of registered marriages in 2020 had a big dip to only 240,780 couples from 431,970 registered marriages in 2019. While 2021 data is not yet available, Fabian said the numbers had already increased and are expected to further grow this year. Because of this, she advised couples to start booking their preferred vendors 12 to 15 months ahead.

Steps to a less stressful wedding preparation

Planning a wedding which takes weeks and months can be draining for couples. To make it less stressful, Fabian advised couples to think of the “big picture” first. She noted that figuring out the type of wedding couples want would smoothen the preparations.

Next, set the wedding date. While June is considered the month for weddings, Fabian shared that most weddings in the Philippines are held in January and December as family members abroad come home during the holidays.

Create a wedding checklist, but make sure that it’s flexible. At the same time, establish your priorities and non-negotiables with your partner.

Afterwards, set your wedding budget. As the big day approaches, it would be advisable to have a wedding planner or coordinator help you. Start booking your wedding vendors and suppliers, too.

Credit: Pixabay

Most importantly, don’t forget to get a marriage license and the required documents from the church.

Beyond the Big Day

After the wedding day comes the weeks, months, and years to spend with your better half, and it is essential that you are on the same page about important issues.

“Communication is critical if you want to last in the marriage. Kung gusto ninyo ng ‘til death do us part, importante na pag-usapan ang mga bagay, (If you want the till death do us part, it’s important that you discuss things),” said Pastor Allan Magtoto of Victory Greenhills.

Pastor Allan who also hosts “Usapang Tatay” podcast shared that the following topics are essential for a stronger bond between couples: finances; family culture and values; future family; friends; and faith.

“Let’s communicate with God, so that we could communicate with others better,” Pastor Allan advised.

Meeting your family’s needs and goals

Ysabel Obviar, InLife financial advisor, shared that the best insurance plans for those who are planning to get married take into account the couples’ needs and goals.

“You should be transparent with your finances and talk as a couple about your dreams for your family,” she said.

There are various insurance products, she said, and it would be wise to talk to a financial advisor to know more about your available options.

Obviar agreed with Pastor Allan’s advice on maintaining an open communication between the couple. A marriage, she said, is not just the union of hearts and families, but of the couple’s wallets as well.

“Make sure that as a couple, even if you’re not yet married, you talk about your finances and share your dreams together and grow together,” she emphasized.

Indeed, planning for a memorable wedding day takes a lot of work for couples. But sustained efforts are needed to seal the knot as one family bounded by a strong faith and supported by a solid financial plan.

More life and financial advice from the experts

InLife regularly holds free webinars with professionals and experts as resource speakers. On July 28 (Thursday), it was “Livin’ the Sweet Life” InLife Sheroes webinar which discussed the health issues and financial impact of diabetes.

Medical Center Manila Endocrinologist and University of the Philippines (UP) – College of Medicine Associate Professor Mia Fojas, MD; Registered Nutritionist-Dietitian Jo Sebastian; and Million Dollar Round Table Member and InLife financial advisor Ethel Tunguia were the guest speakers for the event that was held in celebration of Diabetes Awareness Week. The live discussion aired via Zoom at 4 p.m.

The speakers talked about the disease, how to live with it, how to manage it, and the sweet lifestyle choices one can make. It also delved into the real cost of diabetes and how one can be financially protected from it. A question and answer session followed.

Some lucky guest won a Telemedicine service for one year. (✓)

Visit https://www.facebook.com/InsularLifePH to get more life and financial advice from the experts and learn about InLife’s latest webinars.

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About The Insular Life Assurance Company, Ltd.

Insular Life (InLife) is the first, largest, and only mutual Filipino life insurance company in the country with over 111 years of uninterrupted service. We apply over a hundred years of experience in financial protection, risk management, savings, and investment to help you make confident decisions for you and your loved ones.

As a mutual life insurance company, our accountability is to our policyholders. They can be assured of being protected by a company that has an asset base of over Php154 billion and net worth of Php47.8 billion. We have a nationwide presence through our 54 branches all over the country, and an expanded digital footprint to serve our customers, wherever and whenever they want. Our success is anchored on the well-being and security of our policyholders and beneficiaries, employees and financial advisors, partner companies and institutions, and host communities as we exist to offer a lifetime for good for everyone.

For more information, visit http://www.insularlife.com.ph.

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Featured image from Unsplash by @Nate_Dumlao shows a bride’s hand with a flower.

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