'We're Getting Married-and Asking Guests To Chip In for a Down Payment'
Briefly

A couple planning a destination wedding in Canada is choosing a modern approach to their wedding registry by allowing guests to contribute toward a future home down payment instead of traditional gifts. This shift reflects a growing trend, as surveys indicate a significant proportion of newlyweds are now requesting financial support for homebuying expenses. The bride-to-be, Eliza Palasz, highlights the idea of creating a lasting investment that involves their friends and family. Both she and her fiancé, Patrick Rooney, are focused on effectively managing any gifted funds to eventually realize their homeownership goals.
"A future home feels like a thoughtful, lasting investment that friends and family can be part of-no matter the size of their contribution," says Palasz.
"Though 35% of newlywed homeowners say their wedding expenses delayed homeownership plans, receiving gift funds as part of a registry is definitely a way for couples to rebuild their coffers."
"Since we're having a destination wedding, minimizing physical gifts makes things simpler, and not everyone feels drawn to contribute to a honeymoon," says Eliza Palasz.
"We definitely don't expect to receive enough for a full down payment right after the wedding-but whatever we do receive will absolutely be set aside for that purpose," says Palasz.
Read at SFGATE
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