7 Money-Saving Tips for the Modern-Day Bridesmaid from a Financial Adviser

You want to be there for your best friend or sister, but you shouldn't go into debt to do so. Instead, be smart about a few things, and learn how to say no, ever so graciously.

 A bridesmaid peeks out from behind her bouquet.
(Image credit: Getty Images)

If you have never been a bridesmaid, the cost of paying for all the things that go along with the job (the dress, shower, bachelorette parties, travel and the gifts) can be a shock. In fact, Wedding Wire estimates that the cost of being a bridesmaid is about $1,200 per wedding!

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Julia Pham, CFP®, AIF®, CDFA®
Wealth Adviser, Halbert Hargrove

Julia Pham joined Halbert Hargrove as a Wealth Adviser in 2015. Her role includes encouraging HH clients to explore and fine-tune their aspirations — and working with them to create a road map to attain the goals that matter to them. Julia has worked in financial services since 2007. Julia earned a Bachelor of Arts degree cum laude in Economics and Sociology, and an MBA, both from the University of California at Irvine.