Source: New York Post —
Couples in the US are reportedly raising cash from their wedding guests for housing and other expenses, according to wedding planning websites like Zola and The Knot, according to a report.
Housing related cash registries have doubled on Zola since 2019. Over 2 million couples have used the service since its inception in 2013, with three-quarters of them requesting cash for their expenses, the Financial Times reported.
After honeymoons, funds for new homes and repairs and renovations are the second most popular ones on The Knot, the website that surveys over 300,000 brides, grooms, guests and wedding planners every year.
“With everything that we’ve experienced when it comes to inflation and the housing market, people are really reflecting on how they want to use their registry,” said Esther Lee, deputy editor at The Knot, in a conversation with the Financial Times.