How Much Money Do You Need To Save Before Getting Married In Singapore?

How Much Money Do You Need To Save Before Getting Married In Singapore?How Much Money Do You Need To Save Before Getting Married In Singapore?

If you're planning on settling down soon, you might have thought about how much money you need to save up for marriage. Read on to know much much you need

Getting married with the love of your life sounds like the most amazing thing in the world. And it is! Well, up until you sit down and figure out how much money you need to save for marriage.

Getting hitched isn’t cheap, and as with all big changes in life, it’s something that you really need to save up for and plan well in advance.

And we’re here to help you figure out how much you need to save up for marriage so it’ll be less of a hassle!

How much money do you need to save for marriage?

The first thing you need to do would be to list down all of your potential expenses before you can start saving up.

Listing things down helps you get organised so you can plan for each and every little expense. A common mistake that people make is to not account for everything during the planning stage.

Seemingly small expenses can quickly add up, and you might find yourself quickly going over your planned budget!

That’s why listing things down can help put things into perspective, and will help you figure out how much you need to save for marriage.

Buying a ring – S$3000 onwards

save up for marriage


When getting married, the ring is very important. It’s a symbol of your love for one another, and your dedication to your relationship.

However, rings are pretty expensive. Rings could cost about S$3000 a pair. And those are just the wedding bands alone.

Your other half could be spending another small fortune on engagement rings, which cost anywhere from S$1000 to S$3000 for a decent one.

Don’t forget the BTO – at least S$86,000

Of course, once you get married, you can’t live with your parents forever! Eventually, you’ll have to move out and find a place of your own.

That’s why you also need to save up for BTO. Here’s a pretty useful video to help you learn more about BTO:

Source: Goody Feed

You’ll need to save roughly around S$2000 cash and an additional S$34,000 in CPF or cash for the BTO.

And of course, you will want to furnish your new home. That will be an additional S$30,000 for basic renovations, repairs etc. And that’s not including furniture! So you might want to set aside a total of about S$50,000 for that.

How about wedding expenses? – minimum S$50,000

save up for marriage


Another thing you need to consider would be wedding expenses. You have to consider your wedding venue, paying a wedding planner, food for family and guests, photographers, the wedding dress, clothes for the bridesmaids and groomsmen etc. These are just SOME of the things that you’ll need to consider if you’re getting married.

Wedding planners on average would set you back about S$3,000 to S$5,000.

Photos cost S$3,500 for the most basic package, excluding a photobooth for your guests to enjoy (which can set you back another S$800). If you want videography, it is an additional S$3,000, so that’s S$6,500 just for the photographers and videographers alone.

For the food, depending on which hotel you host your wedding at, it starts at S$1,000 per table, and the minimum usually is 30 tables. So that’s already S$30,000.

Lastly, you’ll also want to celebrate your wedding with your spouse, so you’ll be planning a very memorable honeymoon. That will set you back by roughly S$3,000 for even the most affordable local honeymoon vacations.

And it adds up to?

All in all, expect to save up about S$140,000 give or take, if you’re planning to get married and settle down! And that’s the bare minimum that you should expect to spend when you get married. If you’re looking for a bigger home, or a fancier wedding, that’s an easy S$20,000 to S$50,000 that you would need to add to your savings.

If you’re splitting the cost with your significant other, and you’re giving yourselves at least 3 years to save up, you’ll need to save a total of S$2,500 each every month just to cover the minimum costs.

And if you’re saving at least 1/3 of your salary each month, you need to be earning at least S$3500 each month before you even think about getting married. That means you’ll need to have a stable job and enough savings so that the both of you will be able to live comfortably.

WOW! That’s a lot to think about, isn’t it?

Of course, these numbers are still subject to change, but it should give you a rough idea of how much you’ll need to save up if you want to get hitched.


 So, if you’re considering getting married soon, don’t you think you should start to save for marriage? Don’t worry, we can help you budget your life.

Try the tips in these articles:


How To Budget For Ang Pow If You’re Newly Married

“I’m 38 Years Old And I Have No Savings. What Do I Do?”

How To Save Money: 5 Must-Know Tips To Kickstart Your Savings Account


Got a parenting concern? Read articles or ask away and get instant answers on our app. Download theAsianparent Community on iOS or Android now!

Written by

Jan Alwyn