Newlyweds Swap Traditional Gifts for Home Funds
It looks like wedding registries are getting a major makeover, and cash is taking center stage! Many couples are now ditching the classic wish list of kitchen gadgets and home décor in favor of a more ambitious goal: saving for their very own home. A recent study found that 55% more couples are requesting a “home fund” to help pave the way toward property ownership, proving that nothing says ‘I love you’ like a hefty down payment.
Even the experts are backing this trend, with nearly 87% of newlyweds planning to add some form of cash fund to their registry. Just imagine your friends gifting you funds instead of another set of wine glasses—talk about a win-win! Allison Cullman from Zola hit the nail on the head when she said that present-giving should support a couple’s future together. Honestly, who wouldn’t want to celebrate love with a little help from close friends and family in the form of down payment donations?
With interest rates dropping and the housing market getting a bit more forgiving, couples are looking to make owning a home a reality—but let’s be real, it’s not always easy! Amanda Pendleton from Zillow Home Loans noted that around 43% of new buyers are leaning on gift funds to achieve their housing goals. So, maybe the question isn’t whether it’s okay to ask for cash, but rather, when did cash become the new cookie-cutter gift?
At the end of the day, this new trend shows how priorities have shifted, and let’s face it, no one wants to be blindly handing over cash for wedding gifts resembling gift cards to stores you can’t stand. If that’s the case, why not aim for a housewarming party instead?
