Finance Blog

Stay financially savvy with the Equifax Advisor.

Sign up for our FREE Monthly Email Newsletter


Thank you for signing up for the FREE Equifax monthly newsletter

In addition to keeping in the financial know, you may be interested in checking your credit score and report.

Understand your credit. Help protect your identity.

Equifax Complete™ Premier Plan

  • Know What May Influence Your Credit Score and Be Alerted of Changes
    Credit score monitoring with custom alerts
    Important Disclosure: The Equifax credit score and 3-Bureau credit scores are based on an Equifax credit score model and are not the same scores used by 3rd parties to assess your creditworthiness.¹
  • Help Protect Your Identity
    Automatic fraud alerts encourages lenders to take extra steps to verify your identity²
  • Lock Your Credit
    The ability to lock and unlock your Equifax Credit Report³
Save 75% your first 30 days with the purchase of Equifax Complete™ Premier

$4.95 for the first 30 days, then $19.95 per month thereafter. You may cancel at any time; however, we do not provide partial month refunds.4

¹The credit scores provided under the offers described here use the Equifax Credit Score, which is a proprietary credit model developed by Equifax. The Equifax Credit Score and 3-Bureau scores are each based on the Equifax Credit Score model, but calculated using the information in your Equifax, Experian and TransUnion credit files. The Equifax Credit Score is intended for your own educational use. It is also commercially available to third parties along with numerous other credit scores and models in the marketplace. Please keep in mind third parties are likely to use a different score when evaluating your creditworthiness. Also, third parties will take into consideration items other than your credit score or information found in your credit file, such as your income.

²The Automatic Fraud Alert feature is made available to consumers by Equifax Information Services LLC and fulfilled on its behalf by Equifax Consumer Services LLC.

³Equifax Credit Report Control™ is only available while you have a current subscription to Equifax Complete Premier. Locking your credit file with Equifax Credit Report Control will prevent access to your Equifax credit file by certain third parties, such as credit grantors or other companies and agencies. Credit Report Control will not prevent access to your credit file at any other credit reporting agency, and will not prevent access to your Equifax credit file by companies like Equifax Personal Solutions which provide you with access to your credit report or credit score or monitor your credit file; Federal, state and local government agencies; companies reviewing your application for employment; companies that have a current account or relationship with you, and collection agencies acting on behalf of those whom you owe; for fraud detection and prevention purposes; and companies that wish to make pre-approved offers of credit or insurance to you. To opt out of such pre-approved offers, visit www.optoutprescreen.com/.

4We will require you to provide your payment information when you sign up and we will immediately charge your card $4.95. After that, we will charge the card $19.95 for each month you continue your subscription. You may cancel at any time; however, we do not provide partial month refunds.

Equifax® is a registered trademark and Equifax Complete™ Premier is a trademark of Equifax, Inc. © 2014, Equifax Inc., Atlanta, Georgia. All rights reserved.

Tips for Giving Wedding Gifts on a Limited Budget

Written by Eve Becker on April 29, 2013 in Family Money  |   No comments

While newlyweds take their first wedding dance, a delicate budgeting dance can be going on in the guests’ heads—especially if they had to pay for travel expenses as well as numerous engagement, bridal shower, and wedding gifts. As stressful as it sometimes can be, it’s…

budgetWhile newlyweds take their first wedding dance, a delicate budgeting dance can be going on in the guests’ heads—especially if they had to pay for travel expenses as well as numerous engagement, bridal shower, and wedding gifts.

As stressful as it sometimes can be, it’s possible to keep wedding expenditures in check by thinking of ways to stretch your budget. Luckily, there are many creative ways to make your money go further while still helping the newlyweds start their life together, says Jamie Miles, an editor of popular wedding website, TheKnot.com.

“Couples are aware of the economy and how it’s affecting different people,” Miles says. “They’re going to be understanding if you have to stay within a budget and get something a little less expensive off their registry. Yes, there are bridezillas out there, but at the end of the day, they’re going to understand.”

First, start by shopping early, before the couple’s gift registry is picked over, she says.

“The key to saving is to buy early. Generally about 52 percent of the items on a couple’s registry are going to be under $50,” she says. “If you go within the first weeks, you are still going to be able to buy items that are under $50.”

While The Knot’s Bridal Registry Study shows that friends typically spend $79 on a wedding gift and family members average $146, it’s fine to give an amount that’s comfortable for you, Miles says. “If you’re in the friend realm, it’s going to be a little more acceptable to get something less expensive off their registry.”

“Say that you settle on something in the $20 to $40 range, that’s OK. You can also personalize it a little bit more,” she says. “Say you get them a wine rack off their registry, you can add a couple bottles of their favorite wine. That makes the gift a little more personal, and it’s still going to be affordable.”

Another way to stretch your dollar is to team up with friends to contribute smaller amounts to a group gift. Some 70 percent of couples receive at least one group gift, according to The Knot’s Bridal Registry Study. “It might end up being a little more substantial of a present, but it’s not going to affect your wallet as much as you buying that substantial present alone,” Miles says.

Even if your budget is limited, wedding experts recommend getting a gift from the couple’s registry instead of trying to find a similar item at a lower-priced store.

“I would definitely recommend getting something from the registry. That’s what they need. The registry has been created for a reason. It’s like telling someone what you want for your birthday and them totally ignoring you,” Miles says.

Beth Bernstein, owner and event director at SQN Events, a premier wedding planning company in Chicago, agrees.

“If they’re registered for salad bowls, they would like those salad bowls. They don’t want other salad bowls from a different place. I would not go to a lower-priced store. I would just get fewer items off their registry that you can afford,” Bernstein says.

The idea is to make a gift special, even if your budget is smaller, she says.

“If you don’t have a big budget to give a wedding gift, a good idea is to donate to a charity that’s meaningful to a couple in their honor,” Bernstein says. “A donation is always appreciated.”

Most charities will send a card to the couple letting them know that a donation has been made in their honor, usually without disclosing the specific amount. This can help you feel comfortable staying within a limited budget.

Another alternative is to give a meaningful personal gift, such as a framed photo of the couple, a framed copy of their wedding invitation, a gift certificate to their favorite restaurant, or a contribution to their honeymoon registry. You can also give a gift card to the store where the couple is registered so they can buy items after their wedding. “They might still need two forks, but you might feel weird just getting them two sets of silverware,” Bernstein explains. “They can use [a gift card] for what they want after the wedding to fill in the holes.”

Of course, when budgeting for wedding season, there’s more than the wedding gift itself. The wedding gift usually amounts to 60 percent of the total gift expenditure, with 20 percent for the engagement present and 20 percent for the bridal shower, Miles says.

Plus, for out-of-town weddings, there’s also the cost of airfare and hotel. Make a list of all possible expenses, including all gifts, dress, shoes, hair, makeup, hotel, and airfare. Then figure out a total expenditure level that is right for you.

Whatever your gift to the couple is, Miles says, “It’s going to help them as newlyweds start a life together. They’re going to be thankful, regardless.”

A Chicago-based writer and editor, Eve Becker writes about personal finance, health and other topics. She is a former managing editor of Tribune Media Services.

The information contained in this blog post is designed to generally educate and inform visitors to the Equifax Finance Blog. The blog posts do not give, and should not be assumed to provide, personalized tax, investment, real estate, legal, retirement, credit, personal financial, or other professional advice. Before making any financial decision, you should always consult with the appropriate professionals who can explain your options, rights, and legal responsibilities, and advise you on any tax, legal, credit, or business implications that may result from those decisions. The views and opinions expressed by the authors of blog posts are their own views and may not be the views or opinions of Equifax, Inc. and/or its affiliates.

No comments yet

Leave a Comment

Name :

Commenting guidelines

We welcome your interest and participation on this forum, but be aware that comments will be published at Equifax's sole discretion. Please don't use this blog to submit questions or concerns about your Equifax credit report or raise customer service issues. Instead, you should contact Equifax directly for all such matters and any attempts to do so in this forum will be promptly re-directed.

Some other factors to consider when commenting:
  1. Registration and privacy. While no registration is required to visit our forum, participants wishing to post a message must register by creating an account. All personal information provided by forum members incident to registration is governed by our Terms of Use and Privacy Policy.
  2. All comments are anonymous. We'll delete your name, e-mail address, and any other identifying information, including details about your investments.
  3. We can't post or respond to every comment - As much as we'd like to, we can't post every comment, nor can we guarantee that we will respond to each individual message. All questions or comments about your Equifax credit report or similar customer service issues should be handled by contacting Equifax directly.
  4. Don't offer specific legal, tax or financial advice. All of the materials on this Site are for information, education, and noncommercial purposes only and this forum is not intended as a means of expressing views or ideas regarding any specific legal, tax, or investment advice. While offering general rules of thumb is both permitted and encouraged, recommending specific ideas or strategies regarding investments, taxes, and related matters is prohibited.
  5. Credit Repair. This blog is not intended as a venue for the discussion or exchange of ideas regarding credit repair or other strategies intended to assist visitors and community members improve or otherwise modify their credit histories, ratings or scores.
  6. Stay on topic. Your comment should be concise and pertain to the specific post in question.
  7. Be respectful of the community. The use of profanity, offensive language, spam, and personal attacks will not be tolerated and egregious or repeat offenders will be banned from future participation. We encourage disagreement and healthy debate, but please refrain from personal attacks on our WordPresss and contributors.
  8. Finally: Participation in this forum may be terminated by Equifax immediately and without notice for failure to comply with any guidelines or Terms of Use. As such, you should familiarize yourself with all pertinent requirements prior to submitting any response through the blog or otherwise. All opinions expressed in this forum are solely those of the individual submitting the comment, and don't necessarily represent the views of Equifax or its management.

Equifax maintains this interactive forum for education and information purposes in order to allow individuals to share their relevant knowledge and opinions with other members and visitors. We encourage you to participate in discussions about personal finance issues and other topics of interest to this community, but please read our commenting guidelines first. Equifax reserves the right to monitor postings to the forum and comments will be published at our discretion. Do you have questions or comments about your Equifax credit report or customer-service issues regarding an Equifax product? If so, please contact Equifax directly. All opinions and information expressed or shared in blog comments are solely those of the person submitting the comments, and don't necessarily represent the views of Equifax or its management.