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The Majority of Gen Z Are Ready to Get Married Without Parental Financial Help

Marriage is not only a sacred moment, but also a grand planning that involves various aspects ranging from mental readiness to financial management. Changes in lifestyle and views between generations also affect how brides/grooms-to-be prepare for their special day.

Jakpat conducted a survey of 907 single respondents and found various interesting findings related to their wedding preparations and plans. As many as 43% of respondents plan to get married in the near future while 45% are still unsure. However, Millennials look more certain, with 28% of them planning to get married next year.

Preparation Before Marriage

Three out of five respondents plan to participate in premarital learning. Of the different types of learning, 71% prioritized mental and emotional readiness, followed by understanding roles and responsibilities as a couple (63%).

The majority of respondents also discuss important topics with their spouse before marriage, ranging from finances (76%), where to live (68%), to the division of household roles (67%).

In addition, factors considered most important in preparing for marriage include financial readiness (76%), mental and emotional readiness (74%), and post-marriage life plans (72%).

Types of Weddings

As many as 45% of respondents chose the concept of simple marriage. Interestingly, more Gen Z (23%) want a traditional wedding than Millennials (15%). This shows that the younger generation still has attention to customs in marriage.

“Among Gen Z and Millennials, the tendency to celebrate weddings has become more modest, but family culture keeps some people celebrating it in a more traditional way. So, various wedding brands (vendors, decorations, wedding rings, and others) can emphasize products or services that can be customized combining traditional and simple concepts,” said Septiana Widi Sugiastuti, Research Lead at Jakpat.

In terms of the number of invitations, 1 in 4 respondents chose to invite 51–100 people. Intimate weddings with fewer than 50 guests are more popular with Millennials (23%) than Gen Z (10%).

Budget Planning

Most brides-to-be plan to get married without financial support from their parents. As many as 45% will use personal savings, with the majority of men (67%) choosing this option. In contrast to women, 57% of them tend to use savings with their partner.

Regarding wedding costs, 41% of respondents consider the ideal budget to be in the range of IDR 50-100 million. Meanwhile, another 32% view that the cost of the wedding can be below IDR 50 million.

If they have more funds, most respondents prioritize allocations for long-term investments (74%), residential savings (70%), and business capital (68%). The choice to hold a luxury wedding party was only taken by 13% of respondents.