Is wealth really important for a wedding?

When it comes to weddings, is spending a lot of money really the most important thing about the big day?

Chelsea Clinton and her boyfriend Marc Mezvinsky have announced that they are to tie the knot.

The 29-year-old daughter of Bill and Hilary Clinton became friends with Marc when they studied at Standford University together and have now officially revealed that they will be sending out wedding invitations.

A group email was sent to friends before they publicly announced their decision.

"We didn't get married this past summer despite the stories to the contrary, but we are looking toward next summer and hope you all will be there to celebrate with us. Happy Holidays! Chelsea & Marc," it read.

With Chelsea working for a hedge fund, Marc employed by Goldman Sachs and the bride's parents earning millions of dollars from biographies and speeches, there is likely to be no expense spared for the celebration.

I am starting to wonder how important cash is when it comes to wedding planning.

Although some can undoubtedly afford to go all out to make their day as extravagant as possible, most people will have to stick to a budget.

However, they still enjoy their day just as much, even without all the fancy trimmings, gourmet food and over-the-top transport.

Would you rather tie the knot on a small budget to be married sooner, or would you prefer to save up and have a really extravagant wedding somewhere down the line?