Between the cost of your gown, the ceremony, the reception, and engagement rings, it’s hardly surprising to learn the average wedding typically costs up to $36,000.
Getting married can be an expensive business, but with a little planning and financial savvy, you can ensure you get the most bang for your hard-earned buck.
1. Try to plan in advance. Hire a good planner to help you with the logistics of planning your wedding, most important make sure you hire a planner who can help you budget and find great deals. If you hire a planner early enough, your planner can assist on finding the location of your venue with affordable pricing and vendors who are willing to work with you due to the relationship they’ve built with the wedding planner.
2. Stay on top of all your wedding expenses by creating a comprehensive budget based on your monthly income and fixed bills (bills, regular expenses etc).
3. Of course, stick to that budget!
4. Online budget planners are fantastic for helping you identify your costs and for helping you keep track of your spending. Easy Weddings’ popular Budget Calculator is free and contains a snazzy mobile version of the Budget Calculator allowing you to keep track of your wedding-related finances on the go.
Budgets work best if the couple is disciplined and consistent in their saving and spending. Of course, that’s easier said than done, especially today when so many couples want things that are outside of their budget.
“Have a budget, be disciplined and stick to it. Don’t over-capitalize”
Whichever path you choose, it’s about using your money as wisely as possible and getting the most bangs for your buck.
Over all, wedding planning is awesome and fun if you have the right team on your side. Remember, keep your budget in tack, be discipline, hire a great wedding planner, and just be creative!
Stay tuned for our Do’s and Dont’s…