How are the wedding plans coming along? Did you take advantage of Black Friday sales to hunt down great bargains for your wedding?
This week, I read a few helpful articles that really brought to mind the importance of wedding budgeting. I’d love to share them with you.
- Kiesa & Vlad shared their experience keeping to their wedding budget. There were some hard decisions to make and some non-negotiables to work around, but they did it.
- Chamise & Darren had an elegant wedding earlier this year. They gave a detailed breakdown of their budget and had some awesome tips on cutting down some costs.
- Wedding Questions and Personalized Favours came out with good reads on wedding budgets this week.
- Wedding Guides and Rustic Wedding Chic offered some suggestions on doing your hair, make-up, and flowers on a budget.
- Ever After Guide and A Bride On A Budget had some wonderful DIY ideas.
I cannot stress enough how important it is to keep lines of communication flowing between a couple planning a wedding.
And I’m talking about two-way communication here. Updating your spouse on what cake you ordered doesn’t count as two-ways.
Planning a wedding can be a high-stress activity and is a common source of arguments between couples.
Most of those arguments begin due to lack of communication or miscommunication. And most of the arguments are about wedding expenses.
Sit down with your other half. Identify each other’s non-negotiables. Strategize together. Keep each other grounded.
Remember: You are starting a new life together. The wedding, though a significant day, is but the first of many.
So you made your initial cost calculations and found it to be way over your expectations. That scenario is so common, it’s practically mandatory.
Now, you need to find ways to cut your expenses down to something affordable.
Sit with your other half and decide on the three most important must-haves for your wedding. Once you have done that, it is time to cut things into everything else.
This is often the hardest part of wedding planning. This is the time when your dreams meet reality.
It is when you realize that a big wedding didn’t make your Top 3 and you need to cut your guest list. The time to face up to the fact that you might not be able to afford that destination wedding after all. When you decide to give up a live band so that you can get that beautiful venue instead.
It’s harsh. It hurts. But it’s necessary.
Start Planning Ahead Of Time
Always plan your wedding as far ahead of time as possible.
The later you start planning, the less options you have. Venues get snapped up. Bands get booked. Dress sales end.
The earlier you make your budget, the earlier you can start arranging your wedding. The earlier you do that, the more options you have. The more options you have, the more/better prices that are available.
Sticking to a budget is easier when you get to choose the vendors with the best value.
Keep A Floating Sum
When making a budget for your wedding, try to keep about a 5% to 10% additional sum available.
Weddings are notorious for sudden and unforeseen expenses. Most of these unexpected expenses are unavoidable.
Smart couples ensure that they have something extra set aside to cover these surprises.
It also helps keep some pressure down knowing that you can afford to throw a bit of money to make a minor last-minute wedding emergency go away.
And if you don’t use that floating sum in the end, you could add it to your honeymoon budget.
Take a look at your budget and figure out how important it is for something to be done by a full-time professional.
You might be surprised at how many things you are willing to have a really good freelancer do in exchange for a far lower price.
Go for a make-over at the mall. If you like what the make-up artist did, ask her if she would like to earn a little extra cash and do your make-up for your wedding.
Do your flowers really need to come from a florist? The flowers at the supermarket are still flowers.
Make use of the innumerable DIY projects from the internet to create your own decorations on the cheap. The more you can save on decorations, the more you can spend on more important priorities.
Sticking to a budget is not easy on a normal day. Successfully meeting a wedding budget is an achievement to take pride in.
Do you have any tips on how to stick to a wedding budget? We’d love to hear it.