How Much Do You Actually Need?
Congratulations! You’re engaged 🙂
Now it’s important not to let the excitement settle and you enjoy planning your wedding. Whether you have £100,000, £10,000 or £1,000 to spend, with careful organisation, smart budgeting and a few money-saving tricks (you will learn from The Event Bubble), you can have the wedding you always wanted.
Already know your budget? Use The Event Bubble Calculator to breakdown what you should spend on each item. This will keep you from going over budget, helping you save that money for your honeymoon, a new home or the baby fund!
If you need help deciding on your budget continue reading…
Deciding Your Budget
Deciding your budget is the most important step to planning your dream wedding. Here are some tips to establish your budget;
- Ask your parents if they’re planning to contribute to the cost of the wedding. If so, ask them to commit to a specific dollar amount, and then add up all the contributions to create your budget.
- Decide how much you two can contribute between now and the wedding. (43% of the couples we polled in the The Knot 2014 Real Weddings Study say they’re planning to contribute financially to their wedding.)
- Avoid using loans to finance your wedding. It’s really not a burden you will want to deal with when you get back from the honeymoon. Instead, you can use our money saving tips below to help you keep within your budget.
Top 10 Best Money Saving Tips To Make Your Dream Wedding A Reality Within Your Budget
It’s easy to get taken away in the excitement of planning a fairytale wedding. But spending too much could turn your “happily ever after” into agony ever after. Sticking to a wedding budget doesn’t mean you have to sacrifice your dream wedding. You can spend the money where it has the most value to you, and scale everything around those two or three things. Here are a few tricks the professional wedding planners use to save money when we’re executing weddings and events:
- Shorten Your Guest List:
Many of the expenses like catering, cocktails, invitations and favors are calculated per person. Trimming the guest list would help significantly reducing costs.
- Get Married On A Holiday:
Most of the venues offer discount on getting married on weekends or on special occasions.
- Hire Professionals:
Instead of putting your loved ones to work, look for ways to keep your costs down in each category. Hire a florist, hire a DJ, and hire a photographer. A planner can help you allocate your budget, negotiate contracts and secure the best prices.
- Have Your Reception At a Restaurant:
Getting married at a fancy restaurant is the most affordable option. You only have to buy only food and alcohol. The room, furniture, linens, lighting, beautiful decor, dishes, silverware, fancy display items, etc., are all included. So much cheaper than renting a space.
- Fake Your Wedding Cake:
Fondant and tiered cakes could be insanely expensive. Have a small cake or make some of the bottom tiers a facade (ice and decorate a Styrofoam wheel), and serve cut sheet cake pieces from the back.
- Buy From Big Off- Season Sales:
There are just sale holiday dresses, rather than bridesmaid’s dresses. You can save a ton of money on bridesmaid gifts.
- Wear a previously owned dress:
Buying a used wedding dress from online stores, that have people selling their stuff.Sell as much as you can after the wedding:
- Sell as much as you can after the wedding:
- Choose A Venue That Needs Less Décor:
It could to be an old Guard Armory or a Garden or some lawn renovated beautifully, which saves on decorating costs since the venue is so amazing.
- Take Help Offers:
Don’t be afraid to take guests up on their offers for services in exchange for a wedding gift. Ask the friends and family to please help on the day, take responsibility for something or join in with the bake-off instead of getting a present.
Above all, don’t let wedding planning get in the way of a happy marriage. Money is one of the number one reasons couples fight. Be very clear with each other about how much you have to spend and your future plans. Instead of putting your loved ones to work, look for ways to keep your costs down in each category.