Setting Up a Wedding Budget
The first step in planning for your wedding is (or should be) to make a budget. When making a budget, be realistic and handle your budget like you would handle your business budget. Spend only within your means and do whatever it takes, but DO NOT START YOUR NEW LIFE IN DEBT.
Some Things the Couples Should Think of Before planning a Budget:
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1. Take into consideration your families, are they small or large?
2. How many guests do you want to invite?
3. What type of wedding do you want to have? A simple wedding or a lavish one?
4. What do you want most for your wedding? – A 5-Tier Cake, a Chocolate Fountain, a Designer Dress, a Limousine?
Once you know what you want, start making the budget. Don’t forget to add taxes and gratuities to all the amounts.
Sample Budget Sheet:
Vendor Budget Actual Deposit Due Date Balance Due Date Florist $2000 $2350 $500 7/8 $1850 9/8 Caterer Venue Stationery
Average Breakdown of Expenses:
This is only a generalized breakdown. Your budget will reflect different services and prices according to your tastes and what you consider most important.
Reception – 40% Bride & Groom’s Attire – 5% Honeymoon – 15% Music – 4% Engagement Ring – 14% Flowers – 3% Photography – 9% Invitations – 2% Gifts & Favors – 1% Miscellaneous – 7%
Amazing Wedding Planning – Save 50%-80% of your entire wedding expense to have the exact same wedding without hiring a Wedding Planner!
]]> Related Links:
Ways to Have Inexpensive Honeymoons
Ways to Save Money on Guests Accommodations