Do you solemnly swear to make a wedding budget, honour it, be true to it in good times and bad, in sickness and in health from this day forward?
The biggest day of your life could cost more than you think. I’m talking your Wedding Budget!
When starting to plan your wedding, it is so much fun to jump into picking out colours, ask your best friends to be by your side, and go crazy with your wedding Pinterest board. Next, you tour some locations and before you know it, you’re signing on the dotted line and paying a deposit for a reception venue.
All of this sounds great, and you’re making some real progress, until you meet with the caterer and get the estimate. And then you look into the prices of the alcohol packages from the venue and suddenly the numbers aren’t quite in line with what you thought they’d be. You go to book a photographer …. and it’s how much for 8 hours?
Most couples will underestimate the cost of a wedding. And why not? You’ve never done anything like this before!
Recently I worked with an excited soon-to-be-married couple to help plan their wedding. These two lovebirds were so eager to start planning their big day without the slightest idea of how much to spend on what. When I threw the first question of how much their budget was, they looked at each other and then looked at me with a blank look on their face. That is usually the response I get and it’s one of the reasons why I totally geek out on this.
I want to help people create a wedding they love WITHOUT the “OMG, how are we going to pay this off?!”
So, why exactly is it so important to create a wedding budget before proceeding with the wedding preparation? You need to figure out how much you have to spend on your wedding.
There are a LOT of parts that go into the day, and costs add up quicker than most couples anticipate. This is why having a budget from the start is so important. There is nothing worse than paying a deposit on a venue you’ve fallen in love with only to figure out that now you’ll end up spending thousands more than you wanted total. Or to find and tour the perfect place only to realize that there’s no way it’s within your budget limits.
Sit down with your partner and families and figure out how much money you are ready, willing and comfortable spending on your wedding.
The summation of all that you, your partner and every other person are willing or ready to spend on your wedding gives you the budget, which is how much funds you will be spending on your special event. When you know how much you want to spend on every different aspect of the wedding day, you’ll find searching for venues and vendors to be a lot more streamlined and you set yourself up with options you can be excited about.