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Wedding Planning Budget -Tips for Setting a Budget

Agree how much you have to spend ....

As a couple you may have very different ideas about the type of wedding you want and also about what you can afford. For example can you afford to emply a professional wedding planner ? It is clearly very important for you to talk about how much money will be involved before the wedding planning goes too far. Wedding planning budget worries can be one of the most frequent sources of disagreement between a couple during the planning of their wedding.

Getting together ....

It is also important that everyone else involved in the decision making process of the wedding understands just how much money is available. So the first tip for setting a budget and sticking to it is to sit down together to discuss and agree a budget well before the wedding planning starts for real.

You will need to allocate a specific amount of your overall wedding planning budget to each part of your wedding and it is impossible to do this if you have not agreed a total cost you can afford.

You may be in the very fortunate position where, as the bride, your parents are able and willing to pay for the wedding but that is not very often the case these days. This is usually because parents are not in a financial position to do this and also many young couples are more independent and want to design and organize their own wedding. It is now more common for parents to either pay for or contribute to the cost of the honeymoon.

Saving ....

Start saving early for your wedding. Putting aside a set amount of each paycheck can add up to a sizable figure that can be used towards your budget. This advanced planning and saving will allow you to maximize the weddng planning budget that is available to you for your wedding.

Once you have agreed an overall wedding planning budget agree to get together again in a few days and run through it again. Wedding Planning Budget - CenterpieceThis will give everyone involved time to consider any commitments they have made and the opportunity to verify that they understand and agree to the budget. This is important because if someone does not completely understand the budget, they may overspend in one area leaving the budget in jeopardy.

Who is paying for what ....

When agreeing your wedding planning budget it is also important to be clear about who will be paying for what. For example, if the groom’s family offers to pay for the centerpieces and you choose to let them, this will allow you to divert your previously designated centerpiece budget to other aspects of the wedding. The key to sticking to your wedding budget is to be aware of who has agreed to pay for what and when.

After an overall wedding planning budget is established it is important to divide the total amount appropriately to establish  individual budgets for items such as:

v       Wedding Rings

v       Wedding Bridal dress and accessories

v       Bridesmaid’s dresses and accessories

v       Bride Groom’s attire

v       Wedding Flowers

v       Wedding Transportation

v       Wedding Reception – food and drink – favors – table centerpieces

v       Entertainment

v       Wedding Photography - video

v       Gifts for the wedding party and each other

v       Honeymoon

It is also important to partition a small amount of money for incidentals to account for small unexpected expenses.

Wedding Planning Checklist

 

Planning a Wedding : Wedding Planner : Wedding Location : Wedding Dress : Bridesmaid’s Dresses : Wedding Invitation : Wedding Rings : Wedding Photographer :  Wedding Flowers : Wedding Caterer : Wedding Transportation : Wedding Music : Wedding Decorations : The Best Man : Planning for Guests : Catholic Wedding.

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