Wedding Budget: Why it’s important

Planning a wedding can be stressful, but if you don’t have awedding budget set it, it can be a nightmare.  Setting a budget is important!  Unless you have a money tree to pay for your wedding, you need to take the time a make a budget.  Here are a few ways to get you started:

  1. Figure out who is paying for it.  Is it one person? You? Mom/Dad? Sitting down with everyone involved with the money is smart, that way everyone is on the same page.  Money can be the evil of your wedding and cause arguments if not delegated and designated from the beginning.  Dad might think your dress is going to cost $500, but when you get there it’s actually costing $1500.  Get the picture?
  2. Who is making the final decisions on what the budget is spent on?  If Dad is paying for everything, does he get final say on that $1500 dress?  Or do you?  You will need wiggle room.  Maybe striking a deal with dad that you will cut in other parts of the budget to get your dream dress, might soften the blow of sticker shock.
  3. Is your budget firm, a little flexible or not firm at all...  This is important.  If you know that you really won’t budge on flowers, the photographer, the cake, the venue, etc., then you need to to know if you will run out of money.  Going all out in the early stages of planning, will leave the other parts skimpy.  You may have the best dress in the best venue but, when you get back the photos from your 30 boxes of disposable cameras of the cake your Mom made and pictures of you and your bridesmaids holding flowers you bought at Wal-Mart, will you be happy?  If so, then go for it.  Hey, at least you looked good!  But if you budget correctly, you won’t have to worry about this.  If you are able to hire a wedding planner, they will help you stick to your budget whicle keeping your priorities in mind.
  4. What is the most important to you (pick 2-3 things)  So let’s face it, the whole thing needs to perfect right?  Right!  When setting your budget, you beed to know what is important to you.  Like I mentioned above, knowing you can give up the fondant for buttercream so you can get that dress, is important.  For me, The photographer was the most important. I didn’t need flowers everywhere, I didn’t need a big fancy cake.  Actually, my cake very simple, I even supplied the riccon to  go around the cake.
  5. Stick to it.  Ok, so you set a budget.  Now, stick it.  In 5 years would you rather have that extra $2,000 in the bank or will you happy that you spend an additional $2,000 on that DJ with the fancy lights?  You have to ask yourself, when on a budget, will it make that much of a difference?  Will I notice, will my guests notice?  Most likely the answer is no.  If you will notice, then maube you should rework your budget.
  6. If you find you might not have enough, start saving now!  You’ll be surprised how fast it will add up.  Saving $50/paycheck could be just enough to get the accessories you want or enough to pay for gratuities (something usually overlooked).

Seems like a lot, I know.  That is one of the reasons couples add a wedding planner into their budget.

What are the 2-3 most important things to you, when it comes to your wedding?  Comment below!

 

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