How to Create A Wedding Budget
Planning a wedding introduces a lot of new stressors to your life. It requires balancing an immense amount of relationships, your sanity and your financials. Most importantly, no matter what your wedding budget ends up being, it will require a lot of honesty. With all of that in mind, here’s a simple way to approach a complex question.
Research what you want
What you see in wedding magazines are large budget weddings, i’m talking $150,000 weddings. This representation of a wedding can easily dupe people into thinking the exact same thing is attainable with their smaller budget. Research what you initially envision for your wedding day and the basic costs for the photographers you’re looking at and rental spaces. That will give you a ball park of how much you should expect to spend if you were to get everything you wanted. Make sure to be aware of hidden costs, a good chunk of which are included in our hidden expenses freebie!
Communicate with your family members
Be honest with your family members. You do not need to ask them for money, but do mention that you will be having a conversation about wedding budget soon and want to make sure all things are accounted for so that you can be as responsible about your budget as possible. This will give them the chance to mention what they are willing to contribute or gift to you for budgeting purposes.
Sit Down and Crunch Numbers
Now, more than ever, couples are contributing more and more of their own money to their wedding budget. If this is what you want to do or what you have to do, sit down and have an honest conversation about financials. How much can you realistically contribute right now? How much can you save in the coming months? Or what will you have to cut from your wedding to be responsible with your budget?
Once you have an idea of what your dream wedding will cost, be realistic about if it’s a need or a want. If you’re having trouble, take a look at these easy ways you can cut down costs to make your dream wedding a success!