We have offered a variety of tips on our wedding blog concerning the importance of setting up a reasonable budget before you begin the planning process. Since the cost of a wedding is likely to be one of your greatest challenges, we endeavor to offer couples tips on setting a reasonable budget.
Wedding planning can get pretty expensive and frustrating if you don’t have a set budget. Expect some unpleasant financial surprises along the way and assess your wedding budget to make sure it caters for these expenses.
Below are five things that you need to keep in mind when setting up a wedding budget.
- Agree on the cost of the wedding as a couple
First things first, you need to be on the same page as far as the cost of the wedding is concern. Set a figure that both of you are comfortable spending so that you don’t end up in debt when you come back from your honeymoon. In fact, you need to set a fixed amount so that your wedding costs can be adjusted to blend with this figure. The earlier you talk about the cost of your wedding, the better of you will be.
- Get quotes from different vendors
Assuming that you started planning your wedding early enough, you need to visit as many vendors as possible and get several quotes. You need to compare the prices that they have to offer. However, don’t always go for the lowest bidder. Focus on getting quality wedding services offered at reasonable rates.
- Consider some DIYs
To save on wedding costs, consider taking care of certain items like designing centerpieces for the wedding venue and other tasks. If you have relatives or friends who can offer services like photography and catering, this can help you to cut down on costs. Look for ways to get quality services at friendly fees.
- Start saving early
Your wedding budget should be reasonable. You need to start saving for the money as early as possible. In fact, you can open a wedding account months before the wedding date to ensure you meet your target figure. You can also set up a committee and invite your friends and family members to contribute for your wedding planning.
- Be Flexible
It is important to control your wedding costs as much as possible. You can do this by going for cost cutting measures even though they were not initially what you planned for. For instance, you can reduce the tiers of your wedding cake but maintain the same design in order to cut down on costs.
- Smart shopping
Most importantly, shop wisely or else you’ll end up spending more than what you budgeted for. This is critical advice especially for brides. If you know you can’t afford a certain wedding gown since it’s way beyond your budget, don’t consider fitting it. You may end up falling for the dress which you can’t afford and stretching your wedding budget even further. It’s best to stick to what’s within your budget. After all, an expensive wedding doesn’t guarantee a happy marriage.