The Wedding Affair Perfect Planning Guide: The “B” Word…
Let’s Talk About Your Budget
Hello loves, I hope the week is treating you well so far. Ahem, apart from the appalling weather!
Today, as part of The Wedding Affair Perfect Planning Guide we’re talking all things budget related. Yep, not the most glamorous topic, buuut someone has to talk about it, right?
It’s the word that probably makes you feel slightly nauseous, perhaps anxious and well, just a word that just about everyone hates to use. However, not only is it an essential word, but in order to enjoy your wedding and ensure that it doesn’t put you in debt, a budget is a huge MUST.
So, before you start viewing venues, sampling delicious delicacy and floating around in dresses your budget plan should be at the top of the list – no matter how dull it may sound. For most couples, a wedding is the first time you’ll ever have to think about planning a huge event, let alone creating a wedding budget. This means that lot’s of people will start in a similar way, no matter whether you are spending £2,000 or £200,000…
What sort of wedding do you want to have?
This may be the one part of the planning that you have already hit the nail on the head with. For some, they may have dreamt about the dream day since they were teeny-tiny, for others, it may be a little harder to figure out the ‘type’ of wedding that they would like. It’s time to start dreaming…
Do you and your partner want a Michelin meal for 2, an intimate Italian break, or a huge party with all of your friends and family? There are so many different ways to do a wedding, and we completely understand that each and every couple is unique. However, when you’re visioning the wedding you would like to have don’t dwell over the tiny details, this could leave you confused and a little overwhelmed. Remember, this is just the start of working out your budget.
Who’s paying? All things money…
Gone are the days of the bride’s father footing the bill (although, you may still choose to go down that traditional route). Instead, you first need to establish where the money’s coming from; are your family wishing to contribute? Do you have savings put away, can you save? Will your partner be putting up the funds? Working out the source of your budget will ultimately determine how much there is to spend.
Sit down with your partner and figure out how much money you are ready, willing, and comfortable spending on your wedding between the pair of you. If other people are going to be contributing financially to your wedding, then this is the key time to discuss with them what and how they will be helping (if they are, at all). Will they be paying for the gown, or perhaps just giving you a contribution to the overall day. Either way, it’s essential that you know all of this before splashing out. It’s not an easy conversation to have, but in the grand scheme of things it will help you hugely when it comes to your budget.
Next up, do your research
Do you know the sort of costs you can expect to pay? Many couples are unfamiliar with the fees that wedding suppliers charge – justifiably so, as they’re the experts in their field and seasoned professionals. Do your research to give you a clearer idea of what sort of fees to expect to pay for your perfect venue, professional photographer, or dream florist.
Prioritise what money you have into categories where you will allow yourself a certain amount. Having this short list of priorities is just a good idea so that you can focus a little more money, or time, or energy, on the things that are most important to the two of you. The Wedding Affair recommend making these lists separately and then sitting down together—you don’t want to be tempted to write down the same things your partner wrote down; it’s better to have an honest idea of your priorities!
If your original plans and your numbers don’t match after doing some quick research, take some time to re-evaluate. Can you spend more money to make your ideal wedding happen? (And more importantly, do you want to?) Can you change the type of venue or overall look and feel of your wedding to make it fit your budget? Can you DIY or even compromise some elements to save? While there are always ways to save money, if your budget and your vision are in direct contradiction, you have to find ways to level out the plan.
A note on DIY: Making elements of your wedding is a great way to add your personal touch to things, especially when you can’t get your desired look anywhere else. But it doesn’t always save money or time. So be realistic about what you want to DIY, and don’t fall into the trap of setting yourself up for hours of crafting if you don’t have the time. It’s not worth it.
Getting your budget in place early on will mean a start to married life free from debt and financial worries, and allow you to plan your dream wedding day to suit you and your budget. As we mentioned earlier, it’s not the most glamorous topic. However, it’s an essential and will mean you can enjoy your wedding a whole lot more with one in plan.
Do you have any other budgeting advice to share with our engaged couples here on The Wedding Affair? We’d love you to comment below, or get in touch via Twitter this evening, 9-10pm. Simply type in #weddinghour and let us know your opinions on budget planning.
Other than that #weddinghour is a great place to shout about your engagement, business, talk all things wedding and undeniably pretty things. We’d love to see you there!