The scariest part about getting married for me is paying for it. Long gone are the days where the bride’s parents pay for the whole sha-bang! It’s just not realistic with today’s world and can put a huge strain on the wedding process. Many couples are opting to wait 2- 3 years before having the wedding of their dreams.
When the time came to have a conversation with my fiance regarding wedding money, I did not really know how to go about it. I’ve always been a bridesmaid so I never paid attention to the actual wedding costs. The two of us were completely clueless on how we were going to come up with a budget. After some research and a little bit of trial and error we had a game plan. Here are some ways that can help with figuring out how to make your budget and keep it going.
Making the Budget:
- Talk to your family about possible contributions. Whether you believe they would be willing or able to help or not; ASK anyway. You never know what they are happy to contribute towards (ie: limo, flowers or even the wedding gown).
- $ave! $ave! $ave! Sit down with your fiancé and discuss how much each of you are comfortable with putting aside every pay check. Add up the numbers all the way until the wedding day as well as any family contributions. There is your budget. Family Contributions + Bi-weekly or weekly Savings= Budget. This will also help you from feeling like you won’t ever be able to do activities or hang out with your friends again. You may need to cut back but overall you can still have a life!
- Save your credit cards for last-minute expenses like the rehearsal dinner and wedding gifts that can be repaid after your wedding if needed.
How to Stick to your Budget:
- Open a savings account separate from your personal savings. I use an online savings account that way I am not tempted to withdrawal money. When I do need to make payments to my vendors, I can just link it with my personal checking and make deposits and withdrawals. The process will take about 3 days so schedule ahead.
- Know your limits! Having a budget ahead of time before going vendor shopping is key. You will then know whether or not you can afford a particular vendor. It will also keep you on your toes and away from the add-on station like an Ice cream bar or up-lighting if you know it’s not in the budget. Going in blindsided will only cause you more stress trying to find ways to come up with the cash later on.
- Organize your vendor due dates with a calendar or a wedding app. I write down every vendor deposit and balance owed with the date attached to ensure that I will not be late and/or have saved enough money beforehand. If you know that your florist doesn’t need to be paid until the day of the wedding but your photographer needs to be paid in full 2 weeks before, make sure you are saving enough to cover the cost of your photographer before your florist.
- Make sure all purchases are made with your wedding money. This will keep you from making impulse purchases on your credit cards.
These are the ways I found really helped my fiance and I. I hope that some of these tips will help guide you toward your wedding process no matter what budget you are working with.
Do any of you know any other tips or tricks to sticking with a wedding budget? Let me know in the comments below.
Until next time…
Photo credit: google