Budgeting for your wedding
You’ve dreamt about a big wedding for years, then reality hits – the price. But you can still have the wedding you want and not spend years paying it off.
Here are a few hints to help you plan.
- Use a savings budget planner for your wedding to work out how much each item will cost and how you plan to save for it. Ask yourself a few questions (and be realistic in your answers).
- Do we want a big wedding or a small, no-frills ceremony?
- Where would we like to hold the wedding and the reception?
- Will we be using our own cars for the wedding party or hiring them?
- How many guests will we invite?
- Will we have a photographer?
- How many attendants will we have, if any?
- Do we want a three-course sit down dinner or a cocktail style function?
- What kind of flowers would we like?
- Do we want a DJ?
- Use your networks – do you know a photographer or make up artist? Asking someone you know to help out could save you hundreds of dollars.
- Think carefully about your guest list and cut back if you can.
- Make your own wedding arrangements – don’t use an expensive wedding planner.
- Consider a cocktail function instead of a formal sit down dinner.
- Make you own bonbonniere – it’s a lot cheaper and more personal.
- Start saving as soon as possible. Think about opening a high interest savings account where you can earn bonus interest if you make a deposit and no withdrawals in a month.
General wedding planning sites that you might find of interest: