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How To Budget For Your Wedding

How to budget for your wedding

So, you’re now officially engaged and you’ve had your party to celebrate, it can only mean one thing. It’s time to get planning.

First things first, the most important thing to do is set your overall budget for the wedding. It’s completely normal for this to change slightly throughout the wedding planning process, which is why we recommend to always set your budget slightly under what you will be able to afford and aim to spend, so that you have last minute, emergency funds available to use should you need to!

I know, talking money and budgeting is not the most exciting part of the wedding planning process, but it will help you to organise your money so that you know exactly how much you can spend on those dreamy Manolo’s you’ve desired for so long. It will also help to prevent those essential last minute purchases that end up going on the credit card you definitely don’t want or need.

It is very easy to make the mistake of budgeting for your big day based on what you would like, rather than what you can afford. By doing this you may end up entering married life with debt and worry, rather than being able to enjoy it. Remember, no matter the size of your budget, you can still have your dream day!

We have put together some useful information below detailing the main areas which often take up a large percentage of your overall budget, so that you are able to organise your spending accordingly and make sure that you can actually afford that beautiful Monique Lhuillier gown you have always dreamt of walking down the aisle in.

We suggest that you start your wedding planning process by obtaining quotes for each area below and then work out if it will fit within your budget.

Whilst every wedding is unique, and every Bride and Groom will have their own ideas of how they wish to spend their hard earned cash, it gives you a rough idea to give you a head start.

- Insurance

- The Ceremony

- The Reception Venue (inclusive of catering)

- Reception Décor

- Wedding Cake

- Entertainment (consider a live band or DJ- maybe even both!)

- Photography and Videography

- Flowers

- Transport

- Stationery

- Wedding Rings

- The Dress

- Beauty

- Groom’s Outfit

- Bridal Party Outfits (for example the Bridesmaids, Ushers, Groomsmen, Page boy, Flower girl)

- Stag and Hen Nights

- Honeymoon 

We would suggest that you start your wedding planning process by obtaining quotes for each area above, and then work out how much of your budget you will have left for the rest of the wedding.

By obtaining quotes from suppliers and budgeting your finances before making any commitments, you should be able to figure out whether your dream wedding will come in on budget, over budget, or under budget. It will ultimately help you to understand where you should save, and where you can splurge!