Your wedding day is the biggest day of your life, but is also one of the most expensive. From the ceremony itself to the food, drinks and decor, it can soon rack up. It can be hard to find a balance with your wedding as you want it to be amazing but you also don’t want to end up losing all your money over it. This is why it’s important to be savvy with your planning and get something in place as soon as possible. The most organized you are and the more time you give yourselves to save, the better financial position you will be in going forward. If you are planning a wedding or have recently got engaged and don’t know where to begin, here are some top financial tips for planning a wedding.
See what things you can do yourself
When it comes to planning a wedding it’s easy to just give up the reins to someone else, but there is a lot you could do yourself. For example, check out Pinterest or blogs to find things such as centrepieces that you like the look of. You can then find the bits to make these yourself, saving a lot of money on paying a professional. You could also write your own table place names or do your own hair and makeup.
Don’t get wrapped up in the big wedding hype
As soon as companies hear the word “wedding” they add more money to the quote and it’s easy to get wrapped up in this. You are often oversold things such as a more fancy dance floor or chair sashes, but consider how much of a difference they will actually make to your day. In the long run, you won’t even remember these items, so try and keep focused on the things that actually matter and invest in these instead.
Set a budget and stick to it
When you begin your wedding planning, set a budget that you can both afford and try to stick to this. Put aside funds for each aspect of the day such as your dress, the groom’s suits, the venue, dinner and drinks, as well as a pot for the other unexpected costs that crop up on the way. This way you won’t find yourself drowning in unexpected costs and if something does crop up, you have the funds to pay for it. If you’re finding it difficult, you could look into payday loans to help you save money in the long run.
Play around with the wedding dates
The dates and days you get married on can have a big impact on the price. Getting married on a Saturday or a Friday tends to be a lot more expensive than opting for a weekday. Winter is also cheaper than summer, so if you aren’t fussed about being outside too much, a winter wedding could be a good choice.
These are just a few top financial tips for planning a wedding. By following these you can save some money and still have the day you’ve always dreamt of. Remember to always keep in mind the end goal that you are getting married and try not to get too bogged down by all the small things.