When working with couple’s one thing we frequently notice is that the biggest concern they have is their budget; how much it should be, when to save, when to splurge, etc. We can totally understand the hesitancy as weddings are not cheap! It can be stressful determining how much to spend, but even if your budget is on the lower side, you don’t have to settle for less than your perfect dream wedding. Having a smaller budget just means you need to be a little smarter with your funds. We’ve put together some of the biggest Wedding Budgeting Do’s & Don’ts and some tips on where you should save and where you should splurge when it comes to allocating your funds.
Do’s & Don’ts
DO: Talk about it
Before finalizing your budget, make sure that you communicate with everyone who will be contributing so that everyone is on the same page from the get go. This will save you (and your contributors) a lot of headaches later on.
DO: Break it down
After finalizing your overall wedding budget, it’s important to start thinking about how you will allocate all of your funds. Discussing what is important to you vs. what you could do without will help you determine what percentage of your budget should be put towards each vendor.
DON’T: Assume others will contribute
Assumptions can cause a lot of anxiety later down the line, especially when it comes to paying for your wedding. Be clear and direct with those who may be contributing to your budget and don’t put down any deposits or sign any contracts without knowing 100% what your overall budget will be, contributions and all!
DO: Ask lots of questions
When selecting your vendors be sure you ask them a lot of questions. Make sure you understand what is included in your package, if there are any hidden fees, or if there are any additional items that could tack on to the overall cost.
Where to Splurge
Don’t skimp on the photographer! While you may not be able to afford your dream photographer, you shouldn’t settle for much less. After your wedding day is over, you’ll be looking at these photos for years to come and you want to really love your photographs. This is not to say that a “budget” photographer will bring you sub-par photos, but be realistic when determining your photography budget.
One of your biggest expenses will be your wedding venue. Save costs by having the ceremony and reception in the same location, but choose a place you love that will set the mood for your big day! By choosing the right venue, you could turn around and save costs on your decor and rentals depending on what is included in the package.
You’ll notice that most of our “splurge” items have to do with creating the perfect setting. Choosing a good DJ is crucial to creating the right atmosphere for your day. Read reviews before booking and make sure they come highly recommended. It’s hard to save a reception with a bad DJ, so go ahead and splurge!
Where to Save:
Skip the Saturday
Many venues charge a much lower price to have your wedding on a Friday or Sunday and we’ve been noticing a trend of Friday weddings recently. Always check with your immediate family and important guests before booking, but you can really save on your costs if you don’t nail yourself down to having a Saturday wedding.
If all of your bills are starting to add up and you’re worried about accommodating all of your wedding expenses, consider lowering the guest count. This will not only save on food/beverage costs the day of, it will also shave off some money from Invitations, Favors, Save the Dates, etc.
Opt for a simpler menu to save on food costs. Try two courses instead of three, serve family style, or even go for a buffet-style if your event is more casual. Simplifying your menu will help your cost-per-guest decrease drastically!