Wedding Budget & Money Savings Tips

You can have your dream wedding... it just takes some budgeting!

The wedding budget is often the most stressful part of wedding planning, but it doesn’t have to be. Don’t make the mistake of thinking some pre-wedding accounting isn’t for you. Whether you are on a tight budget or shooting for the stars, it’s smart to come up with a definitive financing plan.

With a budget in place you’ll feel organized, less stressed and stay on task without going “Wedding Broke”.

Follow these six steps in creating your wedding budget.

  • Count your cash - Be realistic, do your research to determine the kind of wedding you want.

  • Have the wedding budget talk - With all monetary contributing parties

  • Prioritize - as a couple you need to determine what wedding elements are most important to you, like catering, entertainment, decor, etc.

  • Track your spending - record it all even, beauty treatments

  • Prep for Surprises - add a bit of cushion for flexibility to handle any surprise

  • Decide what is non-negotiable - This is usually your top three must-have wedding elements, no matter if they are practical or completely frivolous. (Each pick one wedding element and compromise on the third wedding element)

The budget is set, but here are some saving tips that can save you money without sacrificing an ounce of style. These 10 tips go beyond shopping early and following vendors on social media for deals.

Ten Wedding Saving Tips

  1. Limit your guest list - This will affect most of your costs (less to feed, decorate, smaller space and so on

  2. Ceremony and Reception - held in the same place, in a park

  3. Timing - Off Season, Brunch wedding

  4. Smaller bridal parties

  5. Bar options and Meal options - House brands vs. premium Brands, only serve from the bar, buffet and stations vs. plated meals and stay away from hard to prep foods

  6. Flowers/Decor - Reuse ceremony flowers for the reception and use in season flowers

  7. 7. Shop venues - Location city vs suburbs, nontraditional venues

  8. Stationery - Use a website & Rsvp online, Address your envelope, Print programs and name card per couple instead of per guest

  9. Longer engagement period - extending you engagement just gives you more time to save and pay in cash

  10. Go with a DJ instead of a band

There are so many other ways to save money on your wedding day. With that being said, if you are feeling overwhelmed, hire a planner. A planner adds a lot of value by creating realistic budgets for clients they know the industry, prevent overspending and keep you both on track.

Saving Money by Hiring a Planner

  • Budget template and checklists

  • Cost saving tips

  • Navigating and negotiating contracts

  • Avoid last minute surprise costs

Article by Jen Lawn - JL Original Designs