How To Plan Your Wedding Budget

Weddings… It’s considered one of the best and most important days of your life, but it’s also the most expensive. The wedding industry is a lucrative one, and while you could spend all of your life’s savings and more making your day perfect, it’s important not to go overboard. You don’t want to spend your first years of married life up to your eyes in debt, so making a wedding budget is important.

But how do you decide on your wedding budget? With so many things to take into consideration, you’ll want to set some prioritise and help you plan your special day. Take a look at the following to help you plan your wedding budget.

Work out what you can afford

Doing some research before you start making any plans will help you to work out what you can afford. Start getting quotes for venues, wedding attire, entertainment, etc. Look up what the average wedding costs to help you start gathering information. Look at your own finances, what you can afford to save as well as any help you might receive from relatives.

Work out your priorities

It’s easy to overspend on all kinds of wedding bits. But working out what the most important elements are will help you to prioritise. If the dress or your photography are the most important things to you, don’t be afraid to spend more – but you’ll need to save in other places. Having a band can be the highlight of your wedding day, and this site will help you find some options in your area. Speak to your partner and discuss what you want your ideal day should look like and focus on the things that will make you happiest.

Try and save money

There are plenty of ways you can save money on your wedding costs. Keeping a money diary can help you to work out the areas that you can cut back on to help you save more money for your wedding. There are also plenty of ways to save on the day itself. Looking at venues that will let you bring your own drink, looking at second-hand items and making the most of discount codes can all help you to save money on your big day, leaving you with some money left over for the honeymoon!

Go DIY

Your wedding day is very personal, and it’s those extra touches that can help make your day even more unique to you. Take a look at different DIY wedding ideas to help give you some inspiration – you could find some amazing suggestions for things to do. A DIY wedding can be a lot of work, but it can be worth it to see it all come together on the day.

Your wedding day should be memorable, but it doesn’t have to cost the earth for that. What’s most important is that you enjoy your day celebrating each other with your family and friends. It goes by in a blur, so savour it. Work out a budget you can stick to and make the most of planning your special day.

This is a collaborative post.

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Lynn Beattie

Aka Mrs MummyPenny

Personal Finance Expert

I write about personal finance made simple, lifestyle choices that will save you time and money, as well as products and services that offer great value.

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