Aah! The perfect wedding day! Smiling faces, beautiful rings, congratulatory messages, a gorgeous looking wedding cake, great wine, delicious food during the reception, amazing activities aftermath, and to top it all, a chance to say “I do” to that special someone. But at the other side of the glam, a dark cloud hangs – the budget. The average UK wedding now costs a staggering £32,000, and unfortunately, more than half of couples end up spending above their wedding budget. So, are you planning to tie the knot on a budget? Here’s how to avoid spending more than you can afford.
Set your budget based on what you can afford
It makes sense to have a budget to know if you’re overspending. So, before you start making any arrangements, sit down with your partner to crunch the numbers. Your budget should include every cost you can expect for your wedding experience, including your venue, decor, food, entertainment, name them.
It’s important to note that there isn’t necessarily a “right” amount to budget for. The most important thing is that you can afford what you spend without borrowing unnecessarily or ending up in debt after your wedding.
Sort out your source of funding
You have a clear idea of how much you can spend. But don’t start planning your wedding yet, not until you’ve sorted out your sources of funding. You know how much you can pay
out-of-pocket. But you shouldn’t carry all the financial burden on your own, not when you have friends and loved ones that can help. So, speak with your family, friends, partner, your partner’s family and friends, and find how much you can tap, whether in the form of cash or services.
You can also set aside a savings account dedicated for your wedding if you still have enough time before the d-day.
Focus on what’s important
Understandably, you want to make your wedding day as special and memorable as possible, but you need to first take care of the most important things. Think of the areas you want to spend and where you’d rather save. For instance, you can leave the catering services to a friend or family member as their special wedding gift to you and save money in that area. And because pictures will give you the memories you want from that day, be sure to secure the services of reliable photographers that’ll help you capture the most important moments without spending too much.
And speaking of capturing special moments, you can contact Booths By Lux for a truly unique photo booth experience.
Narrow down the guest list
Of course, you want to announce the union of your love to the entire world, but trying to invite everyone you know to your wedding is the quickest way to overspend. It makes sense that you don’t want to hurt anyone’s feelings by leaving them out of the guest list, but remember, you’ll be left alone to deal with the financial consequences of overspending if you invite everyone. So, decide how many guests you can afford and don’t go beyond that.
Do you have any tips for sticking to your wedding budget? Share them in the comments below!
