As soon as the glitz and glamour of being engaged wears off, the actual hard work that comes with the engagement ring begins. It may sound exciting and easy enough to accomplish, but that is not always the case. However, there is no need to be scared if you know how to approach the planning process logically!
Something that can make or break your wedding is the budget. We can not stress enough just how vital it will be for you and your spouse-to-be to create a wedding budget, and to stick to it. Doing this can very well draw the line between setting yourself up for your life as newly-weds, or throwing away every last cent on a one-day celebration.
Before you get overwhelmed into inaction, the first thing you should do is figure out where to start. It is important that you determine how much money you can actually spend on your wedding, and which are the most important factors of your wedding that you should focus on.
Is a beautiful venue at the top of your priorities? Are you dead-set on getting a designer wedding dress? Is an open bar an important facet of your celebration? Once you have managed to list down all of the things that are important to both of you as a couple, it is time to start allocating a reasonably ranged budget for them. Keep in mind, however, that you should do this while thinking of the other components of your wedding as well. It may be nice to splurge on that designer wedding dress, but that might put the allocation for your caterers at risk.
If you are wondering how you make sure that your wedding celebration will be a day filled with stress free happiness, then look no further. Here is the pro’s guide to making sure your wedding run smoothly:
Know where you’re going to be getting your wedding fund from.
It may just be you and your fiancé who will split the total cost of your wedding. Or it could also be that your parents or relatives would want to help with some parts of the celebration. Whatever your situation is, the first thing you should figure out is who will be contributing and shouldering the costs. By doing this, you will be able to calculate your overall budget.
We recommend that you sit down with your partner and determine how much each is willing to give. Of course, it is important that you consider just how much you can put into the wedding fund without harming your personal savings. You would not want to celebrate a lavish wedding then be troubled for money right after! Once you have a working budget, try to list down anything that your loved ones have committed to contribute. For example, your parents may have promised to shoulder the catering costs, which is what you should then double-check if they are still willing to do so.
We get it. Talking about money can be awkward, but it is something that needs to be done before you can get the ball rolling on your wedding preparations. Just keep in mind that nobody owes you anything, and they have the right to decline your request. Getting the budget sorted early will alleviate so many awkward discussions later on, so we highly recommend planning this first.
Figure out how many people you want to attend.
Now that you already have the ballpark budget for your wedding, it’s time to think of the ballpark guest count that will be attending.
Most of the decisions you make as you plan your big day will rely on the number of attendees you have. It will not only determine how big you need your venue to be in order to accommodate everyone, but it matters as well when figuring out how much food and drinks you need to purchase.
Think of how much you need to spend per person, rather than the guests as a whole. This will help put everything into perspective, when you think of how many aspects of your wedding are individualised. From the wedding invitations, to the food, and even the wedding favours; There really is a per-head cost that will affect your wedding budget as a whole.
Keep Your Non-Negotiables In Mind
Here is the part in which most couples bicker. You and your spouse-to-be may have different opinions on what are essential in a wedding, and which parts of your wedding budget are non-negotiables. You may prefer to spend a little more on decor, while your fiancé would rather use that expenditure on an open bar instead.
It is important that you have a serious discussion with your partner as to what are the things on top of your priority list. Once you have figured those out, you should immediately set aside a budget for those things. However, if you have a bigger budget than most, you can definitely afford to pick more than one for your priorities.
This is important because, once you have decided what are your top priorities as a couple, you can then build your wedding budget around that. This will also give you the leeway to choose or splurge on other things if you have some more of your budget to spare. Keep in mind that you should always leave a bit of room in your budget in case of any emergency costs that you will incur on the day of the wedding itself.
Research, research, research.
You may already have a ballpark cost in mind, but trust us when we say that you will still need to do your research. There are obviously a lot of costs that come with planning a wedding, and you even have to nitpick each for the hidden costs. For example, you do not just allocate the budget for the venue. There are also extra costs for the set-up and breakdown of each, along with the utility costs if it is not included yet.
Due to this, it is extremely important for you to thoroughly discuss the rates with your suppliers. You would not want to be under-projecting your budget, or else you might drain your bank account trying to pay for everything.
Remember that it is only a one-day celebration. You should not go into debt just to make your wedding official.
If you want to have the best possible start at marriage, do not start off your union with unmanageable debt. Keep in mind that if you can not really afford it, you do not need it. What’s important is that you celebrate your wedding and share the joy with your loved ones. It is not about how much money you spend, but the joy you feel on the day itself! There should be nothing left for you to worry about except fully immersing yourself in your wedding ceremony.