Tips for a Less Expensive Wedding – #3 Set (and STICK to!) a Realistic Budget
I know, I know. Tip number THREE, is setting a budget? Most people want to jump right in and start here. But, trust me, this vital step will be so much easier if you’ve already taken the time to prioritize your wedding preferences and talk over money with the involved parties!
Let’s start by taking a look over your list of who is paying for what and figure out what you and your fiancé have to cover. Now draw up a quick list of those things and be realistic about what you think you can spend on each item, keeping in mind the priorities you’ve set! If you really can’t face setting it all down on paper from scratch, here are two budget planners I found through a quick online search:
Here is one which is a little “detail” lacking, but a good start. I do like that they’ve given you a column for “anticipated” cash flow, as well as “actual” cash flow. If you use those columns as you go along, you can make slight adjustments here and there, and will hopefully know if you have enough extra to cover any unexpected expenses.
Here’s another drafted budget. This one looks good, but I would highly recommend changing those percentages to better reflect what you decided your priorities would be! You may also want to break down those large categories into smaller, more manageable shopping lists.
I am almost certain there isn’t a bride-to-be out there who hasn’t heard the advice of setting and sticking to a realistic budget. And yet, isn’t it strange how many attempt to ignore that advice? Ignoring your budget not only encourages you to stop hunting for better deals, but it often causes greater financial stress among families, including the one you’re about to start! Having the budget written down and keeping it with the things you are using to plan the wedding will help you visualize the process and help you stick to it!
As I mentioned in my second post, my parents gave me cash to cover our reception costs. This worked out as a great budgeting tool for me, because I could quickly see just how much we spent, and how much we had left, as we went along. I also pulled certain amounts aside for specific, more expensive, things on our shopping list (like my dress and the rings) ahead of time, so that I knew I’d have that money when I needed it.
Posted on March 19, 2012, in artisanmaskers, budget, wedding budget, wedding organizing, wedding planning and tagged Artisan Maskers, budget, diy, Etsy, planning, Wed Eclectic, weddings. Bookmark the permalink. 2 Comments.