Are you recently engaged and ready to start wedding planning? It can be stressful, but starting with a budget and figuring out where you can save will make the planning process more fun and exciting!
The sooner you start saving for your big day, the easier it will be to cover the costs without borrowing.
Indeed, where there’s a will, there’s a way. If you’re looking for your dream wedding but don’t want to skimp on the essentials, here are some tips on how to do it.
Set a goal to save with each income you earn. Vale offers automatic savings plans that set aside a percentage of every paycheck in your savings account. You will save every little money towards your created goal.
- Set a Budget: In many cases, the wedding day is the most important day of a couple’s lives. The planning can easily lead to overspending, so be careful not to get carried away. The first thing you can do to limit your wedding spending is to set a budget.
- Pick your guests carefully: It is easy to calculate the amount that should be invested into food, drinks, and entertainment during your wedding if you are picky about the number of people that will show up. Catering can be expensive, and the guest list would ensure that only people that are absolutely important are invited and well entertained.
- Book a weekday Wedding: Saturdays are the most common dates for weddings and the most expensive because everyone is trying to book a date which makes the prices of locations hiked due to increased demand. You are likely to reserve your venue at a lower price.
- Avoid hiring a wedding planner: You can hire one but is definitely extra on cost, and we want the wedding on a budget. Invite friends and family to assist and assign each activity to a responsible party that is capable and can handle it.
- Skip some small details that are not compulsory: These details are a nice touch, but they simply incur more costs, and no one notices after that day except you of course, and if they aren’t in place, it doesn’t affect the wedding in general. Some of these details are useless after the wedding and will be thrown out. So if you are planning your dream day, you might want to skip these, except if these details are super important to you.
- Rent Your Wedding dress rather than buying one: The wedding dress is only worn once and costs a lot. If you do not mind and are on a slim budget, you might opt to rent a stunning dress for your big day. This would cut costs effectively since it’s just for a day.
After your wedding budget checklist is mapped out and you know what things will cost, it’s time to start saving. Start setting aside money for your wedding from your existing budget. Just remember that this is just a temporary budget line. This means you might have to move some things around for the time being to make it work.