Monday, March 14, 2011

Weddings: Everyone has a budget

There are lot of expenses that young adults face, and for a lot of people, a wedding is one of them.

Shameless plug: This blog is a re-post from my company's blog--I own a marketing & events company with a business partner and we help a lot of brides and grooms navigate the world of weddings. Check it out. 

I thought it was a pertinent topic here, as well.

Reading wedding magazines or watching shows like "Say Yes to the Dress" may make you think that you're the only one on a budget, and that every other bride (or groom) in the world can spend, spend, spend on an over-the-top wedding.

In real life, however, everyone has a price point. Every couple we've worked with has a limit, regardless of who is paying for the wedding. It's important to keep a little perspective as you're planning.

Here are our top five wedding budgeting tips that we always tell all of our clients.

1. Spreadsheet, spreadsheet, spreadsheet. The very first thing you should do (after calling all of your family and friends, of course) is talk about your budget. No, it's not glamorous, but you must do it. Knowing how much you are willing to spend from the start will help you navigate all of the options in front of you, and be realistic about what you can afford.

2. Stop comparing yourself to other couples. So what if you went to a wedding last weekend where you drank from a Cristal champagne fountain, the bride wore a custom-made Vera Wang gown, and U2 was the live entertainment. Who cares. Your wedding will be special, because it's yours. The rest is just details.

3. Decide what is most important to you. Maybe you love photography so you want to book the city's most famous wedding photographer. Perhaps you love the look of letterpress and calligraphy invitations. Whatever it is, every couple has one or two must-haves on their list. That's great--fit them into your budget if at all possible, but something's got to give. Decide which wedding details aren't that important to you. Maybe you have a friend who can do the flowers. Perhaps you don't even like wedding cake and can settle for cookies from a local bakery. Sit down and make a list, from most important to least important, and go from there.

4. Always ask for discounts. Anytime you are in conversation with a vendor, ask if they have any specials. Many photographers will throw in a free session of engagement pictures. Your venue may give you a better deal if you get married in low season, or on a Friday or Sunday. Ask your florist if they can substitute in-season flowers for exotic ones that have to be flown in. Worst case, they say no, but at least you've tried!

5. Pay for a day-of wedding coordinator. We're not just saying that because we want your business (which we do). You've spent months planning your big day, counting your pennies, and scrutinizing your guest list. Don't let all of your hard work go to waste. Save enough money in your budget to hire someone to handle all the details on your big day. You want to enjoy the time with your new husband/wife, hang out with your wedding party and family, and really ENJOY! You only get to do this once, after all!  And a bonus: We provide unlimited phone and email contact to all of our day-of clients. We can help you find great vendors, give advice on budgeting, and more.

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