Wedding season is officially in full swing this year with showers, parties, boutiques and events leading up to the big day being calendared out.
On average, a couple in the United States will spend $28,000 on their wedding day! That’s a pretty significant chunk of change when you think about it. Some people have their parents chip in, others have already set aside some money, and some are starting to slowly and automatically save money each month – but what many are left with is the question of whether the money would be best utilized in some other form?
Planning and budgeting for a wedding takes a lot of time, effort and patience from all parties involved. This post isn’t meant to have you skimp on the big day, but rather to educate you on what the costs are behind planning a wedding and help you to perhaps target some areas that you could go without in order to save money towards your honeymoon, new home or other goals as your embark on your new life together. Check out the below infographic for details:
Ultimately, it’s up to you to prioritize what’s important and what isn’t in regards to your wedding day. When my husband and I got married, we negotiated and picked two things we were willing to spend more money on (our “non-negotiables”) which were our photographer and our DJ. We wanted to document the occasion in a way that was meaningful to us and of course, to encourage an all night dance party! What are your non-negotiables?
Creativity and flexibility are also key when you’re planning a wedding. Instead of spending money on wedding favors, why not make a donation to your favorite charities? Or pick a day other than Saturday afternoon to hold your event? In addition, I was gifted the book Bridal Bargains: How to plan a fantastic wedding on a realistic budget by one of my friends and saved a lot of money thanks to the tips I found in it’s pages. Take some time to target the areas where you’ll be able to add some creativity and be sure to remain flexible as the date approaches. Set a budget and work backwards. Remember, things change but ultimately it’s about the rest of your lives together – not the outflow on one big event.