Wedding Planning 101: Budget

Today we're sharing our pearls of wisdom regarding the not-so-fun wedding budget {and we guarantee your bank account will thank you for this!}  Often times, planning the budget is where couples have their first freak-out.  

Let's be honest, you’ve probably never thrown a massive party for all of your friends and family before, so how should you know how much that costs or how to allocate your money?!  That's where we come in.  Although there are no hard and fast rules to creating a budget, we have a few tricks up our sleeves to ease the stress.

 Photo by  rawpixel.com

Photo by rawpixel.com

The {sad} reality is that all weddings, whether simple or extravagant, have a budget.  Most couples long for a gorgeous wedding with top-notch finishes and unfortunately, the bank account doesn’t always agree!  The trick is to prioritize and plan so that you are sure to get exactly what you want without breaking the bank!  One of the biggest roles we play as wedding planners is helping couples prioritize what they want out of their special day and identify how to get the look they desire within the confines of their budget.  What can you {and your fiance} absolutely not live without?  Is it that statement designer gown?  What about a gorgeous floral installation?  Or maybe you want your guests to have a real “foodie” experience?  No matter what you decide, identifying the top priorities is a MUST to help ensure you get exactly what you want!

It’s hard to not get too excited and want to amp up every little detail of your big day, but we encourage you to sit down and allocate money early on in the planning process to each and every wedding expense BEFORE signing on ANY dotted lines.  Yes, that means calling and checking vendor prices in every category.  Be specific about what you want.  Sure you can get florals for $3,000, but will that give you the look you are trying to achieve?  Don’t be caught by surprise!  Ask for a mock Banquet Event Order from your potential venue/caterer to ensure you account for all possible charges.  Undergoing this tedious {but necessary} task will help you determine whether your desired price points are realistic and will safeguard your planning from unwanted surprises!

If the final budget is coming in too high, get creative!  Shop for your dress at a sample sale, opt for a non-traditional venue, or cut your guest list down {this is the fastest way to cut your budget and besides, not every friend needs a date!} Reconsider the big ticket items {food and beverage} and perhaps scale back on the price point of menu items or cut back on your dream of a fully hosted bar.

We promise that a full flushed out budget BEFORE planning makes decision making so much easier {and more fun!}  If this seems like too much work, then sit back, relax and let a planner {like us} help you create a budget.  We‘re happy to help and have created countless budgets at a variety of price points.