A newly engaged couple might think planning a wedding is going to send them spiraling into debt for the next 20 years. The average wedding in 2015 cost $32,641, according to The Knot’s website – and that is a $5,000 increase over past five years. Believe it or not, you can pull off the wedding of your dreams for half that amount. Keep these tips handy before you cash out your 401 K!
First, the couple needs to decide who is paying for what. How involved are both families in paying for this wedding? Traditionally, the bride’s family trumps most of the cost – but it’s 2017, and those rules are old-fashioned. Start by drafting a budget list. Be sure to make columns for each different wedding component, cost, who’s paying, deposit amount, and balance left. The groom should approach his family asking if they’d be willing to participate in any cost-sharing. At this point, you should have a pretty good idea what pieces of the wedding are your responsibility.
Next, compose a list of people to invite. This will help estimate the cost (usually per head) at most wedding venues. Along with a venue, start listing different wedding components – gown, photographer, invitations, decorations, flowers, favors, DJ, etc., and next to each category denote an estimated cost.
The bride should then contact different vendors to find the actual cost for each wedding component. Don’t be afraid to inquire how to lower the cost of services if it’s out of your price range – these vendors want your business. If something is so far out of your price range, consider DIY projects. These are super affordable and give weddings an authentic flair.
More things to consider when budgeting your wedding:
- Don’t go overboard with the flowers. Small bouquets are completely fine, and guests probably won’t notice how many are at the ceremony and reception
- Instead of super fancy customized invitations, opt for digital invitations. We are living in a digital age – so this might help guests remember your special day better.
- Buying wedding gowns, and bridesmaids dress’ off ‘the rack’ is a huge money-saver. These dresses are marked down, and any minor fixes can be done by yourself, family, or friends.
At Northampton Valley Country Club we know planning a wedding can be expensive and stressful, but our staff is capable of working with any budget. When it comes to vendor shopping, we will point you in the right direction, with the right prices. Visit our website today to see everything our venue has to offer!