A wedding is a huge investment. In our opinion its part of the top 3 investments of a lifetime along with buying a house and having children. In most cases you will be spending a pretty large amount of money within a very short period of time.
How do you prepare for such an expense? While one of the top things is saving as much as you possibly can. The number one thing you need to do is be HONEST.
1) Be honest with yourself. Set a realistic budget. Your wedding will last one day don’t spend what you can’t afford. After the last guest has left and the dishes are cleared away you will still have to pay your monthly household expenses. Come up with a comfortable dollar amount that you can save monthly after meeting your monthly expenses. Add that number by the number of months you have to save for your wedding and this should be the base number you use for your wedding budget.
2) Be honest with each other. Vocalize the number you really feel comfortable with spending. Although we would all love to have a budget less wedding the truth is that the average folk just can’t do that. If for some reason you run into financial trouble during the planning process. Let your finance know as earlier as possible. They maybe able to help out with covering the shortage OR the two of you can begin to comb over the details to see were you might be able to save. Don’t be afraid to voice your needs, if you have to tighten up on some things when you find yourself in the midst of planning. It can only help you in the long term.
3) Be honest with your planner. This is critical. Being honest with your planner about your finances during the planning process can save you a lot of heartache. Based on your initial budget notification your planner can ensure that all vendors chosen can accommodate your budget. Also, if faced with financial difficulties that many arise during the process your planner can let you know where you can effectively trim the budget without trimming elegance. Your planner can also help you communicate with your vendors if any special arrangements need to be made.
Open and honest communication will be your key to successfully saving for your big day.
Happily Planning,
Ingrid M. Williams & Joycelyn T. Williams
Creating Events That Last A Lifetime
http://www.yourbigdayllc.com/
Tuesday, August 4, 2009
Thursday, March 12, 2009
Let The Planning Begin!
Congratulations! The love of your life has popped the question and you said yes!!!
By now you are rocking your ring with the fresh mani, and you have purchased every bridal magazine ever published in search for wedding day inspiration.
So how do you transform all of your thoughts, emotions, and visual guides into the most memorable day of your life…
Here is a couple of things to think about as you embark on your new journey.
1) After becoming engaged you will need to notify both families starting with both sets of parents.
2) You will then need to establish what financial contributions you will be receiving from both families if any. I suggest you have the money conversation with each set of parents separately so that everyone is comfortable.
a. You will need to determine the amount of money each set of parents will be contributing
OR
b. Which set of vendors will each set of parents will be responsible for paying .. i.e. Caterer, Florist, Photographer, etc.
3) If you & your fiance will be paying for your wedding then you will need to establish a wedding budget. This is the most common method of wedding day financing.
4) You will also need to decide if you will be hiring a planner. Although many view the services of a planner as an extra expense, a good planner can save you time, money, and tears. The planner will can assist with establishing and maintaining your wedding budget, finding quality vendors, and removing stress from you life. Most importantly they work with your best interest in mind.
As you embark on planning your wedding please remember that wedding industry is just that an industry. Although you are planning for the most memorable moment of your life the vendors that you will be dealing with are making a living. You may run across some people that don’t have your best interest at heart. Although this is your wedding and you are envisioning the perfect day, you need to be knowledgeable of the business side of planning your wedding or at least hire someone to help. If a full service package isn't in your budget, then inquire about partial, day of, or a la Carte Services.
We hope this gets you started with planning Your Big Day.
Happily Planning,
Ingrid Williams & Joycelyn Williams
Your Big Day Event & Party Planning
Creating Events That Last A Lifetime
By now you are rocking your ring with the fresh mani, and you have purchased every bridal magazine ever published in search for wedding day inspiration.
So how do you transform all of your thoughts, emotions, and visual guides into the most memorable day of your life…
Here is a couple of things to think about as you embark on your new journey.
1) After becoming engaged you will need to notify both families starting with both sets of parents.
2) You will then need to establish what financial contributions you will be receiving from both families if any. I suggest you have the money conversation with each set of parents separately so that everyone is comfortable.
a. You will need to determine the amount of money each set of parents will be contributing
OR
b. Which set of vendors will each set of parents will be responsible for paying .. i.e. Caterer, Florist, Photographer, etc.
3) If you & your fiance will be paying for your wedding then you will need to establish a wedding budget. This is the most common method of wedding day financing.
4) You will also need to decide if you will be hiring a planner. Although many view the services of a planner as an extra expense, a good planner can save you time, money, and tears. The planner will can assist with establishing and maintaining your wedding budget, finding quality vendors, and removing stress from you life. Most importantly they work with your best interest in mind.
As you embark on planning your wedding please remember that wedding industry is just that an industry. Although you are planning for the most memorable moment of your life the vendors that you will be dealing with are making a living. You may run across some people that don’t have your best interest at heart. Although this is your wedding and you are envisioning the perfect day, you need to be knowledgeable of the business side of planning your wedding or at least hire someone to help. If a full service package isn't in your budget, then inquire about partial, day of, or a la Carte Services.
We hope this gets you started with planning Your Big Day.
Happily Planning,
Ingrid Williams & Joycelyn Williams
Your Big Day Event & Party Planning
Creating Events That Last A Lifetime
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