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.
Ingrid M. Williams & Joycelyn T. Williams
Creating Events That Last A Lifetime