aspects of planning a wedding though is creating a budget. Every decision you make from the venue you choose
to the guest list count and chosen vendors are all affected by how much you’ve allocated.
about the most common budgeting mistakes couples make and what to do instead.
Creating Estimates Without Researching
to give you a better idea of estimated costs. But creating estimates without any research to support those figures could
lead you to underestimate the actual costs. Instead, reach out to multiple venues and vendors to come up with more realistic figures.
Not Finalizing the Guest List
The Knot. Even if you want to invite everyone you know, it may not be financially feasible to do so. Make sure to finalize your guest
list by setting a deadline for invites and don’t be afraid to limit plus ones. Accommodating any last minute requests will have you
exceeding your budget.
Not Allowing Some Breathing Room
costs or paying for additional prints of your photos. Set aside at least 5% of your budget for miscellaneous costs. And if you don’t
use the allocated amount, you can always put it towards your honeymoon fund. Be sure to ask suppliers up front about any additional
costs and read the fine print of your contract before signing.
Making Impulse Decisions
But later it might turn out that you actually didn’t need it or you could have found a more cost effective alternative. Before buying anything
for the wedding, take a moment to consider whether it’s actually a meaningful purchase and decide with your partner.
Not Tracking Expenses
all expenses related to the wedding. Download the spreadsheet onto your phone or keep a detailed notebook on you at all times to make it
easier to track how much you’re spending.
Booking Multiple Vendors
you book. Instead, try to limit the number of vendors involved. Be sure to also ask the venue about any additional services that are offered and the
costs for each. Streamlining vendors ultimately saves you time and money.
their checklist of items and make purchases without a particular order. Instead, sit down with your partner and create a short list of priorities together.
That way you’ll be in a better position to make key decisions which vendors to prioritize and which ones you can cut out.
If the wedding is still many years from now, consider opening a high interest rate savings account. You can use the funds you earn from interest to pay
for portions of your wedding.
financial support and signage. As the owner of Integral Media, he is now utilising his knowledge and experience with his rapidly increasing client portfolio
to help them achieve their business goals.
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