Wedding Budgeting: How Much and For What

Congratulations! You’re engaged! You’ve probably played the wedding scenario in your head a million times, and now it’s time to make your dreams a reality. But before you start shopping for your dream dress or booking the venue of your dreams, you’ll need to create a budget.

Arguably, one of the most challenging parts of wedding planning is figuring out your budget. This number will shape all other choices for your big day—where you have it, whom you invite, what kind of food/drinks are served, how it’s decorated, and more. So sit down with your partner (and whoever else is contributing financially) to establish a reasonable budget that everyone feels comfortable with.

Count your cash

You wouldn’t know how to shop for groceries without first knowing what you can spend, and your wedding is no different. Figure out your budget before you begin anything. You’ll need to look at how much cash each partner has saved up (or if parents are helping out financially), how much you can realistically save between now and the wedding date, and any other sources of money. It’s important to be realistic here. Only count what you know you’ll have access to by the time your big day arrives.

Go for cost-effective options.

Once you know your budget, allocate it in such a way that you can get the most bang for your buck. Prioritise what matters most to you and allocate more for those items. For example, instead of buying furniture, decorations, or equipment, consider having an events decor hire. An events decor hire will save you a lot of money as it will make sure that every event looks different and unique.

At the end of the day, cost shouldn’t stop you from having the wedding of your dreams. With proper budgeting, dedication to sticking to your budget, and some creative ideas for saving money wherever possible, you’ll have the perfect wedding without breaking the bank. Happy planning!