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Wedding Budget Planning - where do you start?

Do you find trying to plan a budget for your wedding a little daunting?

If you have never organised a large event before, where do you start?

After the decision to marry your loved one is made, one of the big decisions is how much money you have or are willing to spend on your wedding. With non traditional families, families scattered across different countries or states, changes in social attitudes, blended families, cost of living increases etc; some traditions associated with weddings may no longer apply for you.

So two of the big decisions are:

  1. how much money you have, or want to spend on your wedding, and
  2. who will pay

Will you be paying for your interstate/overseas relatives to join you?
Would you rather have an intimate wedding and concentrate on your house repayments?
Is a grand fairytale wedding important to you?
Does your family want to help out?

Each couple will have their own ideas, dreams, and thoughts relating to these questions, with compromises negotiated as you head towards your wedding day; and which ever way you decide you the reality is that you will need to stick to a budget.

This is what I'll concentrate on here, so to get you started listed below are some items common for most weddings and a percentage of a budget usually allowed for them. For items you are not going to use you will save that percentage of your budget or it can be added to things important to you.

 

30% - The highest cost for most weddings is the reception so allow approximately 30% of your budget for this.

15% - Clothing comes in next (wedding dress, suits, shoes, lingerie, accessories) at 15%

11% - Photography (photos, video, albums)

10% - Honeymoon (venue, transport, pet kennel fees)

5% - Rings (purchase, engraving, ring pillows)

5% - Flowers (bouquets, table center piece arrangements, venue decorations, corsages)

5% - Entertainment (bands, dj, sound systems, roving entertainers)

4% - Stationery (save the date, invitations, RSVP, thank you notes)

3% - Ceremony (venue, marriage license, celebrant fees)

3% - Gifts (attendants, parents in law)

2% - Grooming (hair, makeup, spa treatments)

2% - Transport (wedding cars, guest shuttles)

5% - Incidentals (build in a fail safe for emergencies).

 

To make things easy for you a free downloadable budget planner is found here, which will help you plan and keep a record of your costs.

Fill in the yellow sections and the spreadsheet works out your available budget for you, and how much you have already spend.

 

 

Other ideas for planing your wedding on a budget and keeping you costs under control.


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