Planning for a wedding is exciting! Looking through bridal magazines, scrolling through Pinterest, creating that vision in your mind of your dream wedding. But in order to make that “wedding board” on Pinterest a reality, or really bring that vision in your head to life, it is important to consider how you are going to strategically allocate your funds. I know, I know, budgeting may be… (is) the less glamorous part of the planning process, but it is necessary. Having a thought-out budget will make your planning process much less stressful. After all, the best budgets are there to guide you, not make you feel guilty or stressed…they’re designed
to keep you from losing control.
Here are four pieces of advice on budgeting.
1. Make a Priority List of which wedding elements are important to you
Is catering most important to you? What about your wedding photos, or the dress, or entertainment? Sitting down and really thinking about what is important for your wedding will help you decide how much of your budget you want to allocate to each category. In the long run it will assure that you are not sacrificing anything that is really important to you.
2. Consider the “Miscellaneous”
As you begin to plan your wedding you will realize that there are many elements that go into a wedding. Some that you may not really consider when you are looking at the “grand scheme of things”. Our advice is to consider those wedding costs that come before, and after, the wedding. Bridal Guide has a list of 30 things to consider when it comes to forgetful costs. To avoid stress, we recommend allotting about 5% of your budget for a “just-in-case” fund.
3. Do plenty of research
Do plenty of research, invest your time in meeting with all kinds of experts, getting printed price lists, and really knowing the ballparks of what everything costs. Then sit down and look at your available funds to figure out what kind of wedding you will have. As you get vendor estimates, keep them organized so you can compare vendor prices later on when making a final decision.
4. Stay Organized
Our biggest piece of advice. There is a lot of planning that goes into having a fabulous wedding and staying organized is the best way to have a seamless planning process. We have created an easy-to-use Wedding Budget worksheet in our downloadable wedding planner to help you get started. Even better, the worksheet does the math for you so you don’t have to!
Features of the My Preferred Life Wedding Planner:
- Budget Planning
- Planning guests list
- Makes for an easy organized to do list
- And MUCH more!