How Much Should You Really Spend on Your Wedding?

A wedding is a huge and expensive affair. You must be concerned about the cost you might have to cover for this purpose. Get an idea from this blog.

How Much Should You Really Spend on Your Wedding?

Your wedding date has been announced, and your excitement will be unlimited. Amidst all the joy and happiness, a hidden fear related to the wedding budget will persist. This is a grand event of your life, and of course, it will incur a lot of expenses.

If you have saved money for your wedding, it will be very relieving for you. On the flip side, you might have a small saving that could hardly cover the major payouts. What should you do then?

Planning is the correct way to approach wedding expenses. However, there are different areas where you should be allocating funds. You must have a clear picture of the amount you should shell out in each division.

Then, you can have a cumulative idea of the total amount you should keep ready in your bank account. Now, if your wedding is not too far, gathering that amount might be difficult. You should not worry if a small funding gap is there.

This is because you can plug this gap with the help of short-term loans in Ireland. They are a perfect way to obtain a trivial amount of cash exactly when the necessity has popped up. You do not have to keep waiting for days to get a response from the lender.

This breakdown of the wedding cost can be an eye-opener for you. Thus, go through this blog to have a complete overview.

A low down on the amount you must arrange for your wedding

Before devising the budget, you must have everything ready in a spreadsheet. You can even do it manually if you are not comfortable doing it virtually. Nevertheless, you can save a lot of time and effort by trying out an online budgeting tool.

Monitoring the progress is easy when you use an online spreadsheet. You can use the inbuilt formula instead of typing everything manually from scratch. Here, the different expenses like wedding gown, ring, venue, catering, etc., that you should attend to have been stated below.

·       What will be 50% of the wedding budget you have created?

Does it seem scary that half of the amount you have for this event will be consumed? You will get the reality of seeing the different aspects that you can include within this 50%. These are costs related to the venue, ceremony and overall catering.

If you closely observe, you will see how these outgoings turn out to be the most significant ones. For this reason, they can occupy 50% of the portion of the wedding budget you have decided. Now, it will be up to you whether some amount can be adjusted so that you can keep the cost low.

You will be astounded to know how different avenues can charge differently. Thus, if you are ready to research, provided time is on your side as well, you can find something elegant but within your budget.

Again, you can have different places booked for different occasions like engagements, weddings and receptions. In this case, the cost might increase for you. However, you can keep the cost under your leash if you arrange every occasion at one place only.

Amidst all the preparations, you must not forget about the amount you should be spending for your legal ceremony. This will be a standard expense, and you cannot compromise on it. Wedding catering is another area of this event, and it includes food, beverages, sweets, desserts, etc.

Now, you can keep the cost within your range by clubbing a few events together. If you are planning everything on your own, the process can be overwhelming for you. In that case, you can look for inclusive packages which will include the food and venue costs together.

·       How much do you reserve for the wedding stationery?

This aspect does not garner a lot of attention, but it is an integral part of wedding planning. You will have to send invitations to all the esteemed guests and can demand a 1.4% portion of the wedding budget. Cards, envelopes, RSVP, etc., need to be bought and prepared to be sent for the invitation.

Besides, you might think of giving thank you cards, and the cost should be included in this segment only. Starting from menu cards, table plans and place cards, wedding stationery is all about them. It is not that you have to get them all as your requirements might be for a few.

This is a representation of the portion of the budget this payout should occupy. If you do not have an elaborate budget for the wedding, you can even consider sending e-invitations to the guests. Nowadays, everyone has a smartphone, and they can easily receive the invitation.

This way, you will also not cause any harm to the environment. Besides, you can keep your wedding budget affordable.

·       How much will the cost for wedding flowers and décor?

You should allocate 4% of the wedding budget for this purpose. Now, the cost can stretch depending on how you want to go ahead with the bouquet. Maybe you have bridesmaids as friends, and each of them wants to carry a bouquet.

On the other hand, you might have someone specific in your mind. It could be the maid of honour or that flower girl who should be holding the special bouquet. You can see how different arrangements would need you to spend money differently.

At the same time, you might want to have different types of floral arrangements in different areas of the wedding venue. Now, the cost might vary depending on the flower provisions you pick.

The bottom line

How much should you keep for photography and videography purposes? This is a special event in your life, and you just want to keep the memories forever. 10% of the wedding budget should be allocated for this purpose.

Now, if you think that the payments might get stuck because of some financial issues, you can opt to get unsecured loans in Ireland. These are short-term financing that do not need the support of any asset.

You will be able to cover a small amount of pending payment. Thus, plan accordingly and get a suitable loan amount.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow