5 Things That Could Affect Your Wedding Budget
There are a lot of fun moments during the planning process, but there are also some other moments that cause stress. One of them could be creating the wedding budget. Your budget is one of the first things that you will sit down and discuss when planning your wedding.
Below are 5 things that could affect your wedding budget and add to your wedding planning stress.
Wedding seasons make a big difference to costs. Planning to get married on a Saturday in the summer? Chances are you're going to end up paying a lot more for your wedding. Look at your budget and how it fits in with the venue and location you have in mind and whether you can move your wedding to another season or day of the week to save on costs. Vendors might also be able to offer you discounts for off-peak days and seasons.
2. Guests headcount
This is one area that can very easily get out of control. Your guests are going to take up a large portion of your budget so it pays to be sensible about who you're inviting. Most venues will charge you for everything from drinks and food to the chair your guest will be sitting on, so think twice about inviting that friend who you haven't seen in 2 years. In a previous blog post, we discussed some ideas about who to invite to your wedding. Once you know how many guests you want to invite, agree on it and stick to it.
3. Selection of flowers
It is important to consider the season of your wedding when choosing your flowers. This is one of the reasons why choosing an experienced florist that can give you the right advice and point you to the available options that fit within your budget is so important. This would help you avoid picking an out-of-season bloom and end up overpaying or going over your budget.
There are some types of flowers that bloom all year round. I would suggest you check local grown flowers and see what is available, before you fall in love with other alternatives that might not be available in your area or that are non-peak season. There are also seasonal flowers, meaning they bloom in certain seasons and have their peak times of the year. The cost of flowers typically increases due to low availability. This is a clear example of supply and demand. Lower the supply, higher the price.
Your wedding location will play a leading role in the creation of your budget. Venues that are located in popular areas will generally charge more than smaller venues outside of main cities. Venues also have different packages and policies that you'll need to consider. For example, some venues might require you to use their vendors, some of which might not fit in with your budget. A lot of venues also have minimum catering requirements that may go beyond your guest list. It's important to look at average costs of areas and venues before you make a final decision on where you want to get married.
5. Forgetting to keep track of what you have spent
You have done marvelous work setting up a wedding budget, but don't forget to keep track of it and allocate the funds where they should be. Simple things like using a tool where you can keep track of your budget, payments, what you have spent and who you owe will help with your sanity and stay on track. Also, make sure you are adding to the list hidden costs like gratuities, services fees, hair and makeup trials, stamps for the RSPVs, etc.
If you want to stick to your wedding budget and not be in debt by the time you come back from your honeymoon, carefully plan your finances before you even begin planning your wedding. Working with a wedding planner would be an added bonus as they can help you find better prices and keep you on track financially.
Need some guidance during the planning process? Contact us to learn how we could team up and create something amazing.
Have a sweet day,
Cristina Mantua – Owner and Lead Designer at HWE