With any big purchase, a budget has to be set and research has to be done. Whether you’re buying a new car, a house or condo, planning an epic vacation, or planning your wedding – you set a budget for how much you want to spend. If you’re multi-millionaires, a budget may not be in place, but you still want the most value for your dollar. There’s a misconception that wedding planners, stylists and designers will steer you to the more expensive option outside of your budget to gain more profit, but that’s not true. In the digital age, wedding magazines, blogs, and “Dream Wedding” boards on Pinterest can steer us in the wrong direction and create unrealistic budgets. My job as your wedding planner is to be realistic and set you on a path that does not leave you in debt. The meaning of budget also means to include everything – not just food and beverage. It includes your wedding bands; wedding dress, shoes and other accessories; gifts for bridesmaids/groomsmen; DJ/band; photographer and/or videographer; baker, invitations and so on.
Credit Card Insider created this beautiful infographic with tips to help you plan your wedding and how to allocate your budget:
Try out this Wedding Budget Calculator to get you started on your wedding planning: