What Does A Wedding Budget Include
- Posted by:
- Posted date:
When planning a wedding you may ask: what does a wedding budget include? We look at how to allocate your wedding budget and include a wedding budget checklist.
How To Allocate Your Wedding Budget
The cost of a wedding isn't cheap; we all know that. When it comes to planning your dream wedding, you want to save money without losing your vision for the special day.
The average amount spent by married couples on their wedding day is £17,000 and upward, with the overall wedding budget being much higher than that in most cases. Determining your wedding budget as early as possible is one of the most essential parts of wedding planning.
Your money will go toward all guests, the venue, music, DJs, wedding dresses, catering teams, flowers, bridesmaids' dresses, suits, honeymoons, and everything in between. Set aside a realistic amount for each aspect, or hire a wedding planner to help with your spending.
For the ultimate wedding budget checklist, this article will go over all you need when keeping track of wedding costs.
Realistic Budget Breakdown
Before reaching the wedding budget checklist, let's analyse a realistic wedding budget breakdown.
Ironically, most of your wedding spending will go toward the guest list, which is why many people save money by minimising their cost per head. The reception venue, catering costs and any wedding videographer or photographer will be your most significant expenses.
Your guests must be fed and kept dry and warm, so the wedding venue is as much for their pleasure as yours. Your total budget must also accommodate wedding flowers, wedding cake, music, DJ, any photo booths or other entertainment and much more.
Some additional wedding expenses can be:
- Wedding Stationery
- Wedding Breakfast
- Wedding Rings
- Wedding Invitations
- Wedding Dress Cleaning
The total cost will differ for each wedding party, with the ceremony venue typically being the most expensive. Unexpected costs will arise, so having an emergency fund is a good idea, but you can save yourself wedding money by perhaps cutting back on one of the following factors.
Wedding Budget Checklist
Whether you've paid for wedding planners to help you with your big day or not, you should know the wedding checklist to follow.
This is, of course, a guideline, and everything can be adapted to your unique wedding ceremony. You should use this list to establish a rough budget at the very start of the planning process.
How To Plan A Wedding Budget
With a full breakdown of what you could have at your wedding, it's important to understand how to plan a wedding budget and where you can spend your money.
Can Anyone Else Help Contribute?
Once upon a time, the bride's family would have paid for the wedding. That is no longer customary, and you can appear presumptuous to ask.
If you do have family or friends willing to contribute, you should take them up on that offer because it can make the difference between having the sound system you want and the room not being able to hear the music.
Ask parents on both sides of the family, as many will be happy to help where they can.
Create A Rough Guest List
Deciding who should attend your wedding can be an awkward conversation. It's common for your family and friends to come, but where you stand on colleagues and plus-ones can drastically affect the overall cost.
If you choose to host a small wedding, you can spend less money, but you have the potential to offend people by not inviting them. For guest lists of 20-50 people, you can look for smaller venues, making the entire day cheaper.
Set Aside 10-15% Of Your Budget
There are always going to be unexpected costs and problems that arise. If you need a last-minute taxi or additional drinks, you will want to know that you have some emergency funds available.
Always put a minimum of 10% of your overall budget aside and try to carry cash with you on the day, as you never know what may happen.
Block Out Your Biggest Costs
Note down and organise your biggest costs first, as these are typically the most expensive and the most important.
Your wedding venue, transportation, catering, dresses and suits will require the most planning and money, with many requiring a deposit months in advance. The sooner you plan these, the smoother the overall process will become.
Our final tips for planning weddings are to take a deep breath and remain organised as best you can. Make a spreadsheet of all costs and everything you want. Remember that there is no 'average wedding' and couples can choose what they want at their wedding. Make a note of all transportation costs, venue costs, and service fees to avoid spending more than you can afford and going into debt.
If you are planning a wedding in Essex or the surrounding areas, we provide horse drawn carriages for just such occasions.
We offer horse and carriage wedding services in Essex and London. Visit our site to book your wedding transport hire.