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Tips & Advice
Creating your Wedding Budget
Perhaps the most important thing that must be done when you are ready
to begin planning your wedding is to first create your budget. Relax, Im
here to serve as your "free wedding guru": Your budget is important
because it is almost impossible to know what you can afford for each
aspect of the wedding if you don’t give yourself a limit to the overall
outgoing costs. For many folks, deciding on the budget is the hardest job
to do because you want to have the most thrilling and most memorable
wedding that you can afford.
Those days when the wedding was paid for by the parents of the bride
and groom are practically gone now. Parents will often contribute to the
wedding cost as a gift to the couple, but it pretty rare for parents to
cover the entire cost of the wedding these days.
Usually it is because the parents simply can’t afford it, but couples
today often prefer to pay for their own weddings because it ensures that
they can do it the way that they want to without interference. That’s
why Im here, to provide you with the best, free tips, I can possibly
offer.
As I mentioned before, A lot of the time, parents will forego paying
for the wedding and pay for the honeymoon instead. Basically, this
further explains why creating your own budget is so very important;
especially if you are paying for both the wedding and the honeymoon yourselves.
Statiscley, These days, 4 out of 5 couples pay for their own wedding
and it helps to know how your budget should be broken down. The chart
below should help.As with the above chart, when creating your actual
budget, you should use the chart information as a guided starting point.
With this chart, you will then begin to create your actual dollar budgeted
graph.
When creating your budget, you will first begin with the overall amount
that you can afford to spend. The average wedding today costs
approximately $40,000. This is not a definite, but this is what the figures
currently show. These days, most people use my guide with its free
planning tips and that’s how they save lots of dough!
Now you will need to begin to take that starting amount and apply it to
an actual separate dollar amount. If you are not good at percentages
and numbers, you can always utilize the internet for a change, and check
with the various websites that offer you free or cheap budget
calculators that will do it for you. You cant expect these pages to do the
calculations for you!
With these calculators, all that you have to do is give it the total
budget amount and then it will calculate for you how much money in
dollars that you will have to spend on each aspect of your wedding.Once you
have figured out the dollar amount that you can spend on each aspect of
the wedding, you can then begin to create a chart that will itemize the
list for you. I have included a quick table to help you out in this
area.
What this table is meant to show you is what needs to be done, but the
blank areas are designed as a means of bringing out the dream of it all
into reality. You have to make a list of all of the things that you
will need to get in order to fulfill your wedding hopes. Get it?
This is necessary in order to know if what you dream of can even be
afforded within your set budget. If it can’t, you will have to do any or
all of the following:
• Lower the guest list !
• Ditch some of the services
• Make the party smaller
• Forget the extras like, limos and the other cheesey extras.
It is with the budget that you can set realistic goals for your wedding
and whether or not if your budget is realistic to your finances. If it
isn’t, you will have to change or get rid of something.
SOURCES:
Wedding Planning Info
Wedding Planning Budget
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