Budget Planner - Helping You Keep Track Of Your Spending
Hi! How is your wedding planning going?
Planning a wedding can be an incredibly stressful task. There are so many different variables out there - which cake maker should make our cake? Should we get married in a grand house or church? What style of dress should the bride wear? Should we get an evening outfit to dance the night away in?
And that’s even before you’ve begun looking at the prices and sorting out the budget. The cost of weddings have definitely increased over the past few years - did you know the average cost of a UK wedding (which doesn’t include every type of vendor like Videographer and entertainment) is just under £18,000 according to the Independent.
If you are rolling in money and don’t have a spending limit then go for it! Plan and organise the best wedding you could ever imagine! Get someone to help you plan it, organise it and co-ordinate it on the day! But if you need to be considerate of the money you are spending, then planning a budget can help you keep a track of your spending. But it doesn’t have to be all doom and gloom. You can make your wedding perfect for you - however much money you have. Below are a few tips and tricks to help you plan your wedding budget and a downloadable budget planner for you to take away and use if you would like to.
Creating Your Budget
First things first, you need to work out how much money you have to spend. What is the maximum number that your budget is? This probably means having some (potentially awkward) conversations with your parents and your partners parents about if they are planning to add any money into the pot. The traditional way is for the Bride’s parents to pay for the wedding and the Groom’s parents to pay for the rehearsal dinner - but come on! It’s 2019 guys - this is no longer a given and shouldn’t be. Start by talking to your fiancé to work out how much you both feel you expect to and would like to spend; then talk to each set of parents after that.
Once you’ve got a rough idea of your overall budget, it’s time to look at how that can be split across the different elements of your wedding. To give you a general idea, most wedding budgets are split up roughly like below:
35% for your Reception (Venue, Food, Drinks, Cake, Entertainment, Guestbook, Favors and Gifts, Wedding Planner etc.)
20% for your Photography and Videography (Engagement shoots, Bridal portraits, Reception, Ceremony, Video Footage, Photo Album)
15% for your Ceremony (Officiant fees, Rings, Favors and Gifts, Transportation, Wedding Planner etc.)
15% for your Decoration and Flowers (Bride and Bridesmaids bouquets, Button holes, Table decorations, Wedding venue decorations etc.)
10% for your Dress and Attire (Wedding dress and alterations, Shoes, Headpiece and Veil, Jewellery, Bridesmaids Dresses, Groomsmen Suit and Tie/Bowtie, Groom’s Suit and Tie/Bowtie, Groom’s Accessories, Cufflinks)
5% for miscellaneous things (Accommodation costs, Welcome bags, After party etc.)
You need to sit down and decide what your most important things are. How are you going to split your budget? Take some time deciding what your budgets are going to be for each different section of your wedding - both the top amount you can spend and your ideal amount that you would spend. Then, get researching! Start with the big things - your reception venue, wedding venue and photographers. Once you’ve got those three things booked you can relax a little and spend longer planning and deciding the other aspects of your wedding.
Don’t hesitate to check out the budget planner we’ve created below. Just click the link below and download the PDF!
Good luck with your wedding planning! If you’re still looking for a wedding photographer, we’d love to have a chat and see how we can help you! Keep an eye on our blogs and Social Media pages for more tips about planning your wedding.
All the best, Paul and Heidi