Wedding Budget Strategy!

Architect / Content Writer

Do you have a wedding in your family? You are not sure how to plan your wedding on the budget? & What percentage of your total to spend on the individual costs? Let the gharpedia do the math for you! You will get the general wedding budget breakdown based on average wedding costs for every aspect of your wedding! Yes, weddings on a budget are possible by hiring a certified wedding planner!

Here we have discussed mostly American & European weddings. Indian/Hindu weddings have more rituals & customs that we are dealing separately.

Also Read: Indian Weddings: 16 Tips for Your Home Decoration!

The first step for organising a wedding is making a budget for it. This is not that easy & people who are planning a wedding for the first time are mostly liable to under-budgeting & then face problems!

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Courtesy - Stringmynaijawedding

Whether you have $100,000, $10,000 or $1,000 to spend, here is the strategy how to set your dream in your wedding budget! Very first you need to talk with your families about who will pay for what? Some brides families still pick up the entire wedding financing, but nowadays the groom’s families are participating too!

How do you bring up the discussion? For many couples, talking to each family separately is the best way to have genuinely open talks. When you do talk, here are strategies for determining your initial wedding budget!

Ask both the couple’s families: if they are planning to contribute to the cost of the wedding!

Ask them to commit to a specific amount, & then add up all the contributions to create your wedding budget!

Otherwise, it may be easier to ask each parent to finance a particular aspect of the wedding (i.e. honeymoon, ceremony or catering) instead of just committing to an amount!

Wedding Cost Considerations!

For e.g. If you are planning on a formal candlelit dinner in the grand ballroom of a fantastic hotel, your wedding budget is apparently going to have to be much higher than if you have sketched out an afternoon tea & dessert party in your parent’s lovely backyard!

In general, there are several major factors that will really affect what you will need to set aside for your wedding costs! Set your wedding budget with a certified wedding planner explaining your needs & choices!

Guest – Wedding List Size!

There is a per-head cost for food & liquor, & these two are typically the biggest expense in the whole wedding! Therefore the wedding list size is the surest way to increase or decrease your wedding costs!

On top of that, the smaller the wedding list, the more you will save on all your other details, including décor, stationery, favours & rentals, because you won’t need as much of everything!

Locations: Wedding Settings!

Some cities & towns are just more expensive than others! E.g. New York, Chicago, & Los Angeles, (in India) Udaipur, Jaipur, Bangalore,  etc. are the obvious culprits, but small towns & remote destinations can demand greater costs if things like flowers & talent have to come from far!

Tourist towns can also up your wedding costs during a peak season! Similarly, certain venues are more expensive than others! Also, be conscious that many popular locations have headcount minimums, means they won’t host a wedding that is too small, & some may also have a per-head minimum that requires your event to be of the certain size!

Time & Date:

Highly hunted seasons & days of the week are costlier for the obvious reasons! For example, an evening reception is usually more costly than an afternoon reception, not only because of higher catering costs for dinner, but because people tend to drink less during the daytime, & many couples choose to go more low-key on elements like music, lighting & decor!

Wedding Style:

The more ceremonial the affair, the more luxurious, because you will have to match the site, food, & musical entertainment to the overall set tone! The cost for a full six-course meal is typically higher than for a cocktail party with mostly a small savoury dish; usually one served as an appetiser. Similarly, the fee for a twelve-piece band is higher than that for a DJ or a quartet; all décor like lighting, speciality linens, & striking floral displays also will run up your bill!

How Much You Actually Need?

When it comes to financing a wedding, you should figure out how much you need to spend to get what you want! Set your expectations accordingly!

What you can Guess to Pay!

  • Ceremony – 2 to 3%
  • Wedding Jewellery – 2 to 3%
  • Attire/Clothes – 8 to 10%
  • Reception/Hall/Hotels Rent/Food – 48 to 50%
  • Guest Accommodation – 8 to 10%
  • Flowers –  8 to 10%
  • Photography/Videography – 10 to 12%
  • Entertainment/Music – 8 to 10%
  • Stationery/Invitation Card – 2 to 3%
  • Gifts – 2 to 3%
  • Parking/Transportation – 2 to 3%
  • Miscellaneous: 8%

To avoid hassle, allocate extra 5% of your budget for a instant increase in fund.

Honeymoon:

If you are  paying for your honeymoon yourselves, then remember to add to wedding budget for that as well!

How much You Can Save for your Wedding Budget?

As soon as you are engaged, start putting aside as much of your income as you can for your wedding. Saving 20% of your monthly income is a good though high goal! The longer your engagement, the more you will be able to beat away!

Ways to Save Your Wedding Costs!

Limit your expenditure on extra stuff. These changes will barely affect your quality of life, but after a year, the extra cash will cover some wedding essentials!

We are not quite done yet! When it comes to destination weddings, there are a few ways you can avoid difficulty & be extra prepared! While the destination weddings may seem complex, many of them can cost the same as the wedding in a big city! Be sure to ask a friend or two, to help you with the plans & research!

Also Read:

16 Tips to Decorate Your Home for the Auspicious Occasions!
25 Creative Tips for Your Room Makeover!

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