Thursday 3 February 2011

Wedding A-Z: B is for Budget

Weddings are costly affairs with the average spend at £19,265 in 2009 (source: You and Your Wedding magazine).  One of the most important things you will do when planning your wedding is setting your budget - you may have some money put aside for your special day, now is the time to think about how much you feel is reasonable to spend on all the elements of your wedding. It may also be worth setting up a dedicated wedding bank account to start saving.



Here are my top ten tips for saving money on your wedding:


1. Set a budget and stick to it – use a budget planner to keep track of your budget, and ensure you have at least 5% put aside as a contingency.


2. Use local suppliers – by using local suppliers you will eliminate the additional costs that may be added for travel and delivery.


3. Get married on a week day or out of season – a lot of venues offer a discount for a non-Saturday wedding, and getting married ‘out of season’ i.e. October – April can reduce the cost too.


4. Use seasonal flowers in your bouquets and decorations – flowers that are not in season can cost up to twice as much as those that are. Work with your florist to choose seasonal flowers and keep the costs on track.


5. Serve your wedding cake as dessert – wedding cakes can cost as much as £500-£600, serving your cake as dessert can dramatically reduce your catering costs.


6. Think carefully about your guest list – around 40% of your budget will be spent on the reception; consider a smaller, more intimate ceremony and a big party in the evening.


7. Make your own playlist – instead of hiring a Band or DJ, create your own playlist and use an mp3 player, ask your guests to suggest some tracks when they RSVP.


8. Make your own invitations – you can buy everything you need to make your own invitations at a craft shop. Cut back on postage as well by hand delivering them where you can.


9. Shop around for your wedding attire – look in high street stores as well as boutiques and don’t try on anything that is out of your price range. Once you find your dream outfit, ring around other suppliers to see if you can get a better price.


10. Hire a Wedding Planner – wedding planners work with venues and suppliers on a regular basis so can negotiate savings and discounts on your behalf which can significantly reduce your costs, as well as covering the fee to hire a wedding planner!


If you would like help planning your wedding, visit http://www.endless-love.co.uk/ to find out how Endless Love can help. We offer a range of services from a bespoke hourly advice session to full wedding planning, including on the day co-ordination. Contact Caroline Gould on 01473 681201 or 07906 705191 for further information and to arrange a free, no obligation consultation.
 

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