Along with buying a house and a car, paying for a wedding is one of the most expensive milestones. And for many engaged couples, the wedding is something they have thought about for years. But, it's important to make sure your dreams match what's realistic within your budget, so you aren't left in the red after your honeymoon.
Read these money saving tips if you're worried about overspending
Standard Life Savings offers five money saving tips for a white wedding to remember, that won't leave you strapped for cash after the big day.
Talk to your family
Having an honest and open discussion with close relatives could help you work out financial arrangements, as well as making you feel more at ease about your big day. While many couples nowadays pay for their own wedding, some may receive financial help from parents, grandparents or other relatives. It's good advice not to assume anything though - you don't want to count on money which your family don't actually have to spare. Even if family members aren't helping foot the bill, talking over your plans early will bring to light costs that you may not have considered and will give you time to work out where necessary funds can realistically come from.
Create a budget - and stick to it
Creating a budget and sticking to it are essential steps to take to save money before your wedding. You can then allocate funds to each element of the wedding according to your own priorities - there are no rules, but remember, if you choose to spend a large proportion of the budget on the venue, it won't leave much for other essentials like catering and entertainment.
Consider your saving options
Many couples get married long after announcing their engagement and if you have enough time before your wedding day, saving a certain amount every month will keep you on track to ensure you can afford everything you want. Remember to consider various options when it comes to saving - putting £500 a month, for example, into a cash ISA for the year leading up to the big day could be an effective way to commit to saving, and will help you maximise your budget.
Do-it-yourself
There are lots of ways to make your budget go further by doing things yourself, in place of paying for professional services. For example, invitations and place cards can easily be printed at home, and if the design seems like too much work, templates can be purchased cheaply online from services such as Etsy. How about making your own favours and table decorations, doing your own hair and makeup, or even holding the service at your own home? Shop around, take inspiration from others and make it your own!
Call on your loved ones
Although many parts of a wedding budget are inescapable, there are many areas where your loved ones could help out. Every bridal party is sure to have a budding florist who could arrange the flowers instead of a professional, or keen bakers who could offer their own creations to a 'wedding cake table' to avoid wedding cake costs. Many will feel honoured and more than happy to play a part in your big day.
Most importantly though, don't feel pressured to fork out for things just in order to follow tradition - it's your day, so it should be how you want it at a cost that you are comfortable with.
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For more information on how to save for your wedding- click below:
https://sunny.co.uk/good-vibes/wedding-saving-guide/
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