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THINGS TO KNOW WHEN SETTING YOUR WEDDING BUDGET

Talking about the budget for the wedding celebration can be awkward for some people. However, having a set budget as a foundation is crucial for the successful planning of this important event.

The total amount to invest in any event will always depend on various factors that must be considered when making decisions. In this article, we are going to tackle three of these elements.

GUEST LIST

The guest list is well known as one of the most effective methods to control the budget of any type of celebration. Each guest represents an expense within the budget allotted to the celebration, which extends beyond the catering and beverage service. The increase or reduction in the guest list also impacts rental items (tables, tablecloths, napkins, chairs, etc.), table décor, stationery, and even details as simple as the size of the dance floor, whose cost depends on its size, and others.

The guest list is essential in determining the expenses you will incur for your celebration, so it is important not to procrastinate on creating this list, even when it may be a bit stressful.

Wedding planning

VENUE

When considering a destination wedding, keep in mind that prices can vary significantly from one country to another, so it is not advisable to base your budget structure on prices you are familiar with in your home country or place of residence. Prices may even differ between venues within the same area, especially if the location you’ve chosen is trendy for this type of celebration. In the same vein, it is critical to research the applicable taxes in the destination country you’ve chosen, as this is an expense that will affect your budget.

In addition, it is essential to pay attention to the policies, terms, and conditions of the venues that you are considering for your celebration to identify any additional cost that may have to be incurred later and prevent those costs from arising unexpectedly.

AMBIENCE AND DESIGN

When it comes to wedding design and setting, you can now find a wide range of ideas for all styles on social media. However, when deciding on a style for your celebration, keep in mind that some styles require a greater investment than others.

If you’ve already decided on a budget for your wedding and aren’t willing to stretch out a bit more than the set amount, it’s important that the inspirational pictures you choose fit within that budget. This will prevent you from creating a vision for your event that is far beyond what your budget can cover and ending up with a plan that you are dissatisfied with.

We have mentioned only three of the factors that we must carefully consider when establishing a wedding budget, however, there are other expenses that can make a big difference in the budget, depending on your choices, which we will discuss in future posts.

The following contains some tips that can assist you in properly managing your budget:

  1. Prepare a list of priorities, in which you will write down in order of importance all the elements and services necessary for your celebration.
  2. Check carefully to see what amenities are provided by the location you have selected or are considering. You’ll no doubt discover some interesting items that you can use for your event without spending any additional money.
  3. Do not hesitate to ask everything you need to know about any service you need or would like to have. No matter how insignificant or silly the question may seem to you, if you have a doubt ask without inhibition. It is very important that you do not have doubts when approving the services that you are going to acquire and, above all, to know how this decision will affect your budget.
  4. Take a look at your guest list, and if necessary, think about hosting an intimate celebration. You can have the celebration of your dreams without spending excessive money if you have a reduced guest list.
  5. Selecting a location that complements the aesthetic and style of your event will help cut down on the amount of decor the event space will require.
  6. Be open and honest with your professional wedding planner when discussing your available spending limit. You’ll be able to get better advice this way, and you’ll also have a lot more fun with the planning process!
  7. Trust your professional wedding planner, and brainstorm with them while remaining open to ideas to consider the specifics that can help you achieve a great outcome within the constraints of your budget.

Your vision and expectations for your wedding celebration will always influence how much money you will spend on the celebration itself. Remember that it will be crucial to prioritize the importance of every aspect of the celebration, as this will enable you to decide what you can and cannot change in the event that you need to shift your budget.

 

By searching the internet, you can find different templates for budget breakdowns, however, experience has shown us that different couples have different priorities for their celebration. It is important that each couple sit down to discuss what their priorities are and share this information openly with their Professional Wedding and Event Planner.

What are your top three priorities for your wedding celebration? 

We would love to read your comments!

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