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Tips to Plan Your Wedding Budget
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Think of wedding and the thing that comes to your mind is jewellery, wedding attire, music and dance, fun and frolic and lavish spreads. Weddings are undoubtedly one of those few events that make you feel really special and broke. A wedding in your family can cost you a bomb and leave you financially stressed out if it's not planned properly in advance. Yes, definitely it also depends on how simple or lavish the wedding is. But, we would still recommend you to plan a proper budget well in advance. Here are some tips to help you plan your budget...
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In some weddings, the bride's family pays for the entire wedding, while in some, both, the bride and the groom's family share the expenses. Based on who pays for what, a budget can be drawn up.
Guidelines For Planning a Budget
* Make a list of the funds available and determine how much you are willing to spend on the wedding
* If the money saved falls short, determine how much financial aid would you need and the sources of financial aid
* Set priorities. Decide what you'd like to splurge on and things you can do without. Based on this, draw up your budget.
* Set a realistic budget. There's no point in drawing up an unrealistic budget. It'll get you nowhere.
* Distribute the budget. Draw up a list of all the important things that you would need for the wedding and plan how much you intend to spend on each.
The Engagement Ceremony
In most families this ceremony is celebrated prior the wedding. The major expenses involved in this ceremony include:
* Rent for the venue
* Invitations and postage
* Food and beverages
* Bride's / Grooms attire
* Jewellery and gifts
* Transportation
Track your budget Budget For the Wedding
Track your budget with this worksheet that you can take a print of. The worksheet takes into account expenses for the ceremony and reception, the stridhan, bridal and groom's attires, gifts for all the family memebers, friends and relatives, invitations, transportation, accommodation, flowers, decoration, music, etc. You can use this fine print to:
* Refer to the budget at every stage and refrain from straying much
* Keep track of quotes, deposits, dues etc.
* Add or delete items from your budget as per your needs
Planning for a wedding is exciting and pretty stressful. So, to make it a memorable occasion make sure you properly plan and organise a budget.
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