just answer a few questions and you’ll have your wedding finances ready to go. by answering a few straightforward questions, you can create a wedding budget and ensure that you’ll stick to it throughout your planning process. instead, take the time to do some research—the weddingwire cost guide will provide you with the average cost of wedding vendors and services in your area so you can create a realistic budget with confidence. so sit down with your future spouse and ask: what are the one or two most important aspects of your wedding that you’re willing to splurge on?
have an open and honest discussion with your and your future spouse’s families to figure out who will be contributing and exactly how much money each is willing to spend. if you and your future spouse are paying for the wedding yourself, come up with a number that you’re both comfortable spending. now that you have determined how much you and any contributors are able to contribute to the wedding budget, it’s time to come up with a total figure you’ll be able to spend. you’ll have to divide up your budget so you’ll know exactly how much you can spend on each wedding vendor or item. just enter in the total amount of money you have to spend on your wedding, and the tool will help you split up your budget based on how much each vendor costs.
it might be the least-glamorous aspect of wedding planning, but establishing—and sticking to—a budget is one of the best gifts you can give yourself as a couple. and how much of that should be dedicated to food, flowers, the wedding venue, and the myriad other expenses that pop up? avoid the common pitfall of falling in love with a pricey venue, dream dress, and over-the-top cake before you talk numbers. though if you’re finding that your budget and your wedding plans are completely misaligned—your parents insist they must invite dozens of their friends but are only willing to contribute a small amount, for example—it’s time to discuss the reality of how far that money will go and either adjust the budget or the expectations accordingly. you probably don’t want to allocate half your budget to the band, for example—unless you’re okay with delivery pizza for dinner. however you arrange and rearrange your wedding budget, a good rule of thumb is to spend no more than 40% of the overall budget on the venue, food and alcohol, combined.
even the little things seriously add up—which is one reason it’s wise to keep a “miscellaneous” fund that’s around 5% of the overall budget. at this point, you may decide that there are some things that you want to stretch your budget for—that amazing dj your friends hired, or a top-notch videographer. or your parents might find that they can’t bear a wedding without an open bar for the entire event and are willing to foot the extra bill. many vendors will be willing to work with you to customize a package that suits your budget. chances are the florist will work with you to tailor a package for your budget. if you have a good attitude and are flexible, you can probably work something out with any vendor.
5 crazy-easy steps to creating your wedding budget step 1: count your cash step 2: track your spending step 3: prepare for surprises step 4: your outfits are key components of your overall wedding budget. our data shows that couples typically slot 6% of their budget on their attire. steps for setting your wedding budget ; 3. declare your drop dead, maximum spend. 4. decide how much you’ll need to save over time. ; 5. have “, wedding budget calculator, wedding budget calculator, wedding budget template, wedding budget breakdown $20,000, $20,000 wedding budget for 150 guests.
break your budget into percentages 40% for the venue and catering ($7,600) 10% for furniture rental ($1,900) 10% for photography ($1,900) 10% for flowers here’s a fee many forget to budget in: the marriage license. this formal piece of paper is what makes your marriage legally binding. you need, wedding budget breakdown $10,000, wedding budget breakdown $30,000.
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