If you like to plan, then you’ll love to plan a wedding. Down to the little details. It’s a big day when nothing should be left out. Listing out all the costs will give you a sense of control and help you prepare to make that day as perfect as it can be.
If you'd like a chat about better money management, you can call our help only line on 01-7715625.
Planning for the big day
Brendan and Colin wanted the perfect wedding. They had a good idea of their budget, but when they costed out every detail, they realised it was going to cost more than they had. Luckily they were planning well in advance, so they saved as much as they could by shopping more carefully, eating in, and skipping luxuries. They kept track of their goal and when they realised that savings wasn’t going to be enough they agreed a small loan to make up the difference, budgeting for the repayments in their plan as well. We’ve a simple tool that can help you work it all out.
Planning makes perfect
Think of all the things that you need for your wedding. The venue, the number of guests, catering, rings, the dress, photography and entertainment.
Keep a column for the costs, another for possible cash gifts and of course add a little buffer because there’s always the extra guest and the last minute run over in costs.
Weddings are expensive, but worth it. But rarely do we have the means to pay for it outright. Check your income against the cost of the wedding. Think of how you might make up any difference. Consider whether you might receive help from parents or cash gifts. Try to make these as concrete as you can before relying on them in your plan.
Saving for your wedding
Most people don’t have enough in their day to day budget to cover a wedding. All the while you’re planning, why not put money aside each month so you’ve cash ready when the day comes along.