Budget Mistakes You’re Making While Planning Your Wedding

There are so many blog posts about budgets (like this one or this one). Every couple I talk to asks how they can stay on budget or what I estimate their wedding to cost. Weddings are expensive. There’s no way around it. Even if you are being cautious. But when it comes down to it, there are standard mistakes couples make when they plan their wedding.

lasting events, budget mistakes you're making while planning your wedding

  1. Not discussing your budget before getting started. in order to stay on budget you need to know what your budget is. Discussing when the bills start coming in, is too late in the game. I know that the conversation about money is hard, especially when you are asking parents what they might contribute, if at all. But, knowing what you have to work with will help guide you to the right vendors, guest list count and keep you on track.
  2. Not keeping track while you’re planning. So many couples know what they want to spend and then stop keeping track as they are spending it. Without keeping track, it’s easy to spend over and be in debt after your wedding is done. A simple spreadsheet is easy to set up and easy to help keep you on track.
  3. Thinking DIY is cheaper than hiring a vendor. Oh I hear this so much from brides. “I will make my centerpieces to save money.” Chances are you won’t save money. By the time you buy all the stuff you need, you are likely close to what you would spend. On top of that you have to factor in your time. It takes so much time to make favours, centerpieces, invitations, or whatever it is. Half way through, most brides tell me they are crazy for everything thinking of doing it and then they resent it and speed through it because they are running out of time. Easier options are there. Talk to your florist about how you can use your flowers for both the ceremony and your centerpieces. Or talk to your decor company for a different option if that many flowers are out of the question.
  4. Doing too much. Pinterest is amazing for ideas. It builds your guest experience, your style and your design. However, doing all the things you have pinned will blow your budget up really quickly. Pick one or two things and simplify. Your guests will still think everything is amazing and won’t know what you didn’t include because of cost.
  5. Expecting to make it all back in gifts. Will your guests give envelopes filled with money to you ask a wedding present? Of course! Should you expect it is enough to pay off your wedding (or even make a bit more)? NO! In proper etiquette, gifts are not required by guests. Even worse, would you expect your guests to give you a fist full of money if they were coming to your house for dinner any other night? Probably not. So spend what you can afford and don’t expect to make it all back.

Budgeting is hard. no question. But remember, your wedding is about your love and commitment to each other, not about money.

Thanks,
Mal

Want help staying on track and planning on a budget? Let’s chat about how I can help you.

Photo: Calvin Frank Photography
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