Planning a wedding and honeymoon is not only tiring but an expensive deal. Sometimes, it can get too much to handle but if you follow a few tips, you can easily master the art of planning the whole ordeal and your budget. It’s very important to have an idea of how much one can spend on this beautiful affair and keep track of the spending. Therefore, here are some tricks from Sara Margulis, CEO of Honeyfund.
Paint a Picture in Your Head
Before anything else, the first step is to get an idea of what kind of wedding you want. Margulis recommends having a detailed discussion with your other half about how to plan your dream wedding. Before the money talks, try looking for some answers, like if you have a dream location if you want a formal dinner or just a reception, and if you have a honeymoon destination in mind. First, figure out the answers to those questions, note them down, and then worry about the budget.
Finances With the Fiancè
The next thing that needs to be taken care of is the finances. How much savings do you have as a couple? How much more can you save before the wedding? Do you want to take care of all the expenses by yourself, or are your parents going to contribute? Choose a figure that works for everyone, and make sure to set aside extra money for your honeymoon as well as other unexpected expenses because there will almost always be some and you don’t want to panic on your D-day.
Automatic Transfers Are Always Helpful
A question that comes to everyone’s mind is: what is the simplest approach to saving money each pay period? Well, according to the expert, decide on a portion of your earnings that you wish to save and make sure that it is transferred automatically into your savings account. In this manner, one can avoid the temptation to spend it on their bachelorette weekend or on something that may not be necessary.
Have a Detailed Budget
Sometimes, losing track of money is very easy, especially if you have a lot going on in your life. To make sure you’re paying for all the necessary expenses, use a budget calculator. Adjust the percentages and quantities until they match your overall budget. Also, keep in mind the priorities you listed in step one. Play about with your budget so you may set aside a little extra money to pay for that fantastic band. Don’t try to spend your entire budget right away.
Set Up a Honeymoon Fund
Even though you’ve already saved some money for your big vacation, you can use your honeymoon fund as an additional source of funding to make this the trip of a lifetime. Be it a candlelit supper on the beach or an upgrade to first class on the trip, start planning early and make a list of all the exciting things you hope to do. This way, you can both enjoy participating in your fantasy vacation. Bonus tip, always keep some money aside for an unplanned shopping spree.
Cake? Check. Dress? Check. Invitations? Check. You might have already started your wedding checklist, or you could still be at the very beginning. Whatever the case, this is the ultimate checklist for wedding decorations.
Ceremony Decoration Checklist
Although it’s the most significant part of the day, your guests will spend the least amount of time at the ceremony. That means you can save a few bucks on the decorations. Some things to remember are decorations for the altar, anything you want along the aisle, and a welcome sign. Some couples also opt for programs for each of their guests and an aisle runner.
Table Decor Checklist
Centerpieces and table numbers will take center stage when it comes to your wedding table decorations. From there, it’s time to think about any name cards you need, tablecloths, and extra drinkware if you want to match this to your theme. Just don’t forget the chair decorations for the bride and groom. After all, you need to sit in style after your big day, right? You can save some money on flowers by decorating the cake table with your bridesmaid’s bouquets if you like.
Reception Decoration Checklist
This is where your guests will spend most of their time. So what wedding decorations do you need? Lighting and a dance floor are two crucial things to remember. Then, it’s time to think about any hanging decorations, signs you may need, and a potential lounge area for people to chill out. You may even want to invest in a backdrop to use behind the head table.
The ultimate checklist for wedding decorations means you should have everything covered when it comes to decorating your big day. It’s best to think about where our guests will spend most of their time when you’re dividing the decoration budget to ensure you spend your money wisely.