One of the most important aspects of planning a wedding is creating a budget. A wedding budget is a sole factor influencing everything – from the vendors, the venue, bridal wear, décor, and the number of guests to invite. But how do you effectively create a budget for your wedding? Here are some ideas you may employ in creating a wedding budget!
Breakdown The Budget
Breaking down your budget is the first step because it involves allocating percentages to the different aspects of wedding planning. Once you choose your budget, be determined to stick to it and prioritize the things that are most important for you to spend your money on.
Make A Spreadsheet
Creating a spreadsheet would help track your spending while planning your wedding. But, just like wedding planners, you’ll need to create a Google doc or an excel workbook.
You may classify each category according to item costs. And columns should be filled with information such as the vendor contract, actual cost, estimated cost, tips, and additional fees.
Estimate Your Guest Count
Your guest count can influence many decisions while planning your wedding. For instance, the size of your wedding venue can be determined by how many people you’re expecting.
A small backyard wedding won’t accommodate the large number of guests that a grand wedding will. The same goes for the amount of food your caterer will be presenting.
Look from the “per person” perspective and place your costs from that view. Your guest count will be responsible for the number of items to pay for, such as wedding favors, cake slices, rentals, invitations, etc. Your budget shouldn’t be a barrier to having the perfect wedding.
With Forever and Company, you’ll find experienced and professional wedding vendors that’ll work with your budget and ideas to make sure you get the wedding you’ve always dreamt of! Contact us today, and we’ll show you why so many couples love working with us!