As a wedding planner I get excited during engagement season every year. So yep I’m pretty much ecstatic from Thanksgiving to Valentine’s Day. Wedding experts at weddingwire.com say that about 40% of engagements happen during this time.
I can see why many couples get engaged during this time. There are so many festivities during those months and what better way to share such an important moment than with family and friends. I’m getting all warm and fuzzy just thinking about it. I would say as a bride it would be one of the best darn Christmas gifts ever or a great way to ring in the new year.
The first thing I hear most brides say is that they have no idea how to start planning their wedding. I tell all of my brides that you must determine your budget first, that’s not only the wedding planner in me talking but I also feel my inner accountant coming out.
Why Start with the Budget First?
Of course you can start with looking for your dress and venue, and even booking your favorite photographer. Those items are very important too. But what if you purchase your dream dress first and it costs $5,000. Later you and your fiancé decide your budget will be $45,000. You’ve already spent about 10% of your budget which doesn’t include alternations. In my budget analysis I typically allot roughly 6-8% on my bride’s dress. By creating your budget first, it should drive all of the other decisions you make in picking your vendors and items for your wedding. Your planner can use this information to help you find vendors that fit your style and price point.
How Do I Create My Budget?
Gone are the days when the bride’s family pays for the wedding. Often it is both set of parents, along, with the bride and groom themselves. I would start by:
- First determining how much you and the groom are able to save from now until you get married. But remember that most items will need to be paid 1-2 months prior to your wedding date, so you will need to consider this when deciding how much you will save.
- Next determine who else will contribute to the wedding including your parents, and even sweet Aunt Susie.
- Lastly, determine how much each will contribute.
- This should be your budget amount. Note I would not consider income taxes amount or bonuses at their full amount in case you don’t get what was anticipated.
Where Should I Spend My Budget Money?
Below is a breakout that I provide my clients. It is rough estimate and can be adjusted based upon your needs.
|Bridal Attire & Beauty:||11%|
|Flowers & Décor:||9%|
|Photo & Video:||12%|
|Invitations & Stationery:||4%|
|Favors & Gifts:||4%|
|Accommodations & Transportation:||3%|
There are so many details when planning your wedding which sometimes may seem a bit overwhelming. This is were a wedding planner can help you get started and navigate you through all of those details. It is very important to have the right planning tools and team in place to make the process seamless and enjoyable for you.
Our team would love to assist with your wedding planning process. Let us know how we can help you by contacting us today!