The most effective way to build a budget is to work with a spreadsheet program on your computer. Once you know what your top priorities are, you can start developing a detailed budget. If the ceremony venue is most important, then money should be set aside to pay for your dream location. To develop a budget that reflects your personal tastes, you need to know which aspects of the wedding are most important for you. Once you know how much money you can spend on your wedding, the next step is to set priorities. Make sure your expectations are realistic and align with your budget. For example a ballroom wedding with 400 guests calls for a very different budget that an afternoon gathering with fifty guest. This can give you an initial budget amount.Ĭompare the desired wedding style to your expected budget. Your possible sources include: savings accounts, bride’s family, groom’s family, friends or closes relatives contributing wedding services in lieu of gifts, credit cards or bank loans. Traditions used to dictate that the bride’s parents paid for most of the wedding expenses but nowadays we know that things can be different. Here some tips that I hope help you:īefore you decide how much money you can spend you will have to decide where the money is coming from. Remember, once the budget is set, you must keep track of where the money is coming from and where it’s going. These tips apply from the smallest backyard party to the most lavish ballroom you will use the same approach. Our excel spreadsheet will give you a wedding budget breakdown do you can just update your information. Creating a wedding budget is not an easy task, but it’s important that you keep your finances on track. Setting the wedding budget is one of the five first steps to get started with your wedding planning.
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