How to save thousands of dollars on a wedding

Getting engaged is undoubtedly a reason to celebrate. But once the excitement wears off, many couples face the challenges of saving for their wedding. Nowadays, the cost of wedding is too expensive especially those who live in major cities.

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Save for your wedding

Saving for a wedding is often a matter of careful planning and prioritising. There are some ways to do it.

The first step is to come up with a budget that is realistic. Before you are able to start forming a plan, never mind spending, you have to know what you can afford in total. Begin by looking at venues, meeting with vendors, and collecting pricing info. If you have friends or family members who have married recently, have a chat with them and listen for tips on how they have budgeted their wedding. They will be able to pinpoint the mistakes they made while planning, and you can learn from their experience.

The most common wedding cost categories are venue, photographer, band, florist, and so forth. The next step is for you to break down your cost by category and prioritise the categories that are most important to you. Once you have all of your numbers, add up your anticipated costs to come up with a grand total.

Next is to establish a savings timeline. The average engagement lasts 12 to 14 months. With this timeline, you can have a fair amount of time to save money for the big day. That said, it’s important to map out a savings timeline to ensure you stay on track. Create a deadline schedule, and stick to it, no matter what. There will be times when you feel there is plenty of time left, or that small simple tasks feel senseless so long before the wedding.

Wedding is an especial life event that normally requires a lot of money to make the event more meaningful for your loved ones. So if you want to learn more tips on saving for your wedding, read this:

Monday, April 8th, 2019 Perth News