Weddings can be an expensive affair, and the costs can quickly add up. However, with a little creativity and careful planning, you can have your dream wedding without breaking the bank. In this post, we'll share seven money-saving tips to help you plan a beautiful wedding that fits within your budget.
7 Things to Consider When Planning a Budget-Friendly Wedding
Set a Realistic Budget
Before planning your wedding, sit down and decide how much money you can realistically afford to spend. Doing this will help you stay out of debt and ensure you don't overspend. Knowing how to handle finances in a relationship is important before tying the knot, and setting a budget will help you avoid the negative effects of expensive wedding.
If you need a little more help in this area, I highly recommend the book ‘I Will Teach You to Be Rich’ by Ramit Sethi - it’s a brilliant resource to help get a grasp on your finances.
2. Create a Savings Plan
Once you know how much money you can realistically spend, create a savings plan. This will help you understand how to save per month for wedding and ensure that the money is there when it's needed.
Consider setting up an automatic monthly transfer from your checking account into a designated wedding fund. A sub-savings account is also a great way to ensure you don't accidentally spend the wedding money on something else.
When considering how to save per month for wedding, look at areas in your life you can cut costs. This could include canceling unused subscriptions, dining out less, or limiting takeaway coffees. These small savings can add up quickly!
However, cutting out certain things can be difficult when you’re already used to them. To help, another book I highly recommend is ‘The Compound Effect’ by Darren Hardy. This book is an amazing tool for creating good habits that help you move in the right direction - including saving for a wedding!
3. Manage Your Priorities
It’s easy to get carried away when planning your dream wedding. The internet is full of wonderful ideas for making your big day special, but do you really need all of them?
When planning a budget-friendly wedding, managing your priorities is key. Make a list of the most important aspects you want to include, and then focus on those. This will help to ensure your money goes towards things that mean the world to you.
For example, consider what will matter most to you on your wedding day and the years following it. You will wear your wedding ring daily but won't always look at your guest favors. The same goes for your wedding photography. Once the big day is over, all you'll have are the memories to look back on - which means investing in a skilled wedding photographer is important.
It's things like choosing a quality ring or opting for a wedding photographer to curate a beautiful heirloom wedding album that is worth the extra money for most couples.
4. Choose a Non-Traditional Venue
Choosing a non-traditional venue is a great way to save money on your wedding. When most people think of wedding venues, they imagine a traditional banquet hall or hotel ballroom.
However, many other options can be just as beautiful while also being more affordable - such as:
Outdoor locations: Outdoor weddings can be stunning and cost-effective. Consider a park, beach, or botanical garden for your ceremony and reception. Not only will you save money on venue fees, but you'll also have a beautiful natural backdrop for your wedding photos.
Historic buildings: Many historic buildings, such as museums and libraries, allow weddings and events. These venues often have beautiful architecture and unique features, making them a great choice for a non-traditional wedding.
Private homes: If you or a family member has a beautiful backyard or garden, consider hosting your wedding there. This can be a great way to save money on venue fees while adding a personal touch to your wedding.
I’ve had the chance to photograph many gorgeous weddings in various settings. Take a look at my wedding portfolio to get some ideas for your own special day! My list of the top Bay Area wedding venues is also a great source of inspiration if you’re getting married in the area.
5. Limit the Guestlist
I know narrowing down your guest list can be hard, but this is one of the best ways to save money. The more guests you invite, the higher your catering costs will be - and these costs can be significant. Consider limiting your guestlist only to include close family and friends, where possible.
6. Shop Around for Vendors
When budgeting for your wedding, shopping around for vendors is key. Look online and compare prices - you may be surprised at how much you can save by doing this. It's also important to read reviews when selecting vendors. This will help to ensure that you choose one with a proven track record who will provide quality services and products.
Remember, quality and budget don't have to be mutually exclusive. Don't let price be your only consideration when selecting vendors. Skills and experience are just as important - if not more so.
7. DIY Your Decorations
Flowers, centerpieces, and other decorations can add up quickly. To save money, consider making your decorations yourself if they are not a priority. Of course, there are so many talented florists and decorators who can create something special for your wedding - but DIYing the decorations yourself can help with budgeting and avoid the negative effects of expensive wedding.
You Deserve a Beautiful Wedding
The most important thing to remember when learning how to save per month for wedding is that you deserve a beautiful and memorable experience. Don't be afraid to splurge on what will make your wedding special and unique. Investing in a quality photographer or finding a great caterer can truly be worth the extra money.
If you're looking to make sure your wedding memories last a lifetime, then look no further than hiring me as your wedding photographer. With my expertise, I can help you capture every moment and emotion of your special day. Contact me today to get started!