Weddings are expensive. Not quite student loan expensive, but on average, a little bit over a new car expensive. This can make a lot of couples pretty nervous about what comes after the vows, as starting your new life together in a considerable amount of debt is no fun task.
However, contrary to popular belief, you don’t have to spend a ton to have a special day. As a matter of fact, you might enjoy your time even more. That’s why I’m giving you a few tips to consider when planning your wedding on a budget. Check them out below:
Table of Contents
Look Into Repairing Your Credit
As your credit is going to dictate the financial freedom you have, it’s important for you and your significant other to get your finances in order, so you don’t start your marriage in the hole. After all, there are plenty of ways to avoid wedding debt, especially if you’re frugal with your spending. However, before we can talk about what you can spend, we first have to assess where your current debts lie and how much more you can incur.
Get together with your finance and write down what your current debts are, as well as recurring expenses. Next, ask yourself how long you’d be willing to pay off everything, including the honeymoon. No one wants to be stuck on a mountain of debt due to impulsive decisions to make your wedding day perfect, so it’s best to handle all of this beforehand to relieve stress.
After you’ve decided what you can afford, it’s time to start searching for deals, with online being one of the best methods. Particularly when it comes to getting your bridal gowns and other clothing items in order, buying online will help you save tremendously. Plus, this is an excellent opportunity to knock out some staple items for your closet at a low cost. For example, go for a nice pair of men’s boots that will last you a lifetime. Try checking out sites like Taft, who offer affordable classics that are versatile with your entire wardrobe. Doing so can help you maximize the value of your wedding tenfold.
Thrift Stores Are Your Friend
Perhaps one of the greatest hacks to saving on decorations, jewelry, or even pieces of your outfit has to be the thrift store. According to ThredUp, this market is huge, valued at around $18 billion, which is a pretty significant figure when you consider the vast majority of those items are second-hand. However, if you know what you’re after, this can be the perfect strategy to knock out some shopping for cheap.
Make a list of the items you might need for the wedding that includes decorations or apparel. Keep in mind the aesthetic that you and your significant other are going for with the ceremony, as this will be your cursor to ensuring you don’t overspend. Finally, if you find something you like in your price range, go for it regardless if you think it fits or not. The purpose here is to make you and your significant other’s happiness a priority, so what makes you all the most excited should come first.
Ask Around To Friends And Family
Believe it or not, one of the best ways to save money on your wedding is seeing what resources your friends and family might be able to contribute. As many of us know how expensive getting married can actually be, you’d be surprised who might know someone with a farm or venue you could get for free or at a discount. In fact, according to Value Penguin, the average venue costs around $13,000, which even cutting that number in half could take a tremendous amount of weight off your shoulders. There’s no shame in this method, as you might end up having the time of your life in such an intimate setting.
Buy In Bulk
Finally, if you can afford the upfront costs, buying certain items for your wedding in bulk can be a great money saving technique. However, to be efficient at this, you need first to do the math on how many guests you’re going to have versus how much each person will cost. For example, as Epicurious notes, most caterers estimate each guest drinks half a bottle of wine per hour, which you should use as a foundation to calculate the overall total. Additionally, going with food that’s served buffet style could also be a great way to take care of food in bulk. All-in-all, your best bet is to sit down with your significant other and try to decipher what details you want to knock out in large amounts.
What are some strategies you’ve used to save on your wedding? Comment with your answers below.