Setting Your Wedding Budget

Setting your wedding budget is a very necessary part of planning your wedding. If you sit down now to figure out the financial end of the wedding plan, you will save yourself, your spouse and your family undue stress. It is best to put it in writing so that it can be a reference for each step of the planning. Don't think that a budget cannot be flexible, it can. It is a guideline that keeps your spending in check, but it can be manipulated as you see fit.

Many couples start their life together with unnecessary debt incurred for the wedding. This is NOT wise. Financial stress can be avoided and SHOULD be avoided. It is not the wedding itself that truly matters, but that the two of you are getting married. With that said, stick to what is really important to you and the rest really won't matter, especially once the "I dos" are said.

The first step to a budget is to figure how much money you will have to work with. How much will you and your fiance' be able to afford without going into debt? How much will your parents be contributing? How much will his? Is anyone else contributing? Add it all up and you have your budget total to work from.

Setting your wedding budget is made simple by using a chart. It keeps you organized and on track. It would be wise to keep this chart in your notebook as mentioned in another article. This next tip is very important! You must keep track of EVERY expense. If you do not, the little things that you buy here and there will come back to haunt you. These do add up, and they add up quickly. Don't waste money you don't have. Keeping track of everything you spend on the wedding will give you a clear picture of what's REALLY going on.

After looking over several budget examples on the web and in bridal magazines, it seems that the following percentages would be acceptable for setting the wedding budget:

Wedding Attire 10% to 12% 
Flowers 8% to 10% 
Invitations 4% 
Photography 5% to 10% 
Reception 50% 
Additional Expenses 6% 

To keep a small budget is to think smaller, more intimate, and meaningful. Many a bride has spent an exorbitant amount of money to simply regret it later. Spend what you must, but think about where that money may be spent more wisely. Perhaps a down payment on a house, or paying off some debt that could possibly burden you later, or even on the honeymoon. Carefully consider your spending and spend it where you and your fiance' are most comfortable.

Setting your wedding budget is a very important first step to planning your wedding, so work on it pronto.

This is one of the best little wedding organizers! And once your wedding is said and done, this will serve as a keepsake. It has ample room for organizing all the many things that you will have to keep track of.

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