Weddings are not only a very stressful time for a couple, but it is also quite an expensive thing considering the venue, dresses, and wedding tent rentals. Here are some tips which will help you manage your wedding expenses better.
Make A List
This is probably the easiest way to get a wedding brain dump all on paper. You will need to write every single thing that needs to be done at your wedding. Try to keep it very general and add all of the things which come to mind. After you have listed down the things you need for your wedding, you will get a good idea of what you have to spend it on.
Try to allocate a chunk of cost to each of your items in the list and add it at the end to get a total. This is a very lazy and quick way to make a wedding budget, without having to break out the scary spreadsheets.
Downsize Your List
Now comes the important part. You will need to see all of the things on your wedding list and you need to really focus on the things that need to be on the list and cancel out all of the others. The best way to do this is to first allocate a chunk of money to each thing on your list and then total it. Then when you go and cut things off from the list, you can simply subtract the cut or canceled amount from the total amount. This will downsize your budget a lot.
Make A Note On What You Are Spending
Tracking is a very important thing to do, especially with expensive occasions like weddings. You can easily get carried away with the swing of things and you will spend a lot more than you actually need to. This is why you need to keep a close eye on what you are spending. Make sure to take advantage of sales and other promotions, because this will help to save a lot of money and it will also get you good deals on stuff.
Have Some Emergency Cash
An emergency is likely to occur, especially in a whirlwind of an event, which is a wedding. You will need to take some cash out of your budget and keep it for a rainy day, literally. You never know when some sort of emergency can knock your plans off balance and this will be very detrimental, especially if you don’t have some savings locked away to use for these desperate times.
Try to be responsible and save some money for those unexpected emergencies which can pop up any time during wedding planning, execution, and even on the day of the wedding. You want to be prepared at all costs.
Don’t Go Too Overboard
A wedding is supposed to be fun, not financially draining. You will need to set some boundaries on what should and shouldn’t be at your wedding. Things like extravagant décor and food are unnecessary because it is a waste of food and not to mention, a lot of money.
You want to keep it elegant and simple. This doesn’t mean that you can’t spend money on good food and décor at all. You can choose smartly about the things that you need for the wedding. Try to go for things that are not overly pricey or too cheap either. Staying in the middle for choosing wedding vendors and items is your best choice.
Know The Expenses
Last but not least, you should know the general expenses which follow around a wedding. You will need to go to different people and vendors and find out what they charge for their services. You will need to be good at negotiating prices with wedding vendors, especially the fares and services they are providing. This is why you need to visit different people and places and find out the best vendors which offer the best prices and services which are essential for your big day.
There you have it! Make sure that you look for an affordable venue and wedding rental packages Damascus MD so you are not broke after your wedding and it will also help to stay on top of all things finance.