A wedding is undoubtedly one of the most special events in anyone’s life. While it can be a really memorable occasion, it is also an expensive one. If you are planning your wedding, the following tips will help you save money. If you are still falling a little short on cash after implementing these tips, you can apply for a personal line of credit for marriage.
Create a well-defined budget. Determine how much you can afford based on your savings and ensure you set the absolute maximum budget. Make a list of all the expenses you can think of — venue, dress, band, etc. Ensure that you have a buffer of 5%-30% of the budget for unforeseen and last-minute expenses such as additional tables or extra decorations. Remember to stick to the planned budget. If the expenses are slightly higher than your budget, consider taking a marriage loan.
You can send electronic invitations for free or email the save-the-date reminders to save money on invitations. If you don’t want to invite electronically, you can opt for DIY invitations. Download a template and print them at home. You can save a lot compared to choosing a professionally printed invitation suite.
A wedding dress can potentially set you back by thousands of dollars. If the idea of spending a lot of money on a dress that you would wear just for a few hours bothers you, you can consider renting a dress or buying a second-hand dress. There are several businesses that rent out beautiful wedding dresses from well-known designers or sell second-hand dresses that are as good as new.
However, if the idea of renting or buying second-hand wedding dresses doesn’t sound appealing, you can cut costs on accessories and pieces like a veil or headpiece.
- Dates and Venue Options
Popular wedding dates come with a higher price tag, so pick a date that isn’t too popular. Also, the weekends are highly sought after as compared to the weekdays, so it would be a good idea to have a weekday wedding.
You can consider a non-traditional venue such as a brewery, vineyard, restaurants or a vacation house to cut costs and give your wedding guests a unique experience. Places that don’t cater to weddings are more affordable than traditional choices. Ensure that the chosen venue is capable of handling a large event and accommodate your guests comfortably.
Consider different meal options and finalize the one that fits your budget. You can choose between a seated and plated dinners, buffets or family-style stations.
Having an open bar that comprises an elaborate spread of liquors can be expensive. Rather, stick to just beer and wine to save money.
Saving money on your wedding doesn’t sound romantic in the least but doing so will benefit you in the long run. Money saved on the wedding can be put towards other financial goals like buying a house or kids’ education. You can consider a marriage loan to fund your dream yet cost-efficient wedding.