Creating the perfect wedding budget is one of the biggest challenges that newly engaged couples must face. No matter who is footing the bill for the big day, you will have to consider all the little details in order to control your spending. Or else, you or your fiancé can end up spending more than what is necessary. So how to create a perfect wedding budget for you? Below are some of the things that you need to keep in mind.
Create a Clear Vision
One of the first things that you need to do is to create a clear vision of the kind of wedding that you would like to have. Make a detailed list of everything you think you will need in order to realise your vision. Ensure that you don’t leave anything out as minor details can add up.
You don’t need to write down the cost of each item yet. You should include in the list even the things you think you won’t be able to afford. Show your list to family and friends and ask them if you have left anything out. If you have a wedding planner then be sure to ask his or her assistance in this initial stage of the budgeting process.
Determine Total Spend
The next thing that you need to do is to determine what your total budget will be. If you are paying for the wedding yourself then you should determine the amount that you are willing to spend for your dream wedding. If someone else is paying, then ask them how much they are willing to provide early on so that things don’t escalate beyond expectations. Use the list you’ve worked on to help you determine your budget or your parents/in-laws budget.
Revisit Your List
With the knowledge of your total budget, you can now go back to your list. This time you should set priorities to make sure that the essential items on the list will get proper allocation. You can then add or delete items on your list depending on your total budget.
This is how to create the perfect wedding budget for you, whether you want a small wedding venue or a large one.