5 tips to make your wedding budget go further

5 tips to make your wedding budget go further

1. Get the maximum interest on your wedding savings

If you’re saving up to get married, or perhaps your parents have given you some money, make sure you maximize the interest. Don’t have the money sitting in an account and making no money

2 Stick to your budget.

Once you know your budget, then work out how much you can actually afford to spend on different areas and prioritise what’s important to YOU.

Write down all the things you need to spend cash on – from cakes to cars, rings to registry office fees. Always keep in mind that you don’t need to stick to convention or have everything you’re told you need. Discuss what’s most important to both of you. You may fancy a funky themed wedding cake, but would you prefer a honeymoon abroad? Or a Lumina Selfie Mirror? http://www.wearelumina.co.uk  Remember, leave room for contingency too.

Whatever your budget is, whatever you think you’re going to spend, budget for at least 10% more.

3 The Venue

The venue usually creates the biggest dent in your budget. So get this right and you’ll be on to a winner. Pick an unpopular day. Fridays or Sundays can cut the cost of the reception venue by up to half – Mondays, Tuesdays, Wednesdays and Thursdays by even more. Discounts are often available for photographers, florists and registrars as well.

Fewer guests may be able to attend if you pick a weekday – though that in itself can be another way to keep costs down. Major savings are also possible on winter weddings due to fewer bookings being made then.

4 Check everything’s included – especially VAT

Some suppliers have more hidden charges than you would not expect – So before booking, ask as many questions as possible and get important answers in writing.

Below are some of the key questions to ask before selecting your venue.

Crucially, does the price include VAT?

How much is corkage?

Are there any extra staff costs and is service included?

Is there a marquee hire charge?

Is there a charge for tables, crockery, glasses, linen or chairs?

Will we get exclusive use or are there other weddings there on the same day?

If it’s a hotel, does it give reduced room rates for guests?

5 Don’t invite to many people.

Think very carefully about your guests. The numbers soon add up: 100 sounds a lot, but it’s only 15 members of each person’s family, then 10 friends each with partners. Narrow down your guest list. Stick to close friends and family. And if you want to invite more, just do it to the evening disco.

Work out what’s more important to you – a great looking dress or including ex-colleagues?

5 tips to make your wedding budget go further