How To Create A Wedding Budget?
One of the biggest topics we get asked about it “How Do I Create a Wedding Budget? “ Couples are curious about “what are some of the best ways to save money when it comes to planning a wedding?” We love helping our couples see if with a little planning and some help from professionals in the industry, you can have a dream wedding without breaking the bank.
First let’s talk about why establisihing a wedding budget is important. After talking with some of our couples in all the stages of planning including right at the beginning, during and after these are the things we found.
Why Do I Need A Budget?
Guides Decision-Making: A well-defined budget helps prioritize expenses, ensuring funds are allocated to elements that matter most to you. You talk about the things that are most important to you in creating an unforgettable experience. If you both love to dance, then a DJ is something you will want to spend money on, if you love some amazing food— then you might want to spend some extra on a platted dinner.
Prevents Overspending: Setting spending limits for each aspect of the wedding keeps finances in check and reduces the risk of debt. Once you decide on the important things, creating an overall spending amount is where to begin. Do your research to check out the average cost of the type of vendors you are wanting to have.
Facilitates Vendor Selection: Understanding your budget aids in selecting vendors and venues that fit within your financial plan. This is where you might want to allocate fund to specific categories that are important. Essentials like attire, dress, catering and. venue. Then have category for additonal such as extra entertainment options, decor and favors.
Next let’s talk about the next steps in creating the budget.
Where is the money coming from?
Some couples plan their wedding dates way out in advance so they can begin saving for all the things they want. Some have family members willing to help. This use to be a traditional thing but now most couples are paying for everything on their own.
GUEST COUNT: How Does It Affect Your Budget?
Everyone talks about guest count. This has a huge impact on budget too! The number of guests influences expenses for catering, dessert and even the venue size needed.
Prioritize Invitees: Create a preliminary guest list to gauge numbers and adjust based on your budget constraints. We always tell the couples to think about it as the first column whether it’s 25, 50 or 100 guests, these are the guests I can’t imagine getting married without them here. Next would be extended family, maybe some firends you don’t talk to often or some of your parent's friends etc.
Let’s Talk About Venue Selection:
Selecting a venue that offers comprehensive packages can significantly aid in budget management. The Postmark, located in downtown Chillicothe, Ohio, is a prime example of such a venue.
Key Features of The Postmark:
Historic Charm with Modern Amenities: Housed in a beautifully restored former post office, The Postmark combines classic architecture with contemporary facilities.
All-Inclusive Packages to Build Your Own Packages: To simplify budgeting, The Postmark offers packages that encompass essential services, potentially reducing the need for multiple vendors. You have the ability to build the perfect package to match your budget AND your needs/wants! Learn more about the wedding packages here.
Versatile Spaces: Accommodating both intimate gatherings and larger celebrations, the venue provides flexibility to suit various guest counts and event styles.
Dedicated Coordination Team: Their experienced staff assists with planning and day-of coordination, ensuring a seamless experience.
By choosing a venue like The Postmark that offers bundled services, couples can streamline their planning process and maintain better control over their budget.
Creating a wedding budget is a crucial first step in planning your special day. It provides a financial framework that guides your decisions and helps ensure that your wedding reflects both your dreams and your financial reality. By thoughtfully allocating funds and selecting venues that offer comprehensive services, you can craft a memorable celebration that stays within your means.
Thank you for stopping by our blog! We hope that you will consider hiring a locally owned wedding venue for your big celebration. Locally owned wedding venues provide the best wedding experience, they tend to have little to no turnover, they support the local economy and they are part of the community. Choosing a locally owned wedding venue means the world to our small owned wedding venues. In an effort to support locally owned wedding venues, we will feature five small business wedding venues in each of our blogs. Here are just a few we love and support:
Willow Oaks Wedding Venue , Pleasant Pasture Events , 1908 Grand Events , The Barn at Twiggy’s , Yellow Brick on 39 , Celestial Farms 22