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“Wedding Savings Advice & Tips On How To Plan A Frugal Low-
SIZE OF WEDDING
SIZE OF WEDDING & BUDGET
The average cost of a wedding is over $20,000 with over 100 guests, and lasts less
than six hours. While a wedding is hopefully a once-
1. Establish a budget and stick to it. One way to do this if the bride and groom are not paying for the wedding, and at the same time provide the bride and groom with some extra money for starting their life together, is to tell the couple that they will receive any money not spent from the wedding budget that has been established. This helps the couple decide what is really important for their wedding, and what is not so important. In other words, is it really worth the additional money for that extra guest, fancier cake, live band, etc.?
2. The surest way to have a nice wedding, within an affordable budget, is to limit the size of the wedding. Not only does a smaller wedding save money, it also allows the bride and groom to enjoy their close friends and relatives (and themselves) throughout the wedding and reception, rather than spending the entire event making sure they greet and thank hundreds of guests, many of whom they may not even know very well, or at all. So consider paring down the guest list to those individuals that the bride and groom would really enjoy seeing at the wedding and reception. A smaller party with good friends and close relatives will not only cost a lot less, it will be much more fun for everyone.
3. Limiting the size of the wedding party (bridesmaids and groomsmen) can also significantly reduce costs. This can be difficult to do because of concerns about hurt feelings. But sometimes having a small wedding party actually helps solve this problem. If friends and family that were not included in the wedding party realize that many other close friends and family were also not included, being “left on the outside looking in” can be much easier to accept without any hurt feelings.
4. Use vendors who are not primarily wedding vendors to get lower prices. For
instance, a florist in a grocery store will probably offer lower prices than a traditional
florist shop. Wedding vendors are traditionally high priced. So, think “outside
the box” when choosing vendors for your wedding, and consider non-
5. And don’t forget to negotiate for virtually every product and service you
will buy for your wedding. Most vendors want your business and will discount off
their first offer if they believe it is required to get your business, particularly
if your wedding is held at an off-
6. And just in case, although there is no insurance against common problems that may plague your wedding, insurance is available to protect against freak storms, disreputable vendors, and other types of problems that may occur. One company, WedSafe.com provides coverage on everything from damaged gifts to destroyed wedding gowns. They also insure against canceled weddings due to injury, illness or natural disasters. Premiums range from under $200 to over $400 for coverage up to $50,000. The National Alliance of Special Event Planners provides insurance that will even cover cold feet, with premiums starting at under $200.
