Tips To Save For Your Wedding Day

Article Published 18/08/2023

Tips To Save For Your Wedding

Congratulations on your engagement! . . now begins the ultimate planning for your BIG day. Planning a wedding can be stressful at times and there are many things to take into consideration when planning your wedding especially if you have a budget to stick to. Do not be fooled by the extra unnecessary add ons that you may read or have been advised by other people in order to 'make your day magical', the top and bottom line is to remember your budget and only consider what you deem necessary when it comes to materials things to have at your wedding. Weddings do not have to be super expensive, remember the day is about love, welcoming each other into your families and celebrating with loved ones, material things yes, may look fancy but is it worth overspending on things that you don't need just for aesthetics?

Personally save your cash and start planning the things that are actually important on your day, I'm going to give you some insight into how you can start saving for your wedding and to help you stay within budget.

First and foremost create your wedding budget. You and your partner will need to sit down and work out a realistic wedding budget that you can both stick too and can both afford. There are wedding planning websites like Hitched and Zola which come with wedding planning budget lists to advise and help you when it comes down to working out roughly how much each cost is going to be which in respect will give you a rough idea of how much you need to be saving each month to be able to achieve this.

Create a realistic timeline for saving money. I appreciate with how the world is nowadays everything is getting more and more expensive so ensure that you are realistic with your budget. For example, if you have a wedding budget of £5000 and you are planning to save ovur the course of a year, divided into 12 months is roughly £416.00 each month, if you and your partner can put aside, call it £210 a month each, your budget at the end of the year can be achieved with a cheeky £40 leftover. Be sure to calculate your rough expendature of what is necessary to have at your wedding and go from there. If you budget is larger, again divide into 12 months to see if this can be realistically saved between the two of you.

Review your current outgoings in the household and see if there is any way of cutting these back. Maybe you don't watch Netflix a great deal and can consider ending the subscription which in return will give you an extra £30 or so to put into your wedding fund pot. Consider cancelling gym memberships if you have them and doing home work outs together in order to cut back even more. By any means necessary, review what is essential in regards to outgoings and cut back as much as possible. The last thing you need is to be paying for a wedding that you may not be able to physically afford. I cannot stress enough that as long as you have your partner by your side and friends and family to celebrate with you, love is all you need!

Be sure to priotize your wedding fund costs if you are truly serious about sticking to your budget to be able to have a stress-free and financially free wedding without the worry of 'how long are we going to be paying this wedding off!?!'- If you put in the time and effort to be able to save for your wedding, then you will be rewarded at the end by your hard work. If you want to push your boundaries as much as possible, there's the option to consider (if possible) for you both to ask for overtime within your work or even side projects to gain more money. A simple tip is to consider a car boot or garage sale one weekend, grab all your unused household itmes that you may have around the house that, may only be gathering dust, to consider selling them to gain more money for your wedding day pot- every little helps!

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Written by
Zenouska Miller, Client Liaison Manager