Hello...We'd like to welcome you to
the first edition of our Wedding planning newsletter! First
off... CONGRATULATIONS on your engagement! This is the
beginning of the rest of your life and we hope it starts out in a
way that fulfills your dreams!
So now to business! The first
thing is you need to decide what you are willing to spend on
your wedding day! This will determine where you get
married, where you have your reception and how many guests
you will invite. You are going to know who is paying
for what parts so that they can all set their budgets as
well. All of this will give you your date as you will
have to coordinate open dates for church and or reception
halls.
So grab a pen and let's get
started!
Setting A
Budget For Your Wedding
Well, it’s time
to set aside the romance for a moment and talk dollars and cents.
Unless your one of a chosen few, where the "skies the limit", you need
to set a budget for your wedding.
First, you’ve
got to determine two things:
How much money you
want to spend on your wedding?
Who will be
contributing to the wedding and how much?
The traditional rule of the bride’s
family paying for the entire wedding is fast becoming history. Today,
there is much more sharing of expenses
between the bride's family, the groom's family and the bride and
groom. Many couples are getting married later in life and are well
established with their own careers. These brides and grooms are able
to pay for more of the expenses and sometimes want to pay for the
entire wedding themselves.
A good way to help you define your
budget is to set priorities. The
bride and groom should discuss which elements of the wedding are most
important to them. For instance, is it the reception location, the
bridal gown, or the entertainment that is most important? You should
choose about 3-4 items that are your top priorities and set the rest
of your budget from there. It's more likely that you will spend more
of your wedding budget on those items you consider a higher priority.
Now, let's look at some of the costs.
Your reception,
including the food and beverages, can average
50-65%
of your total budget. Therefore, the
reception location you select and
how many guests you invite will have the most impact on
your budget.
Today, the average
wedding costs between $12,000-$25,000.
Here's a recommended guideline based on a $15,000 wedding budget for
about 100-125 guests: That's a huge range but you will find that
is the kind of range that exists. The Knot has the national
average between 22,000 and 25,000. Let's base our numbers on a
very conservative $15,000 wedding.
Reception Site,
Food & Beverages
50%
$ 7,450
Photography &
Videography
13%
$ 2,000
Entertainment
11%
$ 1,600
Apparel
10%
$ 1,500
Flowers
7%
$ 1,000
Invitations
2%
$ 350
Wedding Cake
2%
$ 300
Transportation
2%
$ 300
Miscellaneous
3%
$ 510
Total
100%
$15,000
The above is simply
a guideline to help you get started. Good luck!
Who Pays For What?
A growing trend today is for wedding expenses to
be shared among the bride's family, the bride and groom and the
groom's family. But, just in case you're wondering, here are the
traditional "who pays for what"...
Groom and His Family
Bride’s engagement and wedding rings
Groom’s wedding attire
Rehearsal dinner
Marriage license
Accommodations for out-of-town ushers
Alcohol at reception
Wedding gifts for the bride, best man and ushers
Flowers for the bride’s bouquet, corsages for
the mothers and grandmothers
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