The way you allocate your total budget matters to get the most bang for your buck. Where should you save and where should you splurge? How many guests should you include?
Here are a few simple steps on creating a wedding budget :
Now that you know what you need to set your budget try out the wedding budget calculator now!
Went over budget? Don’t worry, you aren’t alone. A survey by The Knot of 15,000 couples in the U.S. found that 49% spent more than they'd planned by an average of $6,373. But what is great about the wedding budget calculator is that you can figure out where you need to trim costs or where you can add them if you were underbudget.
Revisit your expenses and discuss with your partner what you really value. Do you want a bigger guest list, or would you rather have a live band over a DJ? Maybe you want to spend more on photography? If you are looking for tips read more here
Wedding guests also must spend a fair amount of money on gifts, attire, and travel expenses so a budgeting plan can be handy for them as well. As for how much a wedding guest is expected to give to a couple for their wedding, experts say single guests should give about $100-150 at weddings and $200-250 for couples, which is approximately how much it would cost to cover their food and beverage. Or try following a “20-20-60” principle: Bridal showers and engagement gifts should be about a third of the price that you spend on a wedding gift.