Plan the perfect wedding – without going over budget
How to prep for the top five wedding expenses.
Wedding planning is truly an activity that requires both sides of the brain – creative and logical. You get to do fun things (like sample wedding cake) while also learning how much it costs to set up 75 folding chairs in your parents’ backyard. And, if you’re getting married in 2022, you may get to be a little extra creative about staying within budget.
Here’s the situation: about 2.5 million weddings are expected in the United States this year – and Canada is seeing a surge in ceremonies as well, with weddings originally planned for 2020 and 2021 landing in 2022. Couples are (understandably) ready to get the show on the road.?
According to The New York Times, a little extra planning may be required for 2022 weddings, as popular vendors get booked up and the usual pandemic concerns (like supply-chain bottlenecks and gathering limits) continue to be a barrier. All things said, experts are predicting an increase in the average wedding cost this year from $22,000 to $25,000.
But this is not a sign to panic – just a reminder of how far budgeting and planning ahead can get you. (Need a step-by-step breakdown on creating a budget? Check out our blog post for a full rundown). Below, we break down the costs associated with the top five wedding expenses – and how you can get the most out of your budget. Pssst: wedding guests. We have a bonus section for you at the end.
Wedding Venue – 15% of wedding budget*
Booking a venue is probably the first commitment you’ll make (other than to your partner) in the wedding planning process; this step will set the parameters for the whole event.?
Before finalising your venue, run through the logistics. Out-of-the-way locations can add transportation and travel costs on top of vendor fees – and can get expensive for your guests. Then there are all-inclusive venues (like those with an in-house caterer), which might be pricier upfront, but can save money and headaches in the long run. Less-expensive options – like a backyard – might seem attractive, but keep in mind that they’ll require some extra planning and DIY. For example: parking, washrooms, backup generators, fridge space? All on you. Regardless of the choice you make, anticipating associated costs will make budgeting a lot easier.?
The day and time of your wedding is another important consideration. With the number of 2022 weddings, popular dates may already be booked at your top-choice venue. However, this could be a silver-lining for your budget: Fridays and Saturdays (and late spring to early fall) are usually the most expensive times to get married. Consider whether an off-season or weekday wedding could be worth it for you.?
Read the full article here.
*Based on research by The Wedding Report