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Thursday, June 2, 2011

How to Budget a Wedding in 3 Easy Steps


If you have a beautiful wedding that you can actually afford it then you will need to set a wedding budget. Your wedding budget should be realistic for it to be effective. Many couples tend to average prices, although they can not afford it. Here is a 3 step system that will help you set up an effective budget for your wedding.

Step # 1 Who pays for what?

The first thing you need to decide who will be paying for what. What are the bride's parents will contribute to the cost? What will the groom's parents are contributing to the cost? Who will contribute? This will give you a very good idea of what you can afford as a total.

Step # 2 How much of each service and watch?

the next thing you must do is decide how much you're willing to spend on each service item. For example, you may only want to spend 3% of its budget on flowers and 12% in the photo. The point of this is to assign the most out of your budget towards services that are considered the most important.

Step # 3 Start Saving

is now up to you to start saving money as you can. What will you cut? Will you pick up overtime at work? Who can do for you? Do you know the photographer? Do you know a cake decorator?

You May also look at ways to earn interest on money you already have. Check out some short-term investment opportunities. Go to your bank ask them what they can do for you.

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