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Just Said Yes October 2019

How did you determine your wedding budget!?

Teal, on March 4, 2019 at 7:06 PM

Posted in Planning 26

This might sound like a stupid question, but how did you land on your budget for your wedding? I see a lot of posts on here saying our budget was 7k, 15k, 20k, etc. How did you land on that number? I know it shouldn't be over what you can afford, obviously. Thankfully, we're in a position where we...

This might sound like a stupid question, but how did you land on your budget for your wedding? I see a lot of posts on here saying our budget was 7k, 15k, 20k, etc. How did you land on that number? I know it shouldn't be over what you can afford, obviously. Thankfully, we're in a position where we can afford more (especially with some help from family) than I *think* we need or want to spend. I just don't know what that magic number should be for our budget that we will try to adhere to going forward.

For example, I can make a grocery budget based on my experience grocery shopping, knowing how much things cost, what we like, what we occasionally splurge on, etc. If we were to move, I could make a budget for housing by visiting many different rentals and comparing prices. I have no points of reference for most wedding-related costs though! Is the first step to visit different venues to get an idea of pricing? Compare hotel or banquet hall receptions to renting out a venue and catering separately? What is the most efficient way to get a feel for costs so that you can create your budget? Or did you not do it that way and just picked a number that seemed reasonable? Am I overthinking this!? My fiance keeps saying we, "need to make a budget" but I truly don't know where to start! Help!

ETA - I would like to keep the guests to around 250 but my sister had a 500+ person wedding (mostly my parents' community, hence why they will be contributing to the cost significantly if this is again important to them).

26 Comments

  • Rica
    Dedicated September 2018
    Rica ·
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    I think this is a totally valid question. I felt the same way when we started planning. You can't just come up with a number when you have absolutely no idea what it costs.

    I ended up looking into general prices of things (about 150 guests at $100 a plate = 15,000 for reception), and talked to other recent brides (all spending between 20,000 and 30,000, and got a better idea of things. We then adjusted as we learned more about it.

    My major costs were the food, photographer, and dj, all adding up to about $20,000. Smaller things like hair and makeup and transportation were a few thousand more, then I had to assume little things would add up, and made sure to add 1,000 for the few dollars here and there things, to settle on 25,000 max.

    I plan to organize my budget and post later to help anyone who needs it.

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  • Laura
    Master October 2019
    Laura ·
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    We haven't set an exact number, but I know we want to keep it under 5,000. I'll be doing all I can to keep it much less though. I'm very frugal. He is is the only one working because i'm disabled. I've been using my funds for rent and bills and we're using money he earns for the wedding

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  • Madison
    Devoted August 2019
    Madison ·
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    We basically just looked at the average cost of a wedding (I believe it's $33K?) and decided we wanted to be a little below that. We also made sure we had most of what we wanted to put towards the wedding in savings already, and then just pay as we go.

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  • T
    Just Said Yes October 2019
    Teal ·
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    Thank you. May I ask, when you say you put money each month earmarked for your wedding into savings, in the end, will the wedding money be ALL your savings? Or do you plan to leave a certain percentage alone in your savings account? I just don't know if this should include every dime we've saved. Definitely won't go into debt for it, that's for sure.

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  • MIWM
    VIP June 2019
    MIWM ·
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    My fiancé and I knew that we did not want to go into debt for one day and wanted to pay cash for everything and started saving very early.

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  • Cristy
    Master May 2021
    Cristy ·
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    Well, we had just started our savings (as a couple) when we got engaged. We had moved in together, and opened joint accounts, and so we had a few hundred dollars to begin with. It's hard when you/we don't make a lot of money to begin with, and the cost of living is so high where we live (California).

    Now, I'm putting money in the savings with the wedding in mind, but I am hoping to stay under budget. My hope is that we'll have a little left in the savings once all the wedding stuff is paid for. It probably won't be much, but the whole point is to not go into debt over this. As long as we get everything we want paid for, including our honeymoon, then I'll be fine with whatever is left in the account. Then the savings for home improvements will start!!

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