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Coming Up With a Wedding Budget 2009-04-13 09:30:18

Coming Up With a Wedding Budget, Part I


Engagement is absolute bliss until you realize the long wedding planning road ahead. Sure, it's overwhelming: What will you wear? Who will be in your wedding party? Will you get married on the beach or in a ballroom? Curb the train of thought questions and focus on one thing at a time.

First thing's first: Come up with your wedding budget. It's certainly not as fun as wedding dress shopping, but really, what is? Your budget will determine how you can proceed with the details for your big day, so it must be set before doing anything else. To see my tips on figuring out a magic number, read more.

  • Nail down who is contributing to the marital cause. If there's more than one party paying, find out how much everyone can commit or use spending categories to divide the financial responsibilities. For example, his family pays for flowers, yours pays for the photographer, you and your fiance pay for the music, etc.
  • Footing the bill all by yourselves? Discuss how much you can afford to pay and how much you realistically want to spend on your wedding. You're in total control, so there's no reason to go into debt together. Create a separate savings account for your wedding fund and set up automatic withdrawals from your bank accounts each month. Be realistic: if you're unable to save enough by the time you want to get married, choose a wedding date further in the future.

For more wedding tips, check out all of the Sugar Network’s wedding coverage here.

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