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Surviving the Cost of Wedding Season When You're a Guest

Surviving a Pricey Wedding Season, Part III

While you may not see your savings account grow during wedding season, you can do your best to see that it doesn't shrink or completely vanish. Most engagements average about a year, and usually you're aware of which weddings will include you on their guest list far in advance. A flexible rule of thumb: If you're surprised to receive an invitation to someone's wedding and it requires many expenses, send the couple a gift but don't attend. Of course, if you can afford it by all means make the trip, but if your wedding season has you fretting about money it's OK to say no thank you. Discover my three-step wedding season budget plan when you

.

After you've had your pouting pity party because you have so many added expenses, do realize that you're lucky to have good friends who want to share their lives with you. Here's my wedding-season money plan:

  1. Promise yourself that you won't go into debt during wedding season. If you think your many events are expensive now, consider how much more they will be when you pay interest on whatever you charge to your credit card. Think about how long it will realistically take for you to pay off these charges and make a plan to avoid this situation.
  2. Create a spreadsheet or simply make a list of all of your anticipated wedding-related events, and estimate how much you'll need for each event. Include everything you can possibly think of — travel costs, apparel, gifts, food and drinks, accommodations, etc. It's always safest to be generous with your estimates because as we all know, things can cost more than you expect and surprises do happen.
  3. Once you've figured out how much you'll need to save for each event, use a savings calculator to figure out how much you need to save each month in order to have X amount of money with certain dates in mind. Set up your bank account to have this amount automatically transferred from your checking account to your savings. If you can't tweak your spending enough to afford the monthly amount you've calculated, save whatever you can.

Check out all of our wedding season coverage at IDoSugar.

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justanerd1975 justanerd1975 7 years
We enjoyed our friends talents to save money and still have a gorgeous wedding, we had a friend who did photography on the side and a friend who knew how to do beautiful floral arrangements. We borrowed our friends decorations from her wedding before ours, silken ivy for the pews and little topiaries for the steps...Then, when your friends need help you help with whatever you can help them with. This method of using what we already had first before making a list of things we didn't have worked out so well for us that we even had enough money left to not have an open bar but to at least provide a few kegs of beer and a bottle of champagne for each table. In leiu of friends, I'd check out craigslist or freecycle even to trade services with people who may have these talents and are interested in trading services... hope this idea blesses one of you! :)
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