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Budgeting & DelegatingHaving a budget can help the whole planning process of the wedding make more sense. Although money has little to do with love, weddings can prove expensive occasions, so it’s really important to determine how much money you will have to work with.
These days anything goes when it comes to funding a wedding, from the bride and groom funding the entire event themselves, to the parents assisting with the expenses, and right through to your guests paying for their own meals at the reception. Regardless of how much money you have, a well planned, well organised budget may help you make the most of any financial situation. You can still have an amazing and perfect day whatever your budget is. How to Start Your BudgetMake a list of all the services and things you would like for the wedding. Allocate a researched cost next to each item. Keep your costs realistic, allow a little extra money for emergencies and last-minute contingencies and, once you’ve determined your budget, stick to it. Regardless of how much or how little money you’ve got to spend on your wedding, a budget spreadsheet should help you to keep track of your budgeted allocation, paid deposits and outstanding costs. You might want to develop your own or use our Booking and Budget Checklist to help keep track of all your expenses. If you feel that you’re going to be over your allocated funds you may need to eliminate items that may not be a high priority. By listing your lowest priorities in ascending order, allocating less money to items where you discover savings can be made, and compromising on one expense to allow more for another. For example, you might decide to save money by making your own invitations, or choosing a smaller wedding cake to allow more for your floral bouquet, or opting to reduce the number of guests at the reception so that you can afford the venue you really want. Delegation Is A Bride’s Best FriendSo you’ve made your budget checklist and you now have a fair idea of the things you need to budget for and organize. But don’t be overwhelmed by the preparations that lie ahead. You most likely have plenty of willing helping hands from family and friends that want to be involved in your wedding preparations. And remember, once the bookings have been organized you’ll have a range of professional services at your disposal to whom you can outsource whatever tasks you need to.
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