Making a wedding budget: what to consider
- Your current savings
- Your credit score (go into as little debt as you can)
- Alternative ways to fund it
- Keeping in mind unexpected life disasters that may occur before the wedding is paid off
Wedding budget breakdown
- Not all marriages are created equal
- What will make the cost of your wedding vary from others that other people may have?
- Ceremony
- Ceremony venue rental
- Marriage license
- Officiant
- Ceremony music
- Any decor needed
- Reception venue, catering, and rentals
- Reception venue rental
- Catering (food, service, rentals such as flatware, stemware, china, linens, etc.
- Bartending (service, alcohol, rentals such as glassware)
- Ceremony
Wedding Budget Mistakes To Avoid
- Going into severe debt
- Not prioritizing your spending decisions according to your values
- Not tracking all spending
- Not doing what you can to cut cost/cost efficiency
- Not setting an absolute limit
- Not keeping an emergency fund
- Not considering alternative ways to fund it
- Beginning your wedding planning with terrible credit
Steps to creating your wedding budget
- Determine your values//how and what to prioritize
- Determine exactly how you will pay for it
- Loans and credit cards?
- Side gigs?
- Savings?
- Itemize what you will pay in totality before you actually pay anything
- Determine who will pay what
- Choose the right wedding planner (allude to TQ CTA)
Conclusion
- Summarize key points (tell them what you told them)
- CTA to request a proposal from Traveler’s Q
