Once the excitement of getting engaged has worn off, the real work of planning a wedding begins. Step one for most couples when planning a wedding is figuring out how to save money for it. Since the prices of most things are going up, couples also want to look for ways to cut their wedding costs.
We’d be lying if we said that paying for a wedding and saving up for it didn’t cause some couples stress. You want to plan the wedding of your dreams, but you don’t want to spend all your money on it.
We get it! But saving money for your wedding doesn’t have to mean making constant sacrifices and being broke. It should be something you like, which is where we come in.
With a few small changes to your lifestyle, some smart planning, and our advice on where and how to save money, saving for your wedding can be easy and, dare we say it, fun. Our guide tells you how to save for a wedding in a year and how to save money on different parts of your wedding day.
4 Ways To Succeed With Saving Money For Your Wedding
1. Have A Plan
You can’t save for your wedding in a smart way without a plan or structure. We recommend that you and your partner plan your wedding budget together. Figure out how much you can afford to save each month, how much you want to spend, and how long you want to save.
Once you have these things in mind, you can start doing the math to see if all three of your goals are possible.
2. Know Your Expectations
Even though it sounds boring, we wouldn’t be doing you any favors by not reminding you that being realistic with your wedding savings is the most important thing you can do to save money. Planning to save more than you can afford will only make you feel bad every month when you don’t feel like you’re “on target” or saving enough. Don’t forget that it’s your wedding, not a sales job.
Look at your money in a realistic way and set a monthly goal that is fair and doable. If you can reach your savings goals, the results will feel so much better. It’s also a good idea to mark the months when you might not be able to save as much. For example, saving around the holidays might be harder than at other times of the year, so plan ahead.
3. Don’t Make Too Many Sacrifices
You do need to make sacrifices, but if you go too far, it could hurt your mental health and well-being while you save for your wedding. It’s smart to cut back on some luxuries while you save up for something big, but it’s not fun to deny yourself every little extra thing you spend money on.
You don’t want to look back on the time you spent planning your wedding and think you didn’t have any fun. There’s a balance somewhere in there, and you should try to find it as a couple. Looking at things like worthy com reviews can help you decide whether you want to gather some money this way.
4. Allow Yourself Enough Time
Going back to what we said about being realistic, the same rules apply to timing. Before you make any plans, follow your savings plan for a few months to make sure it is realistic and working. The last thing you want is to book a venue for an event in six months and then find out it will take you a full year to save enough money.
Bonus Tip: Are you thinking about saving money by having a micro wedding? Then you need to read the full guide to planning to a low-budget micro wedding.
* This is a contributed post
I hope you found this information on saving money for your wedding useful!
Hearts, Joy, Love!
Jean
For assistance and unique ideas for your wedding call or text me at 937-581-3647, or email me at jean@weddingsfromtheheart.net!