Not everyone can afford hiring experienced wedding planners to take care of everything associated with what is supposed to be the most beautiful day in someone’s life. Unfortunately, many couples end up having to rely on their own hard work. It is quite hard to deal with everything that is going to happen. This is especially the case when looking at the wedding budget.
According to the research done by Wonderstruck Events, there are some common financial faux pas that appear when a nuptial celebration is planned. Money management is difficult when you have to deal with emotions. You want your wedding to be as great as possible but this does not actually mean you can spend your money in a bad way. If you want the day to really be special, be sure that you avoid the following really common wedding budget mistakes way too many couples make.
Going Into Debt To Pay The Wedding
You should never take on debt in order to pay for the wedding. If this is the only option you see available, you want to seriously consider organizing a more intimate gathering. The big reception can always happen later, after you manage to save more money to cover the wedding of your dreams.
Relying On Credit Cards
You need to avoid charging the wedding bills to your credit card unless it is easy to pay off the entire balance whenever the statement reaches you in the mail. The interest rates that come with credit cards and all the extra financial charges you would have to deal with will potentially add thousands of dollars to the wedding bill. This happens even if the balance is carried out for just a couple of months.
Agreeing To Many Upgrades
You have to be particularly careful about agreeing to practically any upgrade. This includes fancy chair covers or colored table linens. First you have to see if this would involve some additional costs. If so, you want to think about whether or not this is something that you really want and more importantly, something that you can afford.
Straying Away From The Budget
The wedding budget is set for a reason. You need to stick to all the numbers that you both agreed upon. Obviously, there are some things that pop up and that you are going to love having, items or services that you can afford. Even so, in most situations you will want to resist the spending urge. Stick to what you agreed with in each area. Only agree to changes when you are capable of cutting costs somewhere else.
Underestimating Guest Numbers
Sometimes you invite people to your wedding because of some sort of obligation you have. It is thus quite tempting to underestimate the budget and think fewer guests are going to attend than what you initially invited. Overestimating is always a much better idea. This guarantees that you are going to end up with some money in case something bad happens. Underestimating only causes problems.