For anyone planning a wedding, one of the greatest challenges is the budget. We often want everything to look as grand as possible for the big day, but we don’t realize how much we overspend until the time we actually have to pay the bills. Because it’s your first wedding, you might not have the least idea of the cost of venues, decorators, photographers, etc. Don’t worry. That’s normal! We know that each wedding is different so we’re here to help you plan your budget. Don’t be left with any unexpected hefty bills!
It is generally the bride’s family who bears the cost of the wedding. To get an accurate estimate, both families need to make a list of guests to invite. Double check to make sure the guest list is exact and correctly calculate the expenses.
Order of precedence
Before you make your budget, rank every wedding expense by its importance to you. You should decide on which items on the list you need, want, or can do without, and categorize them accordingly. Mark the items on your list that will take up most of your budget.
Cost of each item on your list
It is advisable to do some research on the cost of each service you want. Cost depends on a lot of factors like time of year, day of the week, theme, logistics, and the size of the celebration. The more information you have, better you can plan your budget. In any case, it is always good to overestimate costs in each category and avoid any last minute surprises.
This part of your budget is the most expensive. If your guests are ranging between 500 and 1000 guests, you can opt for a banquet. If you are expecting more guests, marriage gardens are a good choice. If you choose a popular banquet, the cost can be anywhere between Rs 800-2000 per person.
The wedding dress might cost anywhere between Rs 15,000 and Rs 1,00,000, depending on the design. Bridal hairstyling and makeovers usually cost between Rs 10,000 – Rs 30,000.
Grooms look The groom’s clothing is usually less expensive than the bride’s, ranging from Rs 15,000 to Rs 40,000.
Pre-Bridal Packages Pre-bridal packages include facials that reduce blemishes and make your skin glows just right for your wedding day.
Jewelry Some buy real gold jewelry for their wedding day, while others go for artificial wedding jewelry. Buying real gold will increase your wedding expenses and cost a minimum of Rs 30,000. Artificial jewelry with some security deposit can be covered with no more than Rs 10,000.
Many people are giving up paper invites for online personalized wedding links to share via social media. If you prefer a traditional invitation for your wedding, try to opt for simple ones that cost about Rs 20 to Rs 300 per card.
The cost of decorations depends on whether you choose a banquet or marriage garden. If you choose a banquet, decorations are usually Rs 40,000 to Rs 1,00,000 or more. If it’s a marriage garden, resort, or farmhouse, you might need to rent furniture and carpets, which will increase decoration costs.
Music is the most important part of the ceremony. Just remember that in addition to the DJ or band’s cost, you may need to pay the hotel an extra fee to host the entertainment. Make sure you ask your venue about additional expenses. Bands and DJs usually start at around Rs 20,000.
Photography and video
There are loads of choices when it comes to choosing your photographer and with the many different kinds of photographers come very different prices. Photography starts from Rs 40,000 to Rs 3,00,000!
Last but not the least, the honeymoon! The cost depends completely on your destination. A trip to Europe for 2 nights and 3 days would cost somewhere between Rs 3,00,000.
Depending on the vendors you choose, you may be required to pay extra fees. Some vendors might ask you to pay 30% of the amount in advance and rest after the event, so be prepared. You should never pay the whole amount in advance. If possible transfer the payments electronically and always get a receipt of your payments.
Prices with VAT
Always try to get the prices with and without VAT so that you know exactly how much VAT you are to pay. Making an estimate of prices with VAT will make your price estimate more exact.
Make sure you add “miscellaneous” to your spending categories. In the last minutes of planning, you might find that you need to spend extra money on gifts for relatives or unexpected guests. Having a “miscellaneous” cost limit will prevent you from going over your budget.
Having a professional wedding planner can make planning your budget much easier. Just tell them your needs and what you are willing to spend and they will do the rest! Additionally, they often have partnerships with other wedding companies and might be able to offer some discounts on other wedding services.
These 11 tips will help you avoid overspending and keep your wedding free of any surprises! Want to take your wedding planning further? Check more planning details to have a perfect personal planner.
Vendor: Thomas Cook Travels