![]() You could even set up a cash registry or a honeymoon fund on your wedding registry to crowdsource some extra cash. Plus, if you're paying for the honeymoon yourselves, remember to budget for that as well. Set your expectations accordingly, and use our budget breakdown above as a guide. When it comes to financing a wedding, figure out how much you need to spend to get what you want. Below, we explain where people go wrong, and how to avoid doing it yourself. Here's the good news: We know the most common wedding budget planning mistakes couples often make, which means we can help prevent you from doing the same. The final wedding budget planning step is to familiarize yourself with potential blunders you'll want to avoid. Photo: Abby Jiu Photography Common Wedding Budget Mistakes to AvoidĪs a budding wedding budget expert, you're well on your way to completing your expense breakdown. ![]() The outlay for a full six-course meal is typically greater than for a cocktail soirée with mostly hors d'oeuvres the fee for a 12-piece band is greater than that for a DJ or quartet all-out decor like lighting, specialty linens and dramatic floral displays also will run up the bill. This is because you might find yourself matching the site, food and musical entertainment to the overall upscale wedding vibe. ![]() What is your dream wedding style? Generally speaking, the more formal the affair, the more expensive. Similarly, weddings on Saturdays and Sundays tend to be more costly than those hosted on a weekday. Plus, many couples choose to go more low-key on elements like lighting, music and decor. An evening wedding reception is usually more expensive than a brunch or afternoon reception, not only because of higher catering costs for dinner, but also because people tend to drink less during the daytime. An event hosted in the middle of wedding season, which spans from May through October, will likely come with higher costs. Highly sought-after seasons and days of the week are pricier for obvious reasons. The Average Cost of Alcohol for Weddings Right Now Time to budget for your booze. Also, be aware that many popular wedding venues have headcount minimums, meaning they won't host a wedding that's too small, and some may also have a per-head minimum that requires your event to be a certain size. Some-such as a city park-come with no (or low) fees, while others, like a grand ballroom, might cost you the equivalent of a year's college tuition. Likewise, certain venues are more expensive than others. Tourist towns can also up your wedding price tag during peak travel season. New York, Chicago and Los Angeles are the obvious culprits, but small towns and remote destinations can entail greater costs if things like flowers and talent have to come from afar. Some cities and towns are just more expensive than others. Plus, with a smaller wedding, you'll save more on other details, including decor, stationery, favors and rentals, because you won't need as much of everything. As a result, changing the guest list size is the surest way to increase or decrease your costs. There's a per-head cost for food and liquor, and these two are typically the biggest expenses of the whole wedding. Who you invite to the wedding and the size of your wedding has a massive impact on the amount you'll spend. For example, you might cut back on the floral spend to account for your catering bill." Sit down with your S.O., as well as anyone else who might be financially contributing to your wedding, and have an honest conversation about what you have to spend, and how you should prioritize the investments. "Couples may need to compromise and cut back on spending in one area to get what they want in another. "The best way to stay on budget is to be realistic about what you are willing to pay each step of the way, from the venue to the vendors to your dress and accessories," explains Kristen Gall, retail expert and president of Rakuten Rewards. What you can actually afford will impact your wedding expenses breakdown. ![]() It's imperative to be honest about your wedding day expectations from the start. ![]()
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