How to fund your dream wedding without going broke is becoming a bigger concern as weddings are getting more and more expensive. The average cost of a wedding is now $30,000.
While there are things that you can do to save money on your wedding, such as 8 Wedding Expenses You Should Never Pay For and Sneaky Wedding Costs You Need To Look Out For, the total wedding cost is still likely to be very high.
Despite this, every bride and groom still feel pressure to spend as much as possible to make sure they have the wedding of their dreams. That pressure To Save Money On Your Wedding That Won’t Make It Look Cheap even extends to people in the wedding industry.
Some couples have decided to cope with this issue by opting for a wedding without all the hassle and hoopla. As a result, a growing trend for avoiding that hassle is the “ambush” or “surprise” wedding.
Another trend is the super small wedding. Smaller wedding guest lists, saving money, having money to splurge on other things are just some of the reasons for a small wedding that we detailed in 10 Reasons to Have a Small Wedding and 9 Perks To Having A Super Small Wedding
Here are some other creative ways to fund your dream wedding, such as crowdfunding, from Savvy Deets Bridal:
If you are looking to have the wedding of your dreams, and trying to find a way to make your vision become a reality, financially speaking, this is a must read article for you, that was submitted to us recently. There are some interesting resources to look into, as well as other noteworthy words of advice. I hope you enjoy, and let us know if this helps you plan for your dream wedding!
Unless you plan on traveling to Las Vegas and paying a few hundred bucks for a drive-thru chapel and a two-night stay at a hotel on the Strip, weddings are not cheap. The venue, the rings, the band, catering…the list just keeps going. But there are clever ways to cut costs that will not diminish your magical day. Consider these three methods:
Entrepreneurs solicit funds from friends and complete strangers to help get their businesses up and running. You can do the same thing with regards to your wedding.
Crowdtilt is a platform that helps people raise funds for just about anything, including weddings. It connects friends and family to coordinate money for a stated “cause.” Forbes reported the website helped one couple raise $1,000 to cover the cost of their wedding reception. As with crowdfunding mainstays like Kickstarter, the funds are not made available to the campaign creators until the stated goal is reached. Instead of registering at various department stores, have your guests contribute a few bucks in this way.
Trim Where Possible
Most couples want to splurge on what will be one of the most memorable days of their lives. But there are ways to save without sacrificing quality. Women can rent a wedding dress or even peruse thrift stores for a used one. A recently married friend or family member may allow you to borrow hers. You already splurged on the engagement rings, so the wedding rings can be basic bands, found for cheap at pawn shops and second-hand jewelry stores. Polishing and resizing will cost a few bucks, but the ring will fit perfectly and look new.
Never take the first offer when negotiating the venue, band and other aspects of the wedding and reception. Keep in mind, vendors know you’re going to spend money somewhere, and they’d prefer it be with them.Everything is negotiable, including the band and catering. Never settle for the first offer and always make vendors believe you’ll take your business elsewhere. Prices tend to come down once you do that.
Tap Your Own Funds
There are a few simple ways to come up with extra money right now with little hassle. Change your W4 form at work by adding a few more exemptions. This will cause the government to withhold less money and instantly grow your paychecks. Since you’ll be married by the time taxes are due, you’ll be entitled to more benefits, which may ultimately even out any differences.
Those receiving structured settlement payments could contact a company like J.G. Wentworth to potentially buy future payments for a lump sum now. Homeowners can inquire with their bank about an equity loan, especially with home prices rising so much the past two years.
Your dream wedding does not have to be a nightmare for your pocketbook. Keep that in mind throughout the entire planning process.