![]() Purchase wedding insurance to protect against unforeseen events.Use natural lighting instead of expensive lighting rentals.Rent decorations and equipment instead of buying.Miscellaneous expenses (lighting, rentals, insurance, etc.):.Buy the rings online or from a discount jeweler. ![]() Consider alternative metals or gemstones.Consider having a trial run a few months before the wedding.Have a friend or family member do the hair and makeup.Have hair and makeup done professionally, but at a salon instead of a bridal boutique.Make the cake yourself or have a family member do it.Have a smaller cake for cutting and serve cupcakes or a dessert buffet.Consider giving a donation to a favorite charity in lieu of favors.Provide shuttle service from a central location.Have the ceremony and reception at the same venue.Stationery (invitations, programs, signage):.Have a friend or family member perform.Limit the number of hours of coverage you need.Consider having a friend or family member take the photos.Hire a photographer or videographer who is just starting out.Use simple, elegant decor instead of elaborate arrangements.Make your own centerpieces and other decorations.Consider buying a preowned wedding dress.Look for sales and discounts at bridal shops.Rent the groom's suit and bridesmaid dresses.Have a brunch or lunch reception instead of a dinner reception.Choose a venue that allows you to bring in your own catering.Consider an outdoor venue that doesn't require as much decoration.Look for a venue that includes setup and cleanup services.Consider an off-peak season or weekday wedding.Here are money saving tips for each of the biggest 14 wedding cost categories above: By being mindful of your spending and utilizing the money saving tips above, you can have your dream wedding without breaking the bank. Be open to unconventional options and think outside the box to find cost-saving solutions. Focus on the aspects that are most important to you and allocate your budget accordingly. THe biggest way to save money on wedding costs is to prioritize your spending. How do I reduce my wedding costs but not sacrifice too much? Note: These are rough estimates and the actual costs may vary based on the specific wedding, location, and demand for specific vendor services. Miscellaneous expenses (lighting, rentals, insurance, etc.): $1,000 to $3,000.Wedding favors and gifts: $500 to $1,500.Transportation and parking: $500 to $1,500.Stationery (invitations, programs, signage): $500 to $2,000.Wedding planner or coordinator: $2,500 to $5,000.Photography and videography: $2,500 to $5,000.Catering and bar service: $70 to $150 per person.Here are some very rough 2023 wedding cost estimates based on national US averages in 14 of the biggest wedding categories: On average, a wedding in the US can cost anywhere between $25,000 and $75,000. The average cost of a wedding in 2023 can vary greatly depending on various factors such as location, number of guests, vendor quality, type of venue, and extent of services included. By following tips and being creative, couples can have their dream wedding while still staying within budget. The good news is that there are ways to save money on each aspect of the wedding without sacrificing quality or style. From venue rental to catering, there are many expenses to consider. Once you've taken a look at your finances and goals, you can get a better sense of an amount you're able to spend on a wedding, and where your priorities lie on spending both now and later.Wedding planning can be an exciting but expensive experience. Making a spreadsheet together of your expenses, savings, and spending can be a great way to take a deep dive into your finances as a couple, explains one financial planner. Like any other large expense, a wedding requires some careful planning and saving, and making a budget should come well before you send out the invites.īefore you start planning, start by having a conversation about money with your partner, and make sure you're on the same page about not only this goal, but also your goals together afterwards. Start by making a wedding budgetĪccording to the BBB, about half of couples spend more on their wedding than they originally budgeted. While more expensive states like New York and Washington, DC had couples spending an average of over $40,000 for a wedding, couples in Wyoming and Utah spent less than $20,000 on average.
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