Getting married is a hugely exciting experience for all involved, but it can also be very expensive. It’s therefore important to plan ahead when it comes to paying for the big day.
Set a budget
Possibly the most important tip of all – set a budget – this is the first and foremost thing you should do. Both your partner and you may already have a little set aside for the big day, while others may get a generous donation from their parents. Knowing how much you have to work with will allow you to plan your dream wedding without getting into debt.
Clear outstanding debts
Prior to even beginning to plan your wedding, it’s wise to clear any outstanding debts you may already have in place. This will leave you with a clean slate and a clear idea of exactly how much funding is available.
Keep a diary of your spending
From the venue to the flowers, to the caterers and the dress, it’s easy to become tempted by the many possibilities available. Keeping a diary of what you spend will allow you to stay on top of this. Prior to spending a penny, it’s a good idea to add up the costs of every detail as this will help you to view an overall picture and price. Once this is in place, you can make a few tweaks here and there to ensure your wedding is within your budget.
Get a loan
Even if you have a certain amount saved, you may find that you still need to borrow a little more. If this is the case, it may be important to invest in a loan for a wedding. Using a loan calculator will help you to see how much the loan will cost and how long it will take you to pay back.
Use your credit card for larger purchases
Using a credit card to pay for larger items such as the hotel or the venue will ensure you’re protected. In the event of either of these establishments going bust, depending on the type of card you have, you may be able to claim the costs back.