Sticking to a budget for your wedding can feel like a constant tug-of-war between head and heart. It’s easy to spend more than you planned when perfect details come with not-so-perfect price tags, but knowing the potential pitfalls means you won’t be caught out! Here are the most common wedding budget mistakes and how to avoid them.
1. Not doing your research.
The budget you set for a particular detail might not be the going rate. Source quotes from a few suppliers for a more accurate figure.
2. Committing to something before understanding all the costs.
Get a complete picture of an expense before locking it in. You don’t want to book a venue and later realise you haven’t factored in furniture hire.
3. Booking multiple suppliers for one wedding detail.
Work with a single business where possible to save on things like additional delivery fees. It’s those sneaky extras that can send you over budget!
4. Window shopping.
Keep your search to a price range that makes sense for you. If you find yourself crying happy tears over a beautiful wedding dress that’s double your budget, it can be hard to say no!
5. Rushing into decisions.
Don’t feel pressured to commit to a purchase you’re not ready to make. A change of mind can be expensive! Take some time to review your quotes and contracts so you’re clear on inclusions, payment deadlines and cancellation policies.
6. Splurging on one item and not saving on another.
If you fall in love with something unexpected, try to reduce spending somewhere else to even things out.
7. Impulse buying small items.
Lots of little purchases can add up quickly. Review whether it’s something you really need before heading to the checkout. If it doesn’t fit with what you’ve planned, leave it behind!
8. Purchasing everything.
Consider hiring items you aren’t likely to use after the wedding. There’s probably not another time in your life when you’ll need 50 vases and it can be difficult to find a buyer when you’re ready to part with them.
9. Not keeping track of your expenses.
Stay on top of things by setting calendar reminders for due dates and recording payments in a spreadsheet, app or notebook.
10. Justifying a budget blowout for every wedding detail.
They say compromise is the key to any successful relationship. That’s also the case between your wallet and your wedding! Focus your spending on your top priorities to keep buyer’s remorse at bay.
Want more money-saving tips? Check out these top ideas from budget-savvy newlyweds!