How to Save Money on Your Wedding
There is absolutely no need to spend bundles of cash on your wedding. The average cost of a wedding is now many thousands of pounds (or dollars) and this is at a time when a couple need to be planning for the future. Every penny counts when you are saving for your own home so spending less on your wedding can help toward that all-important deposit.
But the words ‘cheap’ and ‘wedding’ don’t sit nicely together. People don’t like to be perceived as tight or scrimping when planning a wedding. Many feel that the event is so important that they should borrow whatever they need to make the day as special as possible. To do so, they get the cash from wherever they can and start their married lives with huge debts. There are many newlyweds who have not made it through their first year of marriage simply due to the stress brought about by the debt that they accrued due to the cost of their wedding.
Make it Personal
The most important aspect of any wedding celebration is to make it personal. Make it appropriate to you and your partner. And this can be achieved at very low cost, without the need to borrow thousands.
So, sit down with your partner and discuss exactly what each of you want from your wedding. What is important to each of you. For example, is it necessary to have an expensive reception for a multitude of guest or would it be less stressful and more personal to have just a small gathering of close family and friends? Is it appropriate to spend a small fortune on an expensive luxury honeymoon or would it be equally memorable to take a short break somewhere nearby and save a small fortune?
Openly discussing exactly what each of you want from your wedding and perhaps deciding on a handful of priorities, will help you to come up with a wedding plan that is personal to you both and doesn’t break the bank.
Think About the Future
If you are saving for your first home then surely that should be your priority. If you and your partner want to start a family you will want to establish a secure environment in which to raise your offspring. So if this is your priority, spending many thousands on expensive wedding dresses, a reception, honeymoon and fancy jewellery should be avoided.
When trimming back your wedding plans remind yourselves of what you will be able to afford as a result. Many couples have saved so much on the cost of their weddings that they were then able to use those savings to fund the purchase of their first homes together.
Identify Greatest Expenses
It’s really useful to make a list of all of the most costly elements when getting married and consider ways to save on each.
The Wedding Dress
While it is possible to spend many thousands on expensive designer gowns and suits your wedding clothes is an area in which you can make some easy savings.
Hiring is an obvious option. What’s the point in purchasing a dress which you will wear just once. Another option is to consider vintage clothes. These days there are many dress agencies offering fantastic designer gowns at a fraction of what they would have cost new. Or why not break with tradition and wear something which you can wear again and make the purchase worthwhile for not only your wedding day but many years afterwards. And then there is the possibility that you could re-use the wedding clothes worn by your parents or in-laws.
The Wedding Reception
This is, for many couples, the biggest part of their wedding expense and planning. Costs include the venue, the food and the entertainment. But there are so many ways to make enormous savings.
Firstly, limiting the number of guests will immediately cut costs. You will need a smaller venue and less food so you will not need to spend anything like as much.
For the location there are so many options these days. But to make it personal the choice of location should be something which both of you will find memorable. Off season bookings can be a great way to get a fantastic venue at a fraction of what it would normally cost. Another great idea is to have your wedding on a weed day and not on a weekend. Also, look around for special discount deals. There are many hotels and venues that offer great off-peak deals and you can often haggle them down in price even further.
For the entertainment, keep it simple. When discussing priorities figure out exactly what you don’t want from your entertainment. With careful consideration you will be able to decide exactly what will keep everybody happy and provide the memorable experience that you are trying to create.
From the engagement rings to the wedding rings set, wedding jewellery can be enormously expensive. Jewellers don’t like to refer to their products as ‘cheap’ as this can infer low-quality. The trick is to play the competition game. These days the best marketplace for discount jewellery is online. Previously you would have had to visit the Hatton Garden district in London to find a great, competitive bargain. These days every jeweller worth considering has an online presence and to be competitive their prices must be keen. But they will not describe their products as ‘cheap’ – so you need to do some side-by-side price and quality comparisons.
When considering cheap engagement rings the quality of the diamond that has the biggest influence on price. One way to get a great deal is to go for a vintage or antique engagement ring. Vintage jewellery has become enormously fashionable and the quality of workmanship from yesteryear often surpasses modern equivalents.
And when it comes to cheap wedding ring sets the same applies. Shop around online and compare prices, quality and the reviews left on websites by previous customers. These days there are some truly remarkable online vendors offering surprisingly cheap wedding rings, such as OrlaJames.com. And because there is so much competition they are keen to attract your business so they offer often remarkable discounts, sometimes as high as 40%. As for other expensive items, always haggle.
The following posts will possibly help you when shopping for wedding related jewelry.
Your honeymoon is another of those big wedding costs. But it needn’t be. There are a multitude of holiday companies and specialist honeymoon offers online. Off-season bookings are a particularly effective way to make some great savings. And if you are willing to take a chance and leave it to the last minute you can find some incredible money saving bargains from LastMinute.com.