There is something so exciting about that moment you get engaged. Whether it was a surprise or something you had both planned for months, it’s the beginning of the next stage of your relationship. However, that next stage will include a wedding – that’s what an engagement means, after all – and once the initial excitement has worn off a little, you’ll need to start thinking carefully about the big day itself.
The cost tends to come up more than anything else when it comes to organizing a wedding. It’s easy to get carried away when you’re planning and booking, especially if you have an idea in your head of what a dream wedding should be. However, it can be hard to actually pay for everything you want. With that in mind, here are some of the best ways to fund your dream wedding so you can enjoy the day to the utmost and make it a memorable event for all involved.
Stick To Your Budget
Planning your dream wedding is something; you can quite happily look through all the websites, browse the wedding magazines, and make a list of what you want. However, unless you know how much you can spend, you might be setting yourself up for disappointment. That car you love the look of might not be affordable. The same is true of the flowers, even the dress. Therefore, it’s wise to determine a sensible and strict budget before you start looking at any options and definitely before you book anything.
Think carefully about what you can afford to spend. How much can you allocate to each element of the wedding? If you don’t think your budget will cover what you want it to, then don’t rush – you have plenty of time. You can spend a few months or even years ensuring you do have enough money. The key is to know how much you need to spend before you get started to avoid having to scale back partway through or even call everything off because you’ve run out of cash.
Savings
One of the best ways to pay for a dream wedding is to use your savings. This is a good idea because you’ll immediately know how much you have to spend. You can allocate a specific portion to wedding facilities at the venue, the cake, the clothes, the food, the photographer, and so on. If you break your savings down into parts, you’ll know exactly how much you have leftover for other things as well.
When you use your savings, you can begin your married life in a good financial position without having to pay back any debt and without finding it hard to enjoy your time together.
Family & Friends
Your family and friends will want to buy you a wedding gift – it’s fun, and it’s tradition. They’ll want to get you something you really need and that you’ll use in the future. This is why many engaged couples create a wedding registry to note down exactly what they would like guests to get as a gift.
What if, instead of physical items, you asked for money? It’s not the most comfortable of things to ask for, but it could be an ideal way to fund your dream wedding, and if you got a loan to pay for everything and then used your gift money to pay it back, you could have the best of both worlds. Guests usually won’t mind giving cash if you let them know exactly what their money is going toward.
Mia Guerra
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