How and Where to Cut Wedding Costs – Wedding Finance

Wedding Finances

Let’s face it: weddings are expensive. As a matter of fact, the average cost for a wedding in the United States today hovers close to $30,000. It is quite clear that couples need to start learning about where to cut and how to start saving for a wedding. Since you’ll be paying quite a bit of money out of pocket, you’ll want to make better decisions regarding what you purchase for your wedding. Fortunately, there are ways to prevent overspending, so let’s take a look at some ways you can your fiancé can “tame” your spending habits and save more money while planning a wedding.

Wedding Stationary Considerations

One of the first ways to start saving money when planning a wedding is to ease off on the amount that you spend on wedding stationary. Although the national average spent on wedding invitations is currently $300, there are some couples who spend close to $1,000 on this area of the wedding. Although this may be fine for those that are well off financially, this is far too much for the average couple. With that being said, there are cost efficient routes a couple on a budget can take to save on their wedding invitations, such as:

  • Using lesser quality materials: Instead of expensive hand made paper, ask to use partially recycled paper for your invitations.  For those couples on an extremely limited budget, consider ordering blank invitations in bulk, then printing them at home, or even making your wedding stationary from scratch.
  • Forgo expensive letterpress and engraving for less costly options such as digital printing.
  • Watch the Extras: Fancy liners for your envelopes and non traditional ink colors can start adding to the costs of your budget.
  • Instead of including a separate stamped response card, use technology to your advantage by displaying your wedding website on the invitation and asking your guests to RSVP online.

Avoid Saturday Weddings

One of the more popular days to hold a wedding is on a Saturday. As a result, everything is going to be very expensive on this day, from the DJ to the Reception Venue to the Limousine Service. The best way to avoid all of the high fees associated with this day is to simply plan it on another one (if you can). Being flexible about your wedding day will save you a lot of money when planning a wedding and negotiating with your wedding vendors.  It will also greatly improve the chances of you securing high demand venues and services that are normally booked years in advance….and at a discount!

This video put together by Forever Bride has some great additional advice that any bride or couple can use to keep their wedding budgets under control.

Purchase Cheaper Flower Arrangements

Did you know that the average couple in the United States spends about $1,800 on wedding flower arrangements alone? If you’re on a budget then this is far too much money to be spending on this area of your wedding. Try to find cheaper flower arrangements by simply doing more research on the various florists in your area. Do research to see which one can offer you the best discount. Also check in to see whether or not you qualify for bulk discounts.

Choose Larger Tables

Believe it or not, you can save a lot of money by switching to larger tables for your wedding. For example, purchasing a higher number of tables that seat six will ultimately cost a lot more than purchasing a lower number of tables that seat 10. This is because you won’t need to purchase as many linen sets for them. This is a relatively simple tactic that you can apply to save a lot of money when planning a wedding.

Food and Beverage Considerations

While you and your fiancé may be drawn to exotic food and beverages, you’ll want to stay away from them if you plan on saving money. To put simply, you’ll spend a lot more money on exotic dishes and drinks than you will traditional ones. When in doubt, stick to foods and beverages that are common and that are sure to be party favorites. This tip can save you anywhere from a few hundred to a few thousand dollars.

Limit the Amount of Alcohol Purchased

Finally, limit the amount of beer, wine, and liquor that you purchase for your wedding. This tends to be one of the larger expenses associated with planning a wedding but it doesn’t need to be. Keep in mind that wine and liquor are going to cost significantly more than beer. Consider adding more of the latter to your wedding in order to keep guests happy and having a good time. If you’re going to purchase liquor or wine then do so in small amounts to save more money.

Conclusion

Just because you are budgeting doesn’t mean that you can experience a fun and memorable wedding day. Quite the contrary, you’ll be able to enjoy this special day without the worry in the back of your head that you’ve overspent. Fortunately, cutting down on wedding costs is very possible and following the tips and guidelines presented in this article will make it much more possible for you and your fiancé.

Do you have any additional tips that couples can use to save money on their weddings?  If so, we would love to hear them!