If you are looking at a smaller budget but a large guest list, it may be best to revisit your guest list and consider cutting some guests to stretch your dollars. It is best to breakdown your total budget amount into categories to better forecast how much money you believe each element will cost. This will keep you focused on the smaller dollar amounts that you have allotted when working with each vendor. If you are “under� budget in certain areas, either delegate that amount to another area of need or put that amount aside. Typically, most brides spend 10% to 20% more than budgeted. So, it is wise to place the money aside, rather than finding areas to spend it. This will ensure that you come in on or under budget after all expenses have been paid.
THIRD STEP: STAYING ORGANIZED During your planning process, you will accumulate many contracts, brochures, menus and other paperwork that need to be organized. Delegate a close family member or trusted friend to be in charge of charting and managing your wedding budget and all associated information. This includes forecasting the budget, tracking actual payments, documenting all down payments and scheduling when the payments are due. It is important to have periodic meetings about the status of your budget, addressing areas where you exceeded the target budget and areas where you came in under budget. You will be more comfortable meeting with vendors when you know the status of your budget as a whole and how much money you are able to spend. Any time you become stressed or overwhelmed by your wedding budget, just remind yourself of the bigger picture – your wedding day! Remember your priorities and stay focused on the end result. Most couples have to sacrifice a few elements to afford their dream wedding. Trust in your wedding vendors and allow them to assist you in getting the most for your allotted budget. Finally, if your parents are contributing to your wedding, it is essential that you remain grateful for any financial assistance they provide. By following these simple steps, you can achieve your dream wedding on any budget, large or small! |NWD|
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