How-To: Setting a Wedding Budget

In Planning & Tips

When you’re planning you’re wedding, there’s a lot to think about. What theme and colors would you like? Where will it be? Who will you invite? How much will it cost?

When setting your budget, keep in mind these things:

Splurge on three areas or items that are important to you. Which 3 items would you want your guests to walk away talking about? What part of the event do you want to remember most? Allocate more budget here, so you can invest in things that matter most to you.

Save on three things that you are not concerned with. What 3 items are less important to you? For these, minimize your spend by keeping it simple or choosing vendors with a lower price range. For example, new-comers who may charge a lower rate.

Sample Wedding Budget Breakdown:

Opportunities to cut cost: Consider choosing a Friday or Sunday instead of Saturday to get better rates. These are usually less busy for most vendors and they are more willing to negotiate for these days. Opting for a daytime lunch or a cocktail reception, instead of dinner reception, can bring your venue and food costs down as well.

What should you expect to pay for different categories of vendors?

Venue:

$ = around $5000

$$ = around $10000

$$$ = around $20000+

Catering:

$ = $30-55 per guest

$$ = $55-95 per guest

$$$ = $95-150 per guest

Cake & Desserts:

$ = $3-5 per slice

$$ = $5-8 per slice

$$$ = $8-20 per slice

Photography:

$ = $800-1800

$$ = $1800-3500

$$$ = $3500-10000

Videography:

$ = $800-1800

$$ = $1800-3500

$$$ = $3500-10000

Planners & Coordination

$ = $400-800

$$ = $800-2000

$$$ = $2000-8000

Decorations:

$ = $500-1500

$$ = $1500-3500

$$$ = $3500-10000

Hair & Makeup:

$ = $50-90 per person

$$ = $90-120 per person

$$$ = $120-200 per person

Photobooth:

$ = $250-450

$$ = $450-800

$$$ = $800-1200

Music:

$ = $250-800

$$ = $800-2000

$$$ = $2000-6000

Limos & Transportation:

$ = $200-400

$$ = $400-600

$$$ = $600-1000

Flowers:

$ = $400-1000

$$ = $1000-3500

$$$ = $3500-6000