Wedding Budgeting 101 - Where Does Your Money Go?

Once you know how much money you haveGifts that you give to your attendants and the
available to spend on your wedding you will wantcost of your rings (technically your gifts to each
to draw up a budget. But how do you know howother) will come to about two percent each.
much to spend on each aspect of your day? ThisWedding stationary, including invitations, save the
is how the spending is broken down in a typicaldates and thank you cards will probably require
modern day wedding.three percent of your budget. You can always
On average about forty percent of the weddingcut your stationary costs by taking the DIY
budget goes towards wining and dining yourroute.
guests. While this may seem like a lot of money,Attire generally contributes to ten percent of
the food is one of the main things that youryour expenses. This covers the attire for all the
guests will remember about your wedding. Get itattendants involved, the bride and her
right and you can be sure to receive accoladesbridesmaids, the groom and the groomsmen, and
from all those in attendance.the parents on each side. Children's formal attire
The other main aspect of your wedding that yourcan generally be purchased quite cheaply from a
guests are sure to remember is yourdepartment store.
entertainment. A band or DJ can typically set youFinally about fifteen percent of your wedding
back eight percent of your funds.finances will go towards your photography and
Your reception venue will typically contributevideography costs. This is the one aspect of the
about seven percent of your expenses. Inbudget that fluctuates the most. Some couples
contrast your ceremony as a whole, including thechoose to really splurge on their photographer in a
location fee, decorations, programs and payingbid to make sure they have excellent photos that
your officiant, will probably only take up threethey can look back on for the rest of their lives.
percent. Remember, your reception will last longerFor this reason photography costs can soar to
than your wedding ceremony so it attracts atake up almost fifty percent of the total budget.
higher price tag. Travelling to your ceremony andYou should always try to keep a few percent of
your reception usually costs about two percent.your budget spare in case of an emergency or in
Floral arrangements and bouquets consume aboutcase you find something a little pricier that you
eight percent of the money set aside for mostabsolutely must have for your wedding. Having
weddings. This is open to variation as you may besome cash in hand will give you a little leeway and
able to forgo flowers as decorations, userelieve some of the financial burdens that can
non-floral centrepieces and purchase seasonalarise during planning a wedding.
flowers that can dramatically cut your costs.