Read this article if you want to discover the secret to Calculating Wedding Budgets Easily-Numbers. Put an end to budget stress. With the info below you have no worries about creating a budget.
Calculating Wedding Budgets Easily-Numbers
- Know the numbers
- Follow the money
- Schedule the spending
Want to learn more about the art and science of wedding budgets? Keep reading.
The first time I tried to formally calculate our wedding budget, I was confused. Here’s what I thought:
According to the WEDDINGWIRE Report weddings in the Chicago area averaged $34,000 in 2017. So I figured ours would be at least that?
What would you guess our final budget came to? Would you believe …
So a little more than average. To put that in perspective, we’re not average. And neither are you.
Yours could be more or less than that. The point is knowing the numbers can help.
And considering what the average number is, how could we end up with OUR number?
Well, questions in hand, I set out to find an answer. And in this article, I want to share what I’ve learned, starting with:
Know The Numbers
Your wedding budget is a balancing of the percentages.
For example, what percentage should go for the venue? What amount for photography?
This means that your vendor percentage could be a moving target. It changes when you discover what matters more to you. Of course, it also starts to become more true as you make those distinctions.
For example, you might find a venue that you love better than the last venue you looked at. But you discover that this new venue does not include as much as the last one. And it cost more! (True story, happened to us)
You then stop to look at your budget up to that point and plug in those additional numbers.
I recommend NOT using an online wedding budget calculator. Instead list the things you want in a spreadsheet with the cost next to them.
Don’t “buy” anything until you know all the numbers? Not entirely possible when you find a vendor that you MUST have and you fear losing them if you don’t book right away.
That’s why this first TAKEAWAY of Knowing The Numbers is key.