Tuesday, January 3, 2012

Planning Your Wedding Budget?

Wedding Budget Notes:
(1) Know that Budget Breakdowns are guidelines and will vary per region and per vendor.
(2) Many vendors typically offer a variety of package selections at different price structures. Options can be customized as well.
(3) Service fees can also vary based on experience and professional certifications.
(4) The season of the year can effect pricing. Peak season pricing may be higher than non-peak season.
(5) Be clear if your budget is your absolute actual amount you can spend or if there is room for overage.
*Basic Wedding Budget Breakdown:
45-55% Wedding Reception (site fee, music, rentals, food, beverages, cake)
2-3% Ceremony (location, officiant, marriage license)
8-10% Wedding Attire
5-10% Flowers and Décor
8-12% Photography & Videography
4-10% Music (ceremony, cocktail hour, reception)
2-3% Transportation (limo, vintage car,)
2-4% Gifts
2-5% Wedding Bands
2-4% Stationary (invitations, programs, thank you cards)
8-10% Misc and unexpected costs
15-20% Wedding Planner
It's also important to establish a budget and revisit your budget in the early stages as you can begin to determine the services you need to create your wedding. You will find that you may be making adjustments often through out the wedding planning process to stay on target with your budget. This is okay and very common. The key is understanding that there are several variables that effect the "basic wedding budget breakdown" you may find in your research versus the actual services you may select for your wedding. For an additional website to evaluate fee ranges per area, click the link below.
http://www.costofwedding.com/index.cfm/action/costest.index

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