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Planning a wedding on a budget

6th January 2011 Print

2011 may look like its set to become the year of forced frugality, but love waits for no man nor economy. The average cost of a wedding currently stands at £21,000 - if you’ve set your date and are worried about how it might impact on your finances and savings don’t despair, there are loads of cash saving tips that will trim the expense but not the experience.

Set a budget

Like any other project, it’s important to set a budget. This establishes a framework against which you can work and so long as you stick to it, will ensure there are no nasty financial surprises once the honeymoon is over. Allow yourself a contingency of 10% for any unforeseen costs.

Choose dates carefully

Unless there is a real significance to your choice of wedding day, shop around on dates and seasons to see what fluctuations occur in the market. Reception venues will undoubtedly have quieter periods where you might be able to book at a reduced rate - some people may even choose to opt for historically unpopular dates such as April Fools and Friday the 13th in order to bag a bargain.

Shop around

Suppliers are notorious for adding a premium on prices as soon as they hear the golden word ‘wedding’ - be clever and if possible look to secure bookings without completely revealing the nature of your celebration. Plus, shop around, compare rates and haggle over price.

Reuse and recycle

Vintage is all the rage these days - take advantage of sourcing a unique dress and accessories by taking your time and raiding the second hand shops, there are a number of well known charities who have specialist bridal stores. Alternatively check online.
Rely on friends

With photographers, cakes, decorations, invitations and cars to think about it’s no wonder the costs stack up - but weddings are a great time to gather your friends together for a bit of love and support. Rather than setting up an expensive wedding gift list, ask friends to donate their time and skills to help in the preparations and on the day - it’s a great way to get everyone involved and part of the entire celebration.