Episode #42 - How To Plan Your Dream Wedding On A Tight Budget
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Modern couples are taking the DIY wedding to a new level -- on this episode, Jessica Bishop teaches you how!
Couples are taking more ownership and personalizing their wedding celebrations. This creates a more authentic and personal experience rather than the traditional weddings of old.
The first step toward planning a meaningful wedding is to discuss how large or intimate the celebration should be. When you identify joint priorities as a couple, then you can easily start looking into how much each component costs and determining:
If you can afford it now, or
How long it will take you to save up for it
From there, you can make a plan to jointly work toward saving up. This may include side hustles and/or creating a plan to have the wedding style and date you want!
There’s nothing wrong with eloping or having a small ceremony now and planning a big bash when the pandemic is over. This is especially true if you’re ready to just get your life started together and save up over time for that large party!
A few highlights:
One of the biggest struggles (and expenses) in planning a wedding is the ever-expanding guest list. Keeping it intimate will save money, of course, but it will also ensure that you can provide a meaningful experience to each guest. [12:23]
When creating your guest list, use these 5 simple questions when deciding whether or not to add invitees. Don’t feel obligated to invite someone you haven’t seen in person within the past 2 years.
How can you navigate the financial conversation with parents or other contributors to the wedding budget? Practice being clear with communication about monetary values, timing of payments, how the money flows, and any assumptions or stipulations accompanying the financial contribution. Your journey in discovering what stress is lack of communication versus fear of talking about money will be a valuable lesson applicable in nearly every aspect of your life.
Links:
You don’t need a 30K budget to have a great wedding, here’s proof! www.thebudgetsavvybride.com/weddings
Listen to The Bouquet Toss podcast
The Budget Savvy Wedding Planner & Organizer by Jessica Bishop
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Want to level up your game around money in your relationship? My free quiz will help you learn your Couple’s Money Personality Type AND how you can grow from there!
Adam Kol
I am a Couples Financial Coach who loves helping couples get on the same page, minimize their financial stress, and build healthy financial futures. As a Certified Mediator, a Lawyer, and a former Financial Advisor, I offer private coaching and programs so that you can have the teamwork, peace of mind, and financial freedom that you want and deserve.
