Your wedding is one of the most elaborate and expensive parties you will ever throw. How does one know where to begin? Creating and prioritizing your budget is one of the first and most important planning tasks to complete. Set a budget that is both comfortable and realistic to both of you.
Budget conversations can feel overwhelming at first. Instead of dialing in an exact wedding budget, it could be more realistic to have a target range, considering the amount of variables that come with curating a wedding. You can begin budgeting your wedding by thinking about what is most important to you as a couple. A question that I often ask couples is, “What do you want your wedding to reflect about you both?” I feel this question allows a couple to showcase their personality and values throughout their wedding esthe tic.
A good start to budgeting is to select your top three priorities and allocate a little extra money for them while also keeping in mind what is a lower priority to the both of you. In a June wedding at Rembrandt (left photo), we saw a couple keep their guest count slightly lower which allowed them to spend more money on elements that were important to them, like a full floral arch and an elevated plated dinner. In a May wedding (right photo) with a higher guest count we saw a couple allocate their budget by hiring a DJ rather than a full wedding band and renting decor pieces such as an arch, vases, candles, and artificial florals.
Hosting approximately 100 weddings this year at Rembrandt, we have seen the average wedding budget for 2022 be $30,000. Variations in pricing can stem from personalizing a wedding within categories such as florals, catering, guest count, entertainment (band or DJ), and decor. Below is list of categories to consider when allocating your wedding budget:
- Band and/or DJ
- Décor and Styling
- Wedding Planner and/or Day-Of Coordinator
- Wedding Rings
- Couples’ Attire
- Rentals (Linens, glassware, etc.)
- Favors and Gifts
- Hair and Makeup
- Rehearsal Dinner
Talking to a professional wedding planner or coordinator is a resourceful tool when entering the beginning phases of planning. With their experience, they will be able to offer advice on how to prioritize a budget based on your vision and values. Additionally, this person will help you stay on track with spending, payment schedules, contingency budget and tipping etiquette.
Weddings take a team to produce and execute; cutting corners by leaving out a vendor will more often than not leave you disappointed or stressed. Oftentimes, the role of the left out vendor will fall on another vendor or friend/family member who lacks the professional experience. Discussing your priorities with your significant other will allow for you both to set realistic expectations to build a budget and stick with it. Please leave it to the professionals to handle the intricacies of your once-in-a-lifetime celebration; it’s always worth the cost. After all, you’re spending all this time and money on this day, hiring professionals will truly allow you to live in the moment with all of your favorite people.