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When planning a wedding, money is often seen as the enemy; there just never seems to be enough of it! In today's wedding industry, $20k is generally shrugged at as merely a "doable" budget, and $10k is reacted to with disappointment and head-shaking. Today's weddings are expensive, but it is my firm belief that they don't have to be.
Almost no other celebrations are allotted $10k-20k in expenditures, and any celebrations that are are sure by nearly anyone's standards to be incredible successes. Why is it that weddings seem to cost so much for so little in exchange? In this series, I will pinpoint the most expensive aspects of weddings, explain how they can be substituted with affordable alternatives, and highlight some useful wedding hacks that can save you money and make your wedding more personal at the same time.
So let's get to those bulky wedding expenses! Here's one thing I'd like to mention about the expenses of weddings. A bride's outgoing wedding expenses are her vendors' paychecks. They deserve to charge their fees because that's how they make their living. The wedding industry is an incredibly big, lucrative business, but it's almost never a business's intention to take advantage of their client by charging much more than they are worth. Cupcakes a delicious morsels that can sometimes be gone in three bites, but they cost what they do (between $2-10 apiece) because they took money to create as well as time to mix, bake, decorate, and sometimes transport. That little cupcake is a labor of love--labor that deserves to be paid fairly for.
As a budgeting specialist, I must clarify that I by no means am encouraging that vendors be taken advantage of for their services. Instead, I am recommending that the budgeting bride and groom engage with vendors for the most important details of the wedding, and the compensate for other services that are less important when the budget says "no". I am an expert at finding creative alternatives, not at conning vendors into providing products and services for next to nothing.
That being said, let's get down to it: The most expensive aspects of today's wedding.
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1. The Venue(s)
Whether it's a church or a 5 star hotel, venues have high prices, prices that directly correlate with the location, the event date, the time of day or night the event is being held, the length of the event, and how many services will be used. Typically, if your wedding's ceremony and reception are located at different venues, the cost will also increase.
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2. Catering
Food gets expensive when you take into account that its preparation and service presentation also have steep price-tags--not to mention expected service tips! Knowing the guest-count is vital to nailing down the exact catering bill, and knowing that it will prove very challenging to adequately feed each guest on less than $12/head is key as you budget for the meal. At $12/head for 100 guests, you're already at $1200!
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3. Guest Seating and Details
Chairs are often an extra charge if the venue does not provide them, or charges an extra fee for their use. Cost per chair ranges from $1.50-$10, and if your reception and ceremony are at different locations, sometimes you'll be buying two chairs per guest! Other details that come at a cost are things like table linens, glassware, and favors.
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4. The Wedding Gown
Finding the dream wedding gown at a "reasonable" price is THE task, and while possible, takes a lot of hunting, and possibly self-alteration. Expect to shell out at least $1,000 for your gown if you're shopping at regular wedding gown stores.
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5. Entertainment
Commercial DJ's, singers, bands, and other entertainment you may want to spice up your ceremony or reception charge hefty prices that should be planned for early on in your budget. Often, their charge includes their travel fees and equipment usage. Keep in mind that these sometimes "starving musicians" are trying to make a living with these prices, and their intention is not to empty your pockets.
Speaking of emptying pockets, weddings sure do it, don't they? Next week we will go over alternatives to these five expensive aspects of the wedding industry that will clue you in on how to save BIG time--without taking advantage of any vendors, and without compromising on the unique and beautiful ambiance of the wedding you're dreaming up.