When you are planning your big day it can be easy to get carried away with wanting to have the perfect wedding whatever the cost.
The average wedding in 2016 cost £30,111 (Source: bridesmagazine.co.uk, Sept 2016) and whilst most couples wouldnt entertain spending as much as that, you do need to plan what you are going to spend and how you are going to afford it.
Here are 6 ways to help you create the wedding you want, on the budget you can afford.
Start saving today! Obvious, but effective. Saving from the time you get engaged will give you a pot of cash to help with your wedding day expenses and the sooner you start the better. Open a joint account for the wedding fund and budget for monthly savings to go into that account.
Budget, budget, budget. Create a wedding budget and stick to it. Bridal magazines and websites have lots of budgeting tools and suggestions check them out and create your own budget.
Just ask. Ask for help. If a friend has recently tied the knot, they might have done lots of research on photographers, cake makers, car hire companies etc you could share. Ask for recommendations from friends and family. Ask for deals from suppliers. Ask for extras to be thrown in. Negotiate and ask for the best deal for your money.
Always shop around. Never impulse buy. If you want your wedding budget to work for you then always research the most cost effective way of having what you want. Be smart and stay in control of your spending.
Plan any borrowing. If you are going to borrow money, plan how you are going to do it. Dont use your overdraft or payday lenders these are very expensive ways of borrowing. Look into how much you can afford to borrow, what your repayments will be and how long it will take you to pay off you loan. You can visit our loan calculator to see what your repayments could be with a loan from us.
Enjoy it! Planning your wedding is a huge part of the fun and if you follow the steps above, youll reduce stress and enjoy the organising much more.
If you would like to talk to East Sussex Credit union about savings or loans you can call us on 0300 303 3188 or you can simply apply online today to become a member and save with us or apply for a loan.