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How to Budget and Plan for a Wedding on a Tight Budget

Planning a wedding can be a daunting task, especially when trying to do so on a tight budget. However, it is possible to have a beautiful and memorable wedding without breaking the bank. Following a few fundamental principles and being smart with your money, you can plan a wedding that fits your budget and style. 

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How to Plan the Perfect Wedding Day Without Ruining Your Bank Balance

How to Plan the Perfect Wedding Day Without Ruining Your Bank Balance

Your wedding day is, without a doubt, the most significant event you’ve ever planned and experienced, and it’s an occasion you’ll want to look back on in years to come with as much fondness as possible. It is, therefore, something you’ll be planning for weeks and months before the big date, and you’ll want every aspect to fall into place while also not leaving you in a mountain of debt.  

The average wedding in the United States now costs the princely sum of $28,000. Of this total, around $10k covers the wedding reception venue, and the wedding dress would cost around $1000.

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Wedding Budgeting [2024]: How To Keep Track Of Your Expenses: 30 Ways to Do It

Wedding Budgeting: How To Keep Track Of Your Expenses: 30 Ways to Do It

Wedding budgeting can be daunting, but keeping track of your expenses to ensure that you do not overspend is essential. There are many ways to keep track of your wedding budget, and below, we will outline 30 of the most popular methods.

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Planning a Wedding on a $5000 Budget

Weddings are expensive, but they don’t always have to be. If you have an extremely small budget of $5000, there are still some fantastic ideas that will allow you to have the wedding of your dreams without going way over budget. Try out some of these tricks below so that you can have a beautiful wedding on a $5000 budget.

Your Wedding Gown

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While this is one area that you will probably want to splurge on, you can easily find a beautiful gown at a discounted price. Instead of looking for fully priced options, try looking at the discount racks at your local bridal store instead. You will be able to find beautiful options that won’t break the bank.

Décor

Décor can easily eat up a huge portion of your wedding day budget. However, you can also make some fantastic choices simply by making the decorations on your own. There are many ideas posted online that will help you and you can find tutorials on them as well. Supplies can be bought at any art supply store. Don’t forget to check out the clearance sections in these stores as well.

Invitations

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Ordering wedding invitations can be extremely expensive and can cost up to $1000 just by themselves. You should always look for discounted options or consider making your own invitations instead. There are many fantastic designs that you can print yourself using fancy cardstock and your printer. To find the cost savings, calculate the price that it will cost you to print them at home; including the price for ink, and compare that to the price you would pay to order them instead.

Reception

The reception is another place that can take a huge chunk of your budget. However, with some smart choices, you can easily knock down the amount of money that is taken up here. Consider having a simple reception where only cake and punch is served. If you are going for a full meal option, think about finger foods instead. For larger meal options, choose dishes that are made with chicken rather than steak because they are more affordable.

When deciding on drinks for your reception, you can also save money in this area as well. Instead of going for an open bar that will allow you to go way over budget, try some alternatives instead. By offering alcohol only during certain times, like the wedding toast, you will be able to save a great deal of money. Just make sure that you have some other options, like water and tea, prepared instead.

Entertainment

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Another thing to keep in mind is the entertainment that you choose. While you can book a DJ for around $500, an entire band will cost closer to $1000. Making smart choices when planning your wedding, can allow you to have a beautiful wedding at a fraction of the average cost.

Don’t forget to stop by Best for Bride for all of your wedding day planning options. From discounted wedding gowns to the perfect décor, you will be able to find it all here.