$$ buffer on day of wedding? Handling last-minute payments?

posted 1 year ago in Money
  • poll: What kind of buffer will you have? How will you handle last minute payments?
    0% buffer - just about everything will be spent by the day! : (1 votes)
    3 %
    1 - 10% buffer : (15 votes)
    44 %
    11 - 20% buffer : (2 votes)
    6 %
    21%+ buffer : (0 votes)
    We'll put the last-minute payments on a credit card. : (2 votes)
    6 %
    We'll write a check for last-minute expenses. : (4 votes)
    12 %
    We'll have cash-on-hand for last-minute expenses. : (10 votes)
    29 %
    We're handling last-minute expenses some other way. (Comment) : (0 votes)
  • Member
    4172 posts
    Honey bee

    @NAvery:  Sounds like your dad is a good option for you — frankly I think it’s ridiculous that vendors expect you to worry about making payments on your WEDDING DAY.

    I’m planning on having my credit card with me and dont’ expect any last minute expenses other than random food and drink while getting ready.  And I’ll have a check waiting for my MUA.  Everyone else is either paid in full or billing me after the fact.

    Don’t get me started on the Hair Salon that made me put down a $100 deposit when my hair will only cost $55… so I’ll have a few dollars coming back to me on my wedding day! YAY!

    EDIT: Only downside to a credit card being your only option is if the venue charges you a fee for using it.

    Member
    365 posts
    Helper bee

    Bump, I would like to see! I”m hoping to have everything paid for so I don’t have to worry about it.

    Member
    2296 posts
    Buzzing bee

    We should have a 1% buffer for the wedding day with everything paid in advance. My parents are paying for the wedding and with their finances they can just write a check for anything that crops up. But we’re having a dry wedding so I can’t forsee having any last minute expenses like the bar.

    Member
    616 posts
    Busy bee

    Same here, I am so stressed about owing anything on”‘check out”. My fiance keeps saying “dont worry about it”. But I am…espeically the “bar”. It’s price per head, estimated at 3 drinks per person for a four hour slot…I want everything I can pay for up front, paid.  but estimating deposits for flowers, photographer, and hair and makeup I’m estimating 2 grand more tacked onto my budget.

     

     

     

    Member
    56 posts
    Worker bee

    Everything should be paid for us in advance.  I’m not sure what I’d need to pay for the day of other than getting my hair done, etc.

    Member
    4172 posts
    Honey bee

    @Khalessi3:  From what I’ve seen most venues overestimate on the bar, they don’t want to suprise you with a huge bill after everything is said and done.

    We’ve been budgeted out for quite awhile and now, going over the day of schedule I realize we’ll have to pay overtime to the Photog. Extra money never hurts!

    Member
    4980 posts
    Honey bee

    I’m not planning on having much of a buffer because I believe almost all my payments have to be in before the wedding day except for my hair/makeup.  So maybe…5% or so (which would be $1000)?  I think I will have my father take care of anyone that needs anything last minute.  Probably just by check or cash.  Then if we need to put something on a credit card (can’t imagine it would be much) I would do that and just pay it off the next month.

    I really can’t see needing more than $1000 when all of my payments are in before. I give my venue a headcount 2 weeks before and pay $37 a person (6 hours open bar, all tables/chairs) for the headcount 2 weeks before the wedding.  So I guess if it was off by 5 it isn’t the end of the world.

    Member
    2369 posts
    Buzzing bee

    I collect my change in a jar, and I expect that to be my “emergency” wedding fund… I had thought I could probably have $100-$150 the day of. I will take the change to get cashed a few days before the wedding, and that will be “on hand”. 

    I would hope to have maybe up to another $500 in the bank account to take care of anything else, but we’ll see… it’s going to be TIGHT!!!

    Member
    2369 posts
    Buzzing bee

    I am also getting wedding insurance.. I’ve been quoted like, $250 and that covers everything! Including 100,00 or so in liability. So like, if a week before the wedding something big falls through or gets ruined by a freak accident, then the insurance can kick in :P

    Member
    9375 posts
    Buzzing Beekeeper

    As I recall, everything for our wedding was paid in advance, with the exception of salon services (paid the day of) and the cash tip for our limo driver.

    Member
    4233 posts
    Honey bee

    We had an additional alcohol bill of $600 but we took care of it the next day.

    You must be logged in to reply to this topic.

    Related Topics:

    Find Amazing Vendors