Post # 1
I am just curious, did or would any bees go over your expected budget to have the dream reception venue?!
My fiance and I are paying for your wedding ourselves and we budgeted $20k for 200 guests for our venue space, food & beverage. We found a venue which we are both OK with and has an amazing view since it’s on the 43rd floor– we liked the venue, but did not love it; however I did love the view! They are not too highly priced compared to some venues we’ve looked at and fall below our budget. I have also heard very good things about them. BUT I just recently found another venue (a hotel)–Hotel Zaza, that we fell in love with! It is absolutely beautiful and everything we could ask for in a venue! Unfortunately, they did not fall within our budget. They are asking for a minumum of $25,500 in food/beverage. After service charges & tax it would come close to $32,500, but we would be able to invite more guests. My question is– would you guys splurge to have the perfect venue? Would it be worth the extra $$$ to have your dream venue? We would probably be in debt afterwards or have to pull funds from our life savings (which I did not plan on touching), and our parents have not promised to help us (but I do think they’ll end up helping us with some). I would love to hear your thoughts! Thanks bees!
Post # 3
I kind of compromised a little bit to get the venue we wanted… we are having an earlier ceremony so we can have a lunch reception instead of dinner. This way we can have the venue we want AND stay in budget.
Post # 4
In this instance, probably not if its going to be 12k over the budget. If it was less of a difference, maybe.
Post # 5
Fiance and I are not too big on having a lunch reception. We’re having a Saturday evening wedding during the summer.
Post # 6
We went WAY over. It was 7K to rent the space for ceremony and reception (and it came with bar, chairs, tables, and it’s at antique store… so it’s fully decorated). We had originally planned to spend 3500-5000, tops, for the venue. It does not come with food or alcohol.
We decided to move numbers around and go flowerless, have an MC and not a DJ, and to do cupcakes instead of cakes. We figure that no one is going to remember decent food, but they will remember a completely unique and wonderful venue. We are estimating that we will be around 23K, so 3K above our original 20K budget. We’re ok with that.
However, 12K is unreasonable. I’d go back to the first venue and see if you could bring in cool lighting or decor to spice it up. If it’s got a great view, you could do something, like a candlelight dinner, to really play on the scenery.
Post # 7
I probably wouldn’t…sticking to our budget is pretty important to us. If I go over budget in the venue area, that is money that would have to come from somewhere else. Also, I know for me, there were a million little things I just didn’t know about and didn’t know to budget for. If you’re already going over budget on the venue, it may not leave you much wiggle room when other things pop up.
Post # 8
Meh, I wanna say no. We kinda did, though. I was hoping the church would be free, and it ended up costing $900. In the grand scheme of wedding world, that’s nothing. But Mother-In-Law ended up paying $200 of it, and we hadn’t officially set the budget yet.
Post # 9
If it were only a couple thousand over when it’s all said and done then yes I would, but 12k is a LOT over. If you have the money to do it and wouldn’t drive yourselves into debt then do it I guess, but I can’t imagine going that much over for a venue.
Post # 10
12k is a big difference. I would maybe spend up to 3 grand more for the perfect venue, but I would never spend 12 grand extra just for that. I would put that money towards other things.
Post # 11
Can you afford adding an extra $12k to your budget? That’s a huge amount of money to add, and there’s probably a reason it wasn’t in your original budget.
That being said, I did splurge on my venue because I loved it, but it definitely wasn’t a $12k splurge… Have you talked to your Fiance about it?
Post # 12
I think it really depends, what are you willing to give up for the venue? Can you juggle around other things? By the time you do this have you given up so much that the change isn’t worth it? I think you need to really evaluate what is ‘perfect’ about this new venue vs. the other one. Are these things that anyone but you will notice? Is it a real difference or is it just that one is just slightly more your style? If you have heard great things about the less expensive place it sounds like it is a place where people have had a fantastic time and likely your guests will have a fantastic time there as well, which is the most important thing. If it is just small differences in appearance then is it really worth going into debt to the tune of 12K? That takes longer to pay off than you think.
Post # 12
Not for a $12k difference. No way. Maybe if we were talking $3-4k but not 12.
Post # 12
@abbie017: In order to afford it, we would have to pull from our previous savings, which I originally was not planning on touching. Fiance loves the venue but he doesn’t think it would be worth it, but would be OK if I decided to splurge since this will only happen once in our lives.
Post # 13
@kn8973: I wouldn’t. Money disagreements is such a big problem in so many marriages. That money might be needed for something more important one day (baby, injury or illness, job loss). If Fiance isn’t 100% in agreement with you, then this could easy become a problem in the future.
It really wouldn’t be worth it to me.
Post # 14
I’d say no. 2K-3K is one thing, but 12K, especially 12K that is pulled from savings or puts one in debt, is a no in my book. I’d splurge and spend an extra 1K-2K on uplighting, fancier decor, whatever, at the cheaper venue and enjoy the savings.