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How are you tracking against your original wedding budget?

posted 2 years ago in Money
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    Bumble bee
    Lorienne    January 1, 2016   Los Angeles, CA

    How are you doing in terms of actual costs vs. your original wedding budget? 

    If you are under budget, what helped you come in below your plan?

    If you are over budget, are you planning to cut costs elsewhere to come in on target, or are you bumping up your budget?

    Attachments

    1. How are you tracking against your original wedding budget? :  wedding Img 36.jpg (476.5 KB, 26 downloads) 1 year old
    2. How are you tracking against your original wedding budget? :  wedding Img 35.jpg (398 KB, 28 downloads) 1 year old
     
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    Busy bee
    mrsleopard    November 22, 2008   Los Angeles

    We ended up spending almost twice what we originally wanted to spend.  We were able to pay for all but $4k - that went on credit cards.  6 months after the wedding and it's paid off.

    I cut in areas that weren't noticeable - our favor boxes weren't that special, we didn't have a videographer, we cut an hors d'oeuvre to save about $3 per person.  But I splurged on chivari chairs and our linens.

     

    Attachments

    1. How are you tracking against your original wedding budget? :  wedding Img Table_Runner.jpg (158.4 KB, 25 downloads) 1 year old
    2. How are you tracking against your original wedding budget? :  wedding Img Table_Linens.jpg (212.6 KB, 25 downloads) 1 year old
     
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    Worker bee
    Chianti    July 23, 2010   Northern Virginia

    So far, we're a little over budget, but that's more because I was a bit naive about how much things were going to cost in this area. It's a lot more expensive to throw a wedding where I'm living now than where I came from. I've had to redo the budget to reflect these higher costs, plus I'm looking for places where I can save, such as doing our STDs, invitations, programs, and favors.

     
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    Blushing bee
    coralray24    09/26/2009   Tucson, AZ

    We are over budget...partly because I didn't include some of the expenses in our original budget (honeymoon, rehearsal dinner)...and there are a few things I really want as a keepsake that cost a bit more, so I am working to save in other places.  Definately though we are going to come out over budget...=(

    Attachments

    1. How are you tracking against your original wedding budget? :  wedding Img Maggie-Sottero-Wedding-Dress-Fiorella-.jpg (27.6 KB, 29 downloads) 1 year old
     
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    Busy bee
    Grey56    10/10/09   RI

    We are officially $2.10 over budget, with 4 months left to go.  I purposefully overestimated so that we'd be able to come in under budget.  So I sort of tricked myself into it!  Then my dress ended up being half what I was expecting, and I found great hair and makeup people at great prices.  We also budgeted for FI's tux, but it's going to be free since we are renting for all the GM.  Those little things add up! 

    We originally weren't going to have a videographer either, but we fit that in, too.  

    I am not being very specific about receipts though.  For example, I just bought some crafting things to make TY cards, and I am not counting that towards the budget, since I'll be able to use the stamps for other projects.  Is that cheating?  Probably!!

     
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    Bumble bee
    august15bride    August 15, 2009   St. Petersburg, FL

    We are slowly but surely creeping over our budget...those little things add up!

     
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    Helper bee
    Karma007    10/10/2009   Bay Area

    Right now we're over, b/c I just spent 2x my gift budget. I can't help it, I just love my people!

    Attachments

    1. How are you tracking against your original wedding budget? :  wedding Img IMG_0598.JPG (1077.4 KB, 21 downloads) 1 year old
    2. How are you tracking against your original wedding budget? :  wedding Img IMG_0596.JPG (1220.7 KB, 18 downloads) 1 year old
    3. How are you tracking against your original wedding budget? :  wedding Img white_satin_garter.JPG (9 KB, 17 downloads) 1 year old
    4. How are you tracking against your original wedding budget? :  wedding Img Light_Blue_Garter1.JPG (19.2 KB, 19 downloads) 1 year old
    5. How are you tracking against your original wedding budget? :  wedding Img Black_Garter.JPG (11.8 KB, 22 downloads) 1 year old
    6. How are you tracking against your original wedding budget? :  wedding Img Red_Garter.JPG (10.6 KB, 24 downloads) 1 year old
     
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    Bumble bee
    MrsK2be    November 15, 2008   Ohio

    We stayed within our budget until literally two weeks before our wedding!  Then, we started purchasing things that we had not accounted for.  Our wedding was out of town (in my home town) so there were travel expenses involved during that week, extra costs for paper/bags/goodies to complete our ceremony programs and OOT bags and extra costs of purchasing gifts for our wedding party and parents.  I also had my rings re-dipped and cleaned.  DH scheduled a golf outing with his guys and I scheduled pedicures and luncheons with my girls...

    Just little things that added up quickly.  Other than that  - we stayed right on!  If i would have planned on those expenses I think we would have been fine...but I just overlooked them I guess :)

     
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    CalicoBride    7/11/09   Omaha, NE

    I found out very quickly that our original budget was naive.  We've almost doubled it, but since we started at $5000, I'm not that concerned. FH got some extra work, and we are still paying cash for everything.  It's hard to know how much things are going to cost before you start planning. I do think we are getting exactly what we wanted when we started planning, and it feels like we're getting great value for all our choices.

     
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    Helper bee
    365    November 3, 2015   Ontario

    We don't really have a budget, we're just pulling from our paycheques. Right now we have one of my dresses, my veil, jewellery, the material for his/the groomsmens ties, andddd about a third of the stationary stuff and we're around $100.

     

    Wohooo for doing things on the cheap. 

     
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    Helper bee
    laurajane    July 25, 2009   Toronto ON

    We're over, but we were anticipating it since my fiance added 20 people (+ dates!) in the week following our invites being mailed out...  Irritating, but to be expected!

     
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    bellenga    July 31, 2010   Georgia

    When we get around to this it will be interesting.  T is a financial whiz and I'm quite disciplined but this girl knows what she wants!!!

    T tells companies how to save and manage their money and be more efficient.   I know he will do that for our wedding planning also.

    If I were a betting woman, he'd have us come in BELOW our estimation!  Lol!

     
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    Sugar bee
    Jenniphyr    February 2, 2013   Alberta, Canada

    We haven't made any actual PURCHASES yet, but the cost information we've gathered is all based on ACTUAL prices in our area, so.

    Our initial maximum budget was $10000, and our estimated actual cost is between $4000-$6000 (not including the honeymoon or engagement ring, but includes everything else). With the honeymoon and e-ring, depending on what we do for the honeymoon (split between camping, or going tropical), that'll increase to about $6000 ($4000 plus $1K for the ring and $1K for the honeymoon) to $12000 ($6000 plus $1K for the ring and $5K for the honeymoon).

    Attachments

    1. How are you tracking against your original wedding budget? :  wedding Img centerpieces.jpg (119.8 KB, 39 downloads) 1 year old
     
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    Bumble bee
    jhphi    January 1, 2008  

    On track so far-- when things come in at over my estimate, I just ruthlessly cut/eliminate from other areas.  So, when the band I wanted was a little bit more than I budgeted, I just eliminated Save the Dates.  Sure, they would've been "nice," but my wedding is not really a destination wedding, nor is it on a busy summer weekend.  So, I make cuts where cuts are possible.

    Attachments

    1. How are you tracking against your original wedding budget? :  wedding Img Picture_021.jpg (2184.5 KB, 16 downloads) 1 year old
    2. How are you tracking against your original wedding budget? :  wedding Img Picture_021.jpg (2184.5 KB, 15 downloads) 1 year old
    3. How are you tracking against your original wedding budget? :  wedding Img Picture_019.jpg (1764.8 KB, 12 downloads) 1 year old
     
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    pinkunicorn84      

    I could cry today - our original budget was 5K, we realized that was unrealistic - increased it to 10K - then little things had us pushing to 12K, so we figured our absolute max would be 15K - and after going out and pricing things that I had "guesstimated" am not at 18K.  And this is fairly no frills too!  Considering I am still almost 9 months out I shudder to think of where things end up with any odds and ends I'm overlooking!

     
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    Busy bee
    poli2b    October 11, 2009   Aliso Viejo

    Well I thought we could do it for $10k, but my FI was like $14k is how much it will probably cost. And he was correct. It's amazing that it's still costing so much considering I am DIYing so much and even cut flowers from my budget. That's southern california for you.

     
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    Br1tSh1n1ngStar    10/17/09   New Jersey

    I wanted to stay around 15K but set up a spreadsheet reflecting inflated costs of things for my wedding and reception to hopefully avoid and "surprises." FI thinks 18K would be more realistic since that was the total of my inflated budget. We are about 4 months away and with a few estimates of things we can't order just yet. We are coming in just under 17K.. I'm so happy cause it's def easy to get carried away. That budget doesn't reflect our honeymoon expenses which we just booked yesterday for about $2,500. Not too bad, we both worked hard to save up, so for the wedding we are pulling off, we got great deals on most of our stuff!

    O i'm also DIYing a lot, including real flower centerpieces so that price does include real flowers!

     
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    Miss Burgundy    May 28, 2010   Southern California

    It's hard to say, since i"m so early in the planning stages. I'm coming up short in a couple categories (namely photography) but then have money leftover in other places (dress, rings). So I'm hoping everything will just kind of even out and I'll be in budget :D

     
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    Busy bee
    Chela429    3/29/09   Long Island, NY

    We were slightly underbudget, but only because less people came then we expected. 

     
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    Busy bee
    West Coast Bride    May 16, 2009   Vancouver Island, British Columbia

    We came in under budget for the wedding, and a lot of people seem to confuse having a total desired cost with having an actual budget.  Anyone who works in planning or project management will tell you that budgetting a project is the first step.  If you're trying to avoid overspending, the smartest way to do that is monitor and track your spending. For ours, I craeted four columns to track each type of expense in the budget:

    1. estimated cost

    2. actual quote

    3. deposit paid

    4. wedding day balance

    This way, I always knew where we stood, and when I came upon a cost where I didn't want to skimp (like the food and beverages) I quickly adjusted something else to try and accomodate.  

     

    I won't lie though--if you want to stay within your budget, it comes down to negotiating with yourself. I recognize it would have been glorious to have a more elaborate decor, a videographer or a fancier meal, but at the end of the day, we spent what we were comfortable spending, and we've been able to move forward on other financial goals without feeling hobbled by wedding expenses/debts after the fact.  If you want to see my budget, PM me and I can show you how I laid it out!

     
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    Busy bee
    NixLapi    October 24, 2009   Toronto

    We're under - yay! With all the major vendors booked I'm thrilled to be under... and am trying to keep it that way with all the bits and pieces coming up.

    We lucked out with our photographer being $600 under-budget, and I found an amazing baker who works from home - that chopped our cupcake budget from $400 to $100! We've also been very lucky, recently having our dinner wine unexpectedly gifted to us...

    When first starting out we did something similar to West Coast Bride above - set up a spereadsheet and made an itamized budget. We're filling in it as we go, and it's really handy - giving me a clear picture on what I can spend where. I also find thinking things over helps... I talked myself into spending $2/pp for candy bar bags... then realised how ridiculous that was with our budget, as much as I loved them (they were reusable baggie alternative - very cool!). Fortunately I gave myself a cooling-down period prior to ordering.

     
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    Jessie516    May 16, 2009   Ann Arbor, MI

    We came in UNDER our budget.  We ended up about 3% under our original budget, which I was super excited about!  When we did our budget, we did leave ourselves some wiggle room--I did projections for hitting our actual budget and then going over by different percentages, just so we could look at the ballpark.  We really made a concerted effort to make sure that we stayed under budget.  Yes, that meant cutting a few things we wanted (extra table linens, aisle runner, among others), but it was important to me to stick to what we could afford. 

     

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