how close was your budget estimate to the actual expenditures?

posted 3 years ago in Money
  • poll: how close were your budget estimates to your actual expenditures, either over or under?
    bullseye, down to the dollar or 5% over/under of budget : (7 votes)
    17 %
    almost dead on, within 10% over/under : (10 votes)
    24 %
    over/under 20% : (13 votes)
    31 %
    over/under 30% : (7 votes)
    17 %
    over/under 40% : (2 votes)
    5 %
    samsonite, i was way off, over/under 50% or more : (1 votes)
    2 %
    . : (2 votes)
    5 %
  • Post # 4
    Member
    1340 posts
    Bumble bee
    • Wedding: July 2013

    We came in under what I had expected we would pay. But we didn’t really have a budget as we were not sure if we’d be able to do much. Everything turned out fine once we wrapped our heads around no open bar, lol.

    Post # 5
    Member
    11772 posts
    Sugar Beekeeper
    • Wedding: May 2013

    I wanted to spend 2.5K, but DH gave me a 5K budget.

    I grudgingly agreed that our wedding would cost 4K (after booking the big items) and it cost almost exactly 4K!

    Post # 6
    Member
    11772 posts
    Sugar Beekeeper
    • Wedding: May 2013

    I wanted to spend 2.5K, but DH gave me a 5K budget.

    I grudgingly agreed that our wedding would cost 4K (after booking the big items) and it cost almost exactly 4K!

    Post # 7
    Member
    9531 posts
    Buzzing Beekeeper
    • Wedding: August 2013

    So when we very first started planning we decided that our ideal budget was $15k but that out top budget was $25k. Once we figured out the major vendors and made estimates for everything our budget was looking like we would spend around $21. After everything was said and done we spent about $17,500. We budgeted as if everyone invited actually came and we only had a 65% acceptance rate and my dad ended up gifting us all the food for the welcome dinner, farewell breakfast and a few easy hors d’oeuvres. My dress was not included in the budget because my grandmother bought it for me. We also recieved $3k from my husband’s family and $1k from my other grandmother. So we really only spent $13,500 of our money. 

    Post # 8
    Member
    3476 posts
    Sugar bee
    • Wedding: May 2012

    0.001% over on a $25,000 budget, or within $25.

    Post # 9
    Member
    931 posts
    Busy bee
    • Wedding: June 2013

    We were way under.  But part of that is our parents paid for most of it and DH and I wanted to keep the budget down for them!

    Post # 10
    Member
    1060 posts
    Bumble bee
    • Wedding: October 2012

    I think we ended up about 10% over budget.

    Our engagement was just over a year long so there were lots of things that were purchased along that way that didn’t really get accounted for in the budget because they were trivial : $50 here, $20 there, $100 for this etc.

    I ended up calculating our total cost by tallying up just the vendors and large costs: DJ, Photog, Venue, Ceremony, Attire, etc. and then averaging about $500 for everything else.

    Post # 11
    Member
    851 posts
    Busy bee
    • Wedding: July 2013 - The front lawn of our church

    My initial budget was $3,000 but I’m a teacher and was supposed to be teaching summer school… Long story short, that didn’t work out so I ended up working only part time for 2 months leading up to my wedding. I ended up spending only about $2,000.

    Post # 12
    Member
    3735 posts
    Sugar bee
    • Wedding: September 2014

    @BeeG35:  I am going over by 50% or more but that’s because I had NO IDEA what weddings cost when I put the figure down on paper. I wanted a wedding for $10K. Then $15K. Then… well, you get it. We’re at $30K now. Oh well. We are not upset about it but it was a learning curve.

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