(Closed) Are you going over budget?

posted 7 years ago in Money
  • poll: Are you going over budget?
    No, we are staying right around our budget. : (10 votes)
    16 %
    Yes, we are going just a littleover budget. : (34 votes)
    54 %
    We are WAY over the set budget. : (14 votes)
    22 %
    We are actually coming in under budget. : (5 votes)
    8 %
  • Post # 3
    Member
    1046 posts
    Bumble bee
    • Wedding: December 2010

    I think the important thing about setting a budget is actually determining how much money you have to spend and then making sure that everything in each category is coming in under that. We also set a “discretionary” budget that we could take from if something went over. But if an item costs more than what we have in the budget for that category + discretionary, we just don’t buy or book it.

    We’re coming in around $1-2000 under budget.

    Post # 4
    Member
    190 posts
    Blushing bee
    • Wedding: April 2011

    Dont beat yourself up over it! The best thing is to not go into debt for the wedding.

    We’ve actually went over a little bit on everything so far, so I’m trying to come in under budget with reception decor. The thing that is eating away at our budget is the number of guests and our videographer. We can’t seem to cut our numbers down!

    Post # 5
    Member
    1641 posts
    Bumble bee
    • Wedding: May 2011

    Our budget doubled. However, I think our original budget just wasn’t realistic for what wanted (venue, number of guests, dress, etc.)

    Post # 6
    Member
    78 posts
    Worker bee
    • Wedding: January 2011

    Well we always wanted to spend $10K, but even from the beginning of planning it was between $11-12K, and we’ve stuck to that pretty good. I still wish we could make it work at $10K, but there is no way.

    Post # 7
    Member
    173 posts
    Blushing bee
    • Wedding: June 2011

    We have $15,000 for the wedding so we told ourselves to budget for a $10,000 wedding and then when we went over it wouldn’t really be over. So with our $10,000 budget it looks right now like we’ll be coming in around $13,500, so it is a little over- but still within the amout of money we have. It has actually worked out really well!

    I actually used a budget tool to begin with but didn’t like it. I have certain things that are important to me, like photography, and want to spend as much as I need to on them. However, the budgeting tools kept saying things like $600 for photography. I ended up spending $2,250. And then other things they had really expensive, I didn’t even care about. It was easier to make my own budget based on what I considered important.

    It also helps to keep track of the costs as they add up on a spreadsheet so that you know where you are at at all times, so you aren’t ever surprised!

    Post # 8
    Member
    353 posts
    Helper bee
    • Wedding: July 2011

    We started out with a budget of no more than $15k for the whole shebang but it only took about two weeks for us to revise the budget completely to $25k. When we seriously started researching venues and caterers we had a reality check and realized that if we wanted to stick to our original idea the budget had to increase.

    Since we revised the budget we’ve been sticking to it though and will probably come in under budget, I guess we’re a lot more realist about how much things actually cost now.

    Post # 9
    Member
    7300 posts
    Busy Beekeeper
    • Wedding: September 2012

    $10k here and we are sticking to it. We are doing a lot of skill swapping (graphic design/web development for other services.) a LOT of DIY and only inviting people who are important instead of everyone we know. (Those people can come to the after party) 2000dollarwedding.com is keeping me in check.

    Post # 10
    Member
    606 posts
    Busy bee
    • Wedding: April 2011

    I was completely on budget until………I got the catering estimate!! Wow it was $1000 over what I thought.  I was under the impression it was a per plate charge but there seems to be a per person and then a staff charge????? Anyways trying to work this out but will be over if this is correct.

    Post # 11
    Member
    10288 posts
    Sugar Beekeeper
    • Wedding: October 2011

    Our budget is $10K but we’re currently at around $11,500 not including our honeymoon and my e-ring. 

    Post # 12
    Member
    11325 posts
    Sugar Beekeeper
    • Wedding: February 2011

    I anticipate we’ll go over but not by that much. Probably less than $1000 over on the wedding (budget is 13k) and maybe 500-1000 over on honeymoon (budget is 3k)

    Post # 14
    Member
    5148 posts
    Bee Keeper
    • Wedding: June 2011

    We are “over budget”, but we discovered our original budget was unreasonable for what we wanted in a wedding and we had no idea what things cost when we first started planning. (We originally thought $5000, it’s going to be closer to $10,000.)

    The topic ‘Are you going over budget?’ is closed to new replies.

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