(Closed) Budgets….Under Budget?….At Budget….Dont have a clue?

posted 6 years ago in Money
Post # 2
Member
9538 posts
Buzzing Beekeeper
  • Wedding: August 2013

Well, when we started out we set our “ideal” budget and our “absolute max” budget. We ended up slightly over our ideal budget but way under our max budget. I was pretty happy with that. We did a lot of shopping around for vendors, I DIYed a lot, we got cheaper versions of most things and outright dropped a lot of things that we didn’t really care about.

Post # 4
Member
2490 posts
Buzzing bee
  • Wedding: August 2015

I am going over budget but I was a little naive about the cost of things. After shopping around, I realized it was practically impossible to get quality vendors for my original budgeted price. With that said, I am happy with what we are spending- certainly not breaking the bank. And my parents surprised us with a big chuck of money, so that definitely helps.

Post # 5
Member
7567 posts
Bumble Beekeeper
  • Wedding: September 2012

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springbee2015:  We didn’t really set a budget, honestly. I don’t mean that in the aspect of we have unlimited funds because we didn’t go crazy – but we also didn’t really restrict ourselves too much. There were definitely things I looked into and decided “that’s too much money, we’re not doing that”. Not becuase it was “out of our budget” but becuase it just wasn’t worth it to me to spend the money.

Weddings are expensive, and we knew going into it that to have the wedding we wanted it was going to cost money. We refused to set an unreasonable number for a budget because, as a wedding photographer myself I already knew how much stuff costs. We had a set amount my parents gave us and anything above that was up to us. We ended up doubling that amount, so I guess you could say we went over budget. We certainly aren’t millionairs but because we already were established as a couple with a home and such, it’s not like we were saving to start our life together.

The phrase “I’m on a budget” is probably my most annoyed phrase ever. Everyone is on a budget, some just have bigger budgets than ever. Only you can decide if it’s worth it to go over budget. To me it was worth it to go “over budget”. We could have easily had a wedding on the amount of money my parents gave us, but we felt like we really wanted to have the wedding we wanted. We didn’t want to comprimise on the things we wanted and hosting an amazing party for our guests – nor did we want to scale our guest list down. There were a few things I wanted that I passed on, because it was something that was FOR ME, and really didn’t have anything to do with the comfort and enjoyment of our guests. I’ll be honest and say I get pretty irrirated when I’m at a wedding and the bride has two dresses, all sorts of DIY crafts that you know costs money, yet we’re eating tiny amounts of food and nowhere to sit. We knew we did NOT want that to be our wedding.

Post # 7
Member
7567 posts
Bumble Beekeeper
  • Wedding: September 2012

View original reply
Isabelle663:  I am going over budget but I was a little naive about the cost of things. After shopping around, I realized it was practically impossible to get quality vendors for my original budgeted price.

+1 I will say, as a wedding photogarpher, this is the #1 reason people “go over budget”. It’s not that they have expensive taste, it’s that they have no idea how much wedding stuff really costs and they go into it with an unrealistic budget for everything they want.

Post # 8
Member
911 posts
Busy bee
  • Wedding: December 2015

I initially did it backwards – I said I wanted to pay x amount and figured I could make that work, without doing any research.

As soon as we looked at venues, I realized that was not realistic.  I sat down and did some research into vendors in our area and average costs of services.  My fiance and I also talked about our priorities.  I then made a budget, which has been somewhat fluid but so far successful.  Whenever we book something, I write it down in the spreadsheet.  If we’re going over in areas, we talk about where we can cut, or decide if it’s worth it to increase the budget.

So far we’re within a few hundred dollars of the revised budget, so I’m feeling pretty good about it!

Post # 9
Member
783 posts
Busy bee
  • Wedding: October 2015

We have a rough estimate type of budget lol. We picked out venue (based on the date we needed and the locations we wanted) and from there we are choosing out vendors based on cost, reviews, interviews, quality. We have been VERY lucky thus far finding vendors who do excellent work for less money than we were expecting (we are from the Boston are but most of our vendors are from upstate NY as we are getting married in the Berkshires in MA-very close to NY. The cost is a lot less than in our area!)I really wanted to spend less then 900 on a dress, but with the fact I wanted full lace and needed good support (I’m busty and didn’t want to deal with undergarments), I ended up over budget but under my max budget for a dress. My parents are actually going to split the cost of my dress as they cannot help with anything else, so things tend to even out.

We have an ideal budget and a max budget in mind. As long as we don’t go over the max we’re fine. Not the way everyone else does it, but it works for us.

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