(Closed) Dream wedding or dream budget?

posted 5 years ago in Venue
Post # 3
Hostess
11167 posts
Sugar Beekeeper

Well I know what we did but that isn’t to say that it is right for you.

When we started planning we had no idea how much weddings cost but I did have an idea of what I wanted. Our original budget was $25k and we quickly realized that this wasn’t going to cut it. As we could afford much more we went all out. I went from cutting costs to adding many. In the end we spent over $75k on our wedding and neither of us regret it for a moment. We had an amazing, over the top, dream wedding and we could afford it ourselves. It was our priority and our money so we did what we thought was best for us.

In the end you and your Fiance have to decide if you would rather have the perfect venue or keep the money for something else.

Post # 4
Member
1326 posts
Bumble bee
  • Wedding: August 2013

If I really loved it, I would cut back in other areas to be able to afford it or not go over budget. Maybe you could cut back on flowers, less expensive invites, friendors, finding vendors on Kijiji etc. I would find a way to make it happen. 

Post # 5
Member
259 posts
Helper bee
  • Wedding: June 2013

@BabyBrain:  Well, I guess it would comes down to personal financial goals and expectations. Fiance and I could have spent up to $25k on the wedding alone and we would have been comfortable financially, but not personally. I saw an amazing venue that including everything, but would have pushed our budget toward the $25k.

Instead, we decided that buying a home soon was a smarter financial investment for us. So we cut the budget down to $10k and we are sticking to it. We found a great venue, I will do some DIY stuff and it will work because at the end of the day, we will be married and still have $15k to put toward the home of our dreams.

I think it depends if you will be comfortable at the end of the day with spending that much more. It’s not always if you can afford something, but if you are comfortable affording it.

Do you two have upcoming big expenses that you would rather put that money towards? Like buying a home, going on a trip, having a child? If you are fine with spending the money and it wouldn’t affect those goals, then you could go for it.

 

Post # 6
Member
3625 posts
Sugar bee
  • Wedding: June 2012

The venue you really want seems to be better in a lot of ways which are priceless, such as being more hasslefree and organized. If we’re not talking a huge difference (by huge, I mean like $50k or something), then I would just pick the better one.

In our case, Darling Husband and I didn’t have a set budget but he did have a general number he wanted to spend (which in our case was totally unrealistic). We ended up spending way more but really, we had a beautiful, wonderful day and it was all paid in cash. Everything was exactly what we wanted and we were not happy with vendors that came in cheaper.

Post # 8
Member
4046 posts
Honey bee
  • Wedding: November 1999

If you can afford it, I would go the stress free route. I think you will look back on a more relaxed day with happiness, that feeling will be better than the money you will save.

Post # 10
Member
103 posts
Blushing bee
  • Wedding: October 2013

@BabyBrain:  I was in the exact same position as you. But my venue was the one thing that I really wanted. It was actually disgustingly expensive, but you’re only doing this once. So you might as well do it right. While it is a lot of money, I know I will have zero regrets about it. You just have to be concious about the rest of your budget. Think about it this way, the venue essentailly takes care of pretty much everything for you. I definitely went with my dream venue, and didnt ‘completely’ ignore my dream budget. I’m cutting in areas that I dont care as much about. ie. if you’re not too particular with what kind of flowers, let the florist pick which ones are cheapest in april so long as the colours are right.

 

I vote dream venue!

Post # 11
Member
9198 posts
Buzzing Beekeeper
  • Wedding: August 2013 - Rocky Mountains USA

If you can afford it and it’s important to you personally due to your anxiety issues – go for it!

Post # 13
Member
103 posts
Blushing bee
  • Wedding: October 2013

@BabyBrain:  then it sounds like dream venue is the right choice!! 🙂

Post # 15
Hostess
7561 posts
Bumble Beekeeper
  • Wedding: January 2013

@BabyBrain:  If your dream wedding is 10,000, what is the dream budget? How much of a difference are we talking about here? 

It really depends on what’s most important to you. 

Post # 16
Member
3625 posts
Sugar bee
  • Wedding: June 2012

@BabyBrain:  It’ll take some time to settle in but you’ll adjust! Hopefully, your parents don’t say anything negative. Darling Husband didn’t grow up with a lot of money either and he catches a lot of flack from his folks when they think we’re being frivolous with our money. You can try not telling them the exact truth. We didn’t tell his parents the exact cost of everything in our wedding because they probably would’ve passed out!

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