Going over budget?!

posted 2 years ago in Money
Post # 2
Member
344 posts
Helper bee
  • Wedding: June 2014

It’s fairly easy to go over budget because it’s a rare event of life so there are many things that pop up that you don’t think of or you underestimate in certain areas. Of course, my budget was 1/10 of yours! I think we went over budget a little but I don’t know the specifics as my parents paid.

Post # 3
Member
3882 posts
Honey bee
  • Wedding: April 2017

Probably well over 50% of couples go over budget. It’s basically the norm. 

Our initial budget was $15k but we decided to increase it to $20k, and we actually came in under that. So technically we were under-budget but if we’d stuck with the original one we’d be over. 

$500-$1000 hardly seems like a ‘yikes’ amount though when your budget is $50k. It’s like 1%.

Post # 4
Member
1756 posts
Buzzing bee

We actually built in a buffer into our budget for that reason. Budget for everything ring, wedding and honeymoon is $50k, we’ve set aside an extra 20% to cover going over. We know it will happen, he likes to say yes to me. We also have a lot of moving pieces to pay for and possibly more so we wanted to have the contingency room just in case. 

Post # 5
Hostess
1694 posts
Bumble bee
  • Wedding: October 2017

Honestly we went a good 30% over our budget and ours wasn’t anywhere near yours so I’d consider yourself lucky?

Post # 6
Member
63 posts
Worker bee

Yes, $500 over is fantastic! I’ll be happy if I’m within 3K! 

Post # 7
Member
1721 posts
Bumble bee
  • Wedding: October 2017

We thought we’d spend like 60-65K but ended up spending 70-75k. Sooooo I think $500-$1000 is fine. 

Post # 8
Member
2858 posts
Sugar bee
  • Wedding: November 2018

$500 to $1000 wouldn’t really be a “yikes” for us but our budget is pretty small to begin with. Our original budget was $5K but have since decided we would be okay with anything under $8K. It’s totaling up to be right around $7K so we should be good. 

Post # 9
Member
1751 posts
Buzzing bee
  • Wedding: May 2018

Fi and I are pretty crazy about staying on budget. For me, it’s just a party and going over budget isn’t worth it. I forgot to add pet sitting to the budget, so the money is coming from decor and my dress budget. Not ideal, but $5000 is definitely enough money to spend on a day, so going over isn’t going to happen.

Post # 10
Member
554 posts
Busy bee

definitely over what we wanted to spend… even with being budget conscious!! its not easy. hoping it will all be worth it for us and our guests! <3

Post # 11
Member
133 posts
Blushing bee

My father is paying for most of the wedding- we will definitely be going over the budget he gave and that’s not including my dress, the photographer and a lot of decor items. From what I hear it is very common 🤷🏻‍♀️ 

Post # 12
Member
606 posts
Busy bee
  • Wedding: January 2018

We definitely, definitely went over budget. I felt like I was trying really hard to be frugal but in the end everything added up so quickly and I just couldn’t compromise on certain things so yeah… I think we ended up 5-7ks over… it was not good! But pretty much all of my friends have the same story so that makes me feel better I guess. yell

Post # 13
Member
5708 posts
Bee Keeper
  • Wedding: July 2018

First we created an initial ‘this is what I feel a wedding costs’ budget, which we quickly doubled.  Then I realized all the things we forgot to include in the new budget, invitations, alterations etc so we will definitely end up over budget.  Although I’m trying to remind myself it was a loose budget so I feel better about it. 

Post # 14
Member
2037 posts
Buzzing bee
  • Wedding: February 2016

I’d consider that amount to be more like rounding issues, rather than going over budget. Especially given your budget. So it’s just all the random $88 here and $34 there. Which means if you budget $2500 for a photographer and it’s actually costing $2584 you’re pretty close to your budget.

Post # 15
Member
13660 posts
Honey Beekeeper
  • Wedding: November 1999

$500 on a $50k budget is nothing to “yikes” about.  I was thinking that you were thousands over budget.  That being said — you control the budget and the expenses, so keep tracking where you’re spending, see where you can cut, and stay within the parameters you originally set.   If you can keep it at only $500 over, you’re doing good!

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