(Closed) HOW ARE YOU PAYING FOR YOUR WEDDING?

posted 7 years ago in 20 Something
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  • Post # 76
    Member
    8 posts
    Newbee
    • Wedding: July 2015

    1. Who is paying for the wedding?  My parents are paying for the wedding, and FI’s parents are paying for rehearsal and wedding band.

    2. What is your wedding budget? Are you hoping to come in under budget?  We don’t really have a budget. I think the total spending will be close to $75,000 (a guest list of around 300). But we have been spending reasonably on each specific wedding related expense.

    3. How are you paying?  Cash, my parents have been saving for this.

    3. What is your savings plan & how are you sticking to it?  My parents have saved for this, his parents had the money for the items they are spending money on. And my fiance and I are spending as we go on smaller wedding items such as Save the Dates, our wedding bands, and I paid for my bridesmaids’ dresses.

    4. What budgeting tricks are you using? Making sure to look up all different options and trying to get the best balance of spending/quality. In addition, if we spend more on something that we weren’t expecting we will cut from another item. For us, we will spend more on photography than we first thought so we will try to decrease money spent on flowers (they die the next day anyway, and pictures are forever!).

    5. Also, does your wedding budget include the honeymoon?  No, my fiance and I will be paying for our honeymoon ourselves (we didn’t want to have to restrict on this big trip, and we probably won’t make it to Europe again for a while), and have been saving and will have the balance soon.

    Post # 77
    Member
    238 posts
    Helper bee

    Fiance is 25, I’m 23.

    1. Who is paying for the wedding?

    Ourselves. (Technically, it would be my fiance as he is the one that is working!)

    2. What is your wedding budget? Are you hoping to come in under budget?

    We’re doing 2 weddings, 15k for wedding at his country, another 5k for wedding at my country.. Definitely yes. I’ve set that budget but I know I’m definitely going to end up less than that.

    3. How are you paying? (Cash, credit cards, loan?)

    Not cash, we’ll use 0% interest cc and use our cash to pay off the cards so we get points instead.

    Loan – Option because fiance wants to ask his dad for a loan, and pay dad bit by bit, if we don’t have enough savings by the time wedding arrives.

    3. What is your savings plan & how are you sticking to it?

    We’re using 0% interest cc and pay off more than minimum monthly. We pay for the house loan as well. We budget to spending 1.5k a month. And at the end, we save up what we can.

    4. What budgeting tricks are you using?

    – We’re doing small receptions for both. Nothing luxurious or over the top, very simple stuff.

    – Will DIY on deco and invitations (I’m an illustrator). 

    – My dresses (will have 3) will be tailored made, about 500 each.

    – Not doing flowers.

    – No band, I don’t want it, playing playlist is more than enough.

    – I’ll spend most on photography, videography and food.

    – Probably won’t spend on make up either, neither of us are fans of me putting on make up.

    – We’re also not having bridesmaids and groomsmen.

    – Won’t be having gift registry. We’ll have everything we need for our house way before the wedding comes. My culture, we give money instead of presents.

    Also, does your wedding budget include the honeymoon? 

    No. Honeymoon, we’ll be going to his birth country where most of his relatives are. It was my idea, I told him it’ll be good because I haven’t met his grandad, and he loved it.

    Since we’re flying for weddings, tickets aren’t included in the budget. We’ll most probably pay for my mum and my godmum’s flights to go to his country for our wedding. Depends on how tight our budget is.

    Post # 78
    Member
    1730 posts
    Bumble bee
    • Wedding: June 2015

    1. Who is paying for the wedding? (you, parents, in laws, other)

    Our parents are splitting the wedding costs 50/50 (with Fiance and I paying for little things along the way).

    2. What is your wedding budget? Are you hoping to come in under budget?

    $55,000 or so. I think we’ll come in closer to $50,000.

    3. How are you paying? (Cash, credit cards, loan?)

    Well, our parents are generally paying for things as they come up. As we get closer and have to start paying for the bigger things (food, alcohol, etc.), we’re going to use a rewards credit card to pay for everything, and then pay the balance off immediately with cash from our parents.

    3. What is your savings plan & how are you sticking to it? (i.e each take from weekly paycheck)

    We’re not. We’re both in grad school, so we don’t really have any opportunities to save right now, anyway. Before July, I was working full-time and did save some. I ended up paying for the initial deposit for the venue on my own (it was about $1500).

    4. What budgeting tricks are you using? (cutting guest list, all inclusive wedding package, vendor connections, etc)

    We definitely cut our guest list a bit, though we’re still inviting around 150 people. We live in a very expensive city, and though our budget seems big, it really isn’t for having a wedding right downtown. I think we got a really great deal on our venue, and it’s basically all-inclusive, which is definitely saving us some money. I also ended up choosing a dress that was only about half of my initial budget, so that was an unexpected savings. 

    Our budget does not include our honeymoon. We’re not going on our honeymoon right away (we have to wait about 6 weeks because of FI’s summer associate position), but we’ll be paying for that ourselves, anyway.

    Post # 79
    Member
    207 posts
    Helper bee
    • Wedding: October 2016

    This is tenative. We are STILL working things out.

     

    1. Who is paying for the wedding? us, the couple, and minor help from parents.

    2. What is your wedding budget? Hoping for no more then $9000. 175-200 guests. Plated meals. The whole works.

    3. How are you paying? Cash/Debit card. Absolutely NO credit cards or loans! That is my rule

    3. What is your savings plan & how are you sticking to it? savings, purchasing as things go.

    4. What budgeting tricks are you using? DIY, all the way.

     

    Also, does your wedding budget include the honeymoon?

    No honeymoon in there. Not even on my radar.<br /><br />Read more: http://boards.weddingbee.com/topic/how-are-you-paying-for-your-wedding-5/#ixzz3LWzzYlV4

    Post # 80
    Member
    186 posts
    Blushing bee
    • Wedding: October 2015

    I too have wondered about all the questions you have. My Fiance and I have a budget of 10000 as well. We figured we could each save at least $100 every week and since we started saving up even before a year before our wedding it’s a budget that we can afford. We also put any bonuses we receive at work or other sources of income (if we happen to sell anything on craigslist for example). However in order for us to be able to cover all the expenses we are not booking a wedding venue. Instead we’re going to have the ceremony at a country club which is only $500 (and helps as a background for the pictures) and the reception at my in laws’ backyard. So far my Fiance parent’s have offered to pay for the tables and chair rentals, music and my Fiance suit. We’re still not sure if my parents are going to pitch in for anything, I’m sure they will in the future but since my sister is getting married 4 months before us it’s not something that we’re counting on. Pretty much we’re paying for everything and we’re not expecting for family members to help, not because they won’t offer but because we’re not going to ask for anything if we can cover it. We’re also hoping to spend even less than $10,000 for the wedding and maybe even have a little left over for the honey moon. Even a 3 day road trip would work us. I know its hard, but sometimes you just got to work with what you have. Just try to keep looking for money saving tips and remember to prioritize and spend the most money on what really matters to you. Cutting the guest list is a mayor cut to your expenses. With us, I keep track of the money we have saved and I make sure to remind him (withoug nagging lol) about his share of the money. I hope this helps! 

    Post # 81
    Member
    64 posts
    Worker bee
    • Wedding: August 2016 - The Fox Hollow

    We are paying for the majority of our wedding ourselves.  Our full budget is $45K including rings and honeymoon.  FIL’s are contributing about 8K and grandparents have contributed about 3K.  My parents will be paying for my dress, but they paid for college so that’s where it ends.  The rest is on us.  About $34,000.  We’ve been saving for this day for a long time and while that may seem like a big budget to some, it’s average for our area.

    Post # 82
    Member
    81 posts
    Worker bee
    • Wedding: March 2015

    1. Who is paying for the wedding? (you, parents, in laws, other)

       We are paying for the wedding ourselves.

     

    2. What is your wedding budget? Are you hoping to come in under budget?

       At the begining of our engagment we we’re thinking 10,000 would be great but we live in California and everything is very expensive. We are currently at about 25,000 and don’t plan to go over 28,000.

    3. How are you paying? (Cash, credit cards, loan?)

       Cash we have been engaged for three years and saving for two. 

    3. What is your savings plan & how are you sticking to it? (i.e each take from weekly paycheck)

       The Fiance brings in majority of the money and is paid biweekly. every other check ( that rent isnt due) he puts back a set amount into out savings and about 80% of my checks (weekly) go toward the wedding. 

    4. What budgeting tricks are you using? (cutting guest list, all inclusive wedding package, vendor connections, etc) Also, does your wedding budget include the honeymoon? 

       I wish cutting the guest list was one it would work well but his family is far to big. We hav already chopped half and them and we are still at 175 guests. I would say DIY but you have to shop smart. DIY can get very very expesive if your not careful. Our budeget does not include a honeymoon but we hope to take one in April. 

    Post # 83
    Member
    966 posts
    Busy bee
    • Wedding: August 2015

    1. Who is paying for the wedding? (you, parents, in laws, other) My dad is contributing $10,000, and my grandma has given us $3000 for the deposit.  We are paying for the rest ($7000)  My dad has his business up for sale at the moment for a very large sum (millions) and said if he sells it by the time we get married, he will pay for the whole lot, but I am certainly not relying on that and if he does, then that money would go straight back in the bank to go towards a house.  I feel very lucky that my family is so generous, my FI’s family isn’t in such a strong financial position so they aren’t contributing financially, but have offered to help in any other way which to me is just as generous and I really appreciate them.

    2. What is your wedding budget? Are you hoping to come in under budget? Our wedding budget is $20,000.  Here in Australia that is quite a modest budget.  We are hoping to come under budget but will have some extra saved just in case, as doing an entirely DIY wedding, you never know what unexpected expenses may crop up last minute and I would not want to have to ask to borrow money from someone or take up a loan.

    3. How are you paying? (Cash, credit cards, loan?)  All cash.  Would never take out a loan for a party.

    3. What is your savings plan & how are you sticking to it? (i.e each take from weekly paycheck)  After this holiday period, we will be putting $200 per week in our wedding savings account, and our tax return for next year will also go in there.  We should have more than enough this way, but it means we have extra if anything crops up.

    4. What budgeting tricks are you using? (cutting guest list, all inclusive wedding package, vendor connections, etc)  The one thing we didn’t want to compromise on was the guest list, as we both have large families and a good network of friends.  We have a list of around 130 people.  We are saving in other ways by using lots of friendors (photography, live band, DJ’s, celebrant, makeup).  Everything is DIY including the food and the alcohol (We have hired campgrounds for the weekend) and the only other real splurge is my dress because my dream one is an all lace Essence dress.  We also had a huge holiday to Europe this time last year, so we will be doing a “minimoon” and be hiring out a cottage for a few days to relax and unwind, rather than a large traditional honeymoon.

    <br /><br />

    Post # 84
    Member
    176 posts
    Blushing bee
    • Wedding: June 2016 - Rockfield Manor - Bel Air, MD

    1. Who is paying for the wedding? (you, parents, in laws, other)

    My Fiance and I are paying for most of it, with each of our parents contributing $1000.

    2. What is your wedding budget? Are you hoping to come in under budget?

    As I will be a student right up to our wedding and my Fiance is a social worker, we don’t really have a whole lot of money for this. Our maximum budget is $5,000, but we are hoping to come under.

    3. How are you paying? (Cash, credit cards, loan?)

    We will be paying in cash.

    3. What is your savings plan & how are you sticking to it? (i.e each take from weekly paycheck)

    I am saving 80% of the money I make from my part time jobs (library assistant, child care, research assistant), and my partner is putting aside what she can each month after her bills.

    4. What budgeting tricks are you using? (cutting guest list, all inclusive wedding package, vendor connections, etc)

    We are cutting down on a LOT of things that many people would see as necessitites for a wedding. Our wedding will be very casual; both of us are planning on wearing jeans with a nice blouse. We cut down the guest list as much as we could, so even with her very large family we were able to keep it under 100 people. We are getting married at one of the state parks in our home state, instead of paying for a larger, more fancy venue. Our families will be catering the event, with a sort of potluck style meal. We are also having a short weekend honeymoon in New York City instead of our ideal honeymoon, which was a week backpacking across Scotland.

    Despite these things, I hold no judgment against people spending more money for a wedding. I would love to be able to do that, but unfortunately it’s not in the cards for us.

    Post # 85
    Member
    73 posts
    Worker bee
    • Wedding: August 2016

    1. Who is paying for the wedding? (you, parents, in laws, other)

    My parents are paying for the reception venue and food, which is a BIG help. My FI’s parents also offered to help, my future mother-in-law told me she would pay for my hair and makeup as a gift, which I was very generous because I was planning on just doing it myself to cut on costs. We are paying for everything else.

    2. What is your wedding budget? Are you hoping to come in under budget?

    I’m hoping it will all stay under 10,000$. 

    3. How are you paying? (Cash, credit cards, loan?)

    We are saving up for the wedding, so we can pay everything in cash. We might have to use our credit cards for a few things, but i’m hoping it won’t go over 1,000$.

    3. What is your savings plan & how are you sticking to it? (i.e each take from weekly paycheck)

    We opened an account last week and I added in all my savings, which is about 500$ for now. I’m still in grad school so I have no income, but i’m planning on working long hours this summer to save up at least 5,000$ before the beginning of the next school year. My Fiance is an actor so his paychecks are never steady, but he plans on saving when he can.

    4. What budgeting tricks are you using? (cutting guest list, all inclusive wedding package, vendor connections, etc)

    Our guest list count is about 80 for now, which is reasonable for our budget I think. We won’t be able to afford much more, as I don’t want to ask my parents to pay too much.

    Also, does your wedding budget include the honeymoon? 

    No, i’m also planning about 2K for the honeymoon.

    Post # 86
    Member
    273 posts
    Helper bee
    • Wedding: June 2015 - Surrey, BC, Canada

    1. Who is paying for the wedding? (you, parents, in laws, other)

    We are paying 100% ourselves.

    2. What is your wedding budget? Are you hoping to come in under budget?

    It was $10,000, but it will end up being about $13,000 now. We splurged on a couple extra items that we felt were worth the extra amount.

    3. How are you paying? (Cash, credit cards, loan?)

    It was going to be all cash, but I lost my job the month after we booked the date/venue/big vendors so we had already put deposits down and couldn’t cancel. Didn’t want to cancel anyway. I am employed again but it put a big dent in our savings for the wedding… Abotu 30% will now  end up on my very low interest line of credit.

    3. What is your savings plan & how are you sticking to it? (i.e each take from weekly paycheck)

    A set amount each from each of our paycheques, plus any additional money we come across (FH did a renovation job a few months ago and put some of the money he earned from that into it, I sold my computer and did the same etc). We will be sticking to the same savings plan for 6 months after the wedding to pay off that extra 30% on credit.

    4. What budgeting tricks are you using? (cutting guest list, all inclusive wedding package, vendor connections, etc)

     Small as possible guest list, not doing things like cake or flowers (venue comes with dessert bar), Ebay deals for decor, not doing a lot of decor, stuff like that.

    Also, does your wedding budget include the honeymoon? 

    No, we are not going on a honeymoon to save money. This is the only part of our budgeting that I am not happy about… But such is life. We decided celebrating with friends and family was more important to us, so we chose to have a traditional wedding and do without the honeymoon. Otherwise I feel like we’re getting an awesome wedding for $13k! 🙂

    Post # 87
    Member
    72 posts
    Worker bee
    • Wedding: August 2015

    1.) My parents and my FI’s parents

    2.) My parents are contributing $25,000 and my FI’s parents will be contributing about $20,000… I feel like this is an extreme amount of money and I wish that we were having a smaller wedding (or even elope) but my FI’s family is insisting on a big affair, which is why they are contributing anything that is above and beyond what my parents set aside for me.

    3.) Cash

    4.) We tried cutting the guest list, but we were overruled by FI’s angry parents who wanted to invite a million of their friends. I’m mostly trying to save on flowers.  They are SO expensive. I’m going to request certain colors – and whatever flower is in season that fits that color, then it’s all good. I’m not demanding some out of season flower that is going to cost an arm and a leg. 

    Our budget doesn’t include the honeymoon… we’ve actually set up a honeyfund for one of our registries and then we will be paying ourselves.

    Post # 88
    Member
    1320 posts
    Bumble bee

    1. My parents are paying for most of it.

    2. Budget originally 10k, but it will probably be 13-14k

    3. Paying with all cash (Except for alcohol, which I’ve been purchasing with my credit card, but I always pay that off immediately)

    4. We chose a venue that decorates, provides DJ, officiant, photographer, etc.

     

    Honeymoon is not included in budget. It will be about 5k, and FI’s parents are paying for it.

    Post # 89
    Member
    4113 posts
    Honey bee
    • Wedding: September 2014

    1. Who is paying for the wedding? (you, parents, in laws, other)

    We paid for our wedding ourselves.

    2. What is your wedding budget? Are you hoping to come in under budget?

    We didn’t have a set budget but wanted to keep the wedding itself, our honeymoon, and our wedding bands under $50 000. We came in on budget, our wedding cost us about 30k and the honeymoon and wedding bands about 20k.

    3. How are you paying? (Cash, credit cards, loan?)

    We paid with our savings but, put everything we could on our credit card at first for the points and the consumer protection.

    3. What is your savings plan & how are you sticking to it? (i.e each take from weekly paycheck)

    We already had the money in savings so we didn’t have a specific savings plan outside of how we usually save money as a couple. We were together for 7 years before getting engaged, so by the time we got around to getting engaged and married we had substantial savings built up.

    Leading up to the wedding we definitely cut back on frivolous spending, like going out to eat and drink so often and shopping for things we don’t actually need. Another big thing was stop using cabs and Uber, we saved so much money doing this!

    4. What budgeting tricks are you using? (cutting guest list, all inclusive wedding package, vendor connections, etc)

    We wanted a small wedding so, I guess keeping a small guestlist is a good trick. We had 50 people there. I also utilized my best friend (who is a florist) to do our flowers and decor which saved us a lot of money. We also didn’t have a bridal party so, that saved us some money and some stress!

    Post # 90
    Member
    321 posts
    Helper bee
    • Wedding: November 2015

    Ours is about $30-$35K all up but that includes 8 weeks honeymooning in fiji, honolulu, maui, mauritius and seychelles.

     

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