(Closed) How realistic is my budget?

posted 5 years ago in Money
Post # 2
Member
47429 posts
Honey Beekeeper
  • Wedding: November 1999

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smk9011:  Have your parents said they are willing to spend $20,000 each for your wedding? Do you have the checks in hand?

Post # 4
Member
9519 posts
Buzzing Beekeeper

Sorry to be pessimistic, but counting on others for money does not always end well. Best you can do is search out venues that you like, get pricing and have a financial back up plan

Post # 5
Member
4 posts
Wannabee

I think you have a realistic budget. I think having your wedding in November is what is going to allow you to meet your budget for 200 people. For November of this year though, vendor pickings might be slim, so definitely get moving on that stuff asap!!

Post # 6
Member
47429 posts
Honey Beekeeper
  • Wedding: November 1999

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smk9011:  Good luck with that. Parents paying for weddings expect to have a lot of say. I hope you get something somewhere near your vision and don’t end up in a financial nightmare if you disagree with your parents.

Post # 7
Member
2502 posts
Sugar bee

BAHAHAHAHAHAHAHA. 

sorry, fellow NYC bride here. We thought 30k was reasonable…learned that we would end up spending 50k on a wedding OUTSIDE the city…for 125 people. Average prices for NYC weddings -75k. Average price for Hudson valley/north jersey/Long Island – 52k (and that’s for an “average” size wedding of 125). 

Not saying it’s impossible to do 40k for 200 people in queens/LI – but youre going to have to get *really* lucky and/or sacrifice some major items (like photography, music, and bar) to so so. 

What might truly be impossible is doing it THIS November. We booked our venue 18 months out…everything we saw was totally booked for this year already – and i can imagine the situation must be even worse if you’re looking for a budget venue for a Saturday night. 

Good luck. You’ll need it. 

  • This reply was modified 4 years, 10 months ago by  ilovesophia.
Post # 8
Member
2214 posts
Buzzing bee

Find out how much your parents are willing to spend. Might be tight for that many people, that is $200/pp available, you can easily spend $150/pp for food and drinks that leaves $10k for venue fees, transportation, hotel, decor, flowers, dj, officiant, coordinator, invites, postage, your dress, hair & makeup, etc. And I am in Seattle, NYC is probably more than here.

  • This reply was modified 4 years, 10 months ago by  Scarlett11.
Post # 9
Member
4239 posts
Honey bee
  • Wedding: August 2015

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smk9011:  Figure out a payment plan with your parents so they pay YOU a certain amount (monthly, every 3 months, whatever you decide) and then you have the money to pay for vendors.  And get it in WRITING.  There are MANY people on here who plan for a certain amount that their parents said they would give and then the bride/groom is stuck when they want to pay off vendors but do not have the money.

Post # 10
Member
652 posts
Busy bee
  • Wedding: May 2014

Honestly, I don’t think a formal wedding for 200 is likely for 40k in nyc area. Our wedding was 24k for about 100, and I truly think getting an amazing deal on a venue and caterer was the only way we made that happen. If our guest list had been bigger, we couldn’t have done it (in my research) even for double the budget. 

However, IF you find a great venue for 200, I recommend Bassett Caterers out of sheepshead bay, because that’s definitely how we kept our budget in check.

Good luck!! I love a fellow NY bee making if work on a dime!

Post # 11
Member
7627 posts
Bumble Beekeeper
  • Wedding: June 2013

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smk9011:  I can’t say much about if the budget is realistic as I dont know the area (in my location we had a wedding for 200 people for about $20k with no issue) but I think you should think carefully about taking money from others to pay for your wedding if they will not be giving it to you in advance.

I have read way too many threads about bees whose parents essentially take over the planning or about bees whose parents pull their support. I would plan a wedding based on what you can afford at the moment or based on what your parents are able to give you up front.

Post # 12
Member
9575 posts
Buzzing Beekeeper
  • Wedding: September 2015

Hate to burst your bubble but you’ll have to make some major sacrifices to do 200 people for 40k in this area. I’d cut your guest list in half and go for a Sunday or Friday and then maybe you can make it happen. All the bells and whistles on a Saturday- no.

Also, parents paying is not always a disaster it just depends on your parents and their expectation for a wedding, and if those are in line with yours. I had a wonderful bonding experience with my mom over wedding planning, and we never butt heads. We wanted the same sort of event.

Post # 13
Member
3212 posts
Sugar bee
  • Wedding: September 2016

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smk9011:  If you are having your parents pay for it, the question isn’t “is this reasonable for New York?” It’s “is this reasonable for our parents?” 

Talk to them, look at venues, figure that is 50% of your overall cost, and go from there. 

Post # 14
Member
4095 posts
Honey bee

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smk9011:  Our wedding was outside NYC on a saturday during prime wedding season (June), and we did it for about 55K not including honeymoon with 120 guests. I think 40K is possible, but with 200 guests you will definitely need to be careful. I would certainly not spend a ton on the venue itself and focus on the costs of catering and entertainment. Decor can be inexpensive if your venue is visually interesting. 

Post # 15
Member
927 posts
Busy bee
  • Wedding: November 2016

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smk9011:  hey doll that budget is realistic! Check out the élan in lodi north NJ. I am getting married there and they have packages that fit into everyone’s budget! give them a call and make an appointment with Steven! You won’t regret it they have a gorgeous ballroom!!!!!

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