What’s your budget? $80,000 – This does not include rings or the honeymoon.
Where is your wedding being held? New Orleans, LA
How many people are you planning on having attend? Currently at 475ish – It’s a circus I’m hosting… not a wedding! Well, it feels like a circus!
How are you funding? Credit cards? Savings? Incremental spending?
NO CREDIT CARDS – I think this is the hugest trap, ever! You end up having all these charges and the intrest rates are never reasonable!
We have/had a long engagement (14 months). From the moment we got engaged, I direct deposit all my funds into a seperate checking account that has a debit card that gives me continental air line miles. My hubs and I live off of his sole income alone (scary, but a good test in case one of us every lost our job… namely me since I sell a commodity!). At the end of the month, every penny left in our bank account is transferred into the other account my paycheck goes into. There’s usually not much left over. We use the debit card to pay things for the wedding and we’ve just bought things as time progressed. If we could swing it on our operating account, we’d purchase wedding goods there. If not, we defaulted back to the wedding account.
Additionally, I have my bonus which brings me in almost another $10K. This gives us our $80K as well as some cushion room for last minute splurges (we’re seriously considering more custom lighting).
And for the record, even though my hubs and I are paying for this, this wedding is ALL my parents. My parents are making all the decisions for this big soiree and although they wanted to pay for it, the hubs has too much pride and won’t let them, thus we’re paying for it, but letting my parents have the dream wedding they never got (because they did everything the way THEIR parents wanted them to do it. It’s a vicious cycle, but it ends with me because my kids will do it exactly the way they wanted to do it.)
I don’t recommend anyone having the budget like mine. It originally was NOT supposed to go a penny over $50,000, but things just rolled up because our wedding is on VALENTINE’S DAY! The worst day because florals and just EVERYTHING ELSE is way over inflated due to the holiday. I am having two ceremonies in one day (an American one and a 100% Asian wedding) so the day will be long and drawn out and end with a 9 course sit down dinner.