(Closed) My budget breakdown (percent) vs. the knot’s expected

posted 7 years ago in Money
Post # 4
1626 posts
Bumble bee
  • Wedding: October 2012

I will be splurging on my venue. It’s about 3/4 of my budget. But my dress was 1% of my budget and everything else I’m saving on by doing it myself.

Post # 5
10366 posts
Sugar Beekeeper
  • Wedding: September 2010

Photography was 25% of my budget. You should really just do what you want and not follow their guidelines. Budgets are all about give and take.

Post # 7
3222 posts
Sugar bee
  • Wedding: August 2011

We’re splurging on rentals. I really think they’ll help set the theme of the wedding. Second biggest splurge will be food. It’s important to us! ๐Ÿ™‚

Post # 8
2829 posts
Sugar bee
  • Wedding: June 2011

Man, I HATED the knots budget spread sheet. At first I thought it was AWESOME. Fantastic even, until I realized that the programming on the knot does not compute with small budget weddings. I put in the ACTAUL price of our venue and it kept telling me that I was wrong and had to budget AT LEAST $2000 more dollars for a venue that is costing me $200 total.

And it kept on with that, telling me that my $5000 budget was an “error” or that I needed to insert a proper dollar value (all in angry red letters). so yeah, I gave up on it pretty quick.

We splurged on my dress, which makes me feel bad because my partner bought a cheaper suit (about $250 total) even though I told him that if I could spend $900 on a dress then he should feel comfortable spending the same on a suit. PLus, he has the chance to re-wear the suit, who really re-wears their wedding dress (IRL folks, not just around the house).

We saved BIG TIME on our venue by doing both the ceremony & reception there (and by it being ridiculously cheap), we had budgeted about $1500 for venue, spending $200. 

We saved on our food&drink by cutting alcohol, having a buffet style food lunch. Budgeted about $1500 for the food, and then Future Father-In-Law said he wanted to pay for half of the total cost as his wedding gift. Score. Final numbers are still out, but since we arent paying for catering, I have a strong feeling we will come in under.

Saved on flowers as they are going to be home grown — budgetting up to $500 as a back up, just in case.

Saved on invites, paper signage and other paper diys by using supplies we already had (I craft & am a freelance artist) and designing the invite suite myself (go-go-gadget graphics!)

splurged on a fuji instax mini for the guest book (but bought from ebay, so really saved money there as it would have been double the cost to buy in a brick&mortar store)

saved on shoes since I am just going to wear the same heels I wore to my sisters wedding, 0$ is nice ๐Ÿ™‚

saved on photography by using a friendor.

splurged on a marriage commisioner (about 450-500 total for the ceremony, pre-marriage meeting & rehersal)

so far we have only spent about half of our budget. So we at least have tons of wiggle room now that we are getting down to the crunch. There are still a few purchases to be made, but all in all I think we will come in under budget or on par.

eta: we also saved a ton on decor since most of it is free-cycled stuff that we then made into decor.

Post # 9
1144 posts
Bumble bee
  • Wedding: April 2012

Everything. Seriosuly I have a problem. If I likes it, I gets it. lol This has become a sore spot for me and Fiance. He usually gives in once I convince him that this certain thing will make or break the wedding. *devilish grin*

Post # 10
315 posts
Helper bee
  • Wedding: July 2011

This is fun and I totally wanna play,  but I don’t have time until after the wedding.  I’m saving this thread to favorites though!

Post # 12
37 posts
  • Wedding: June 2012

Ug…I HATE the budget. And I sort of don’t listen to the Knot. Because your budget is based on your priorities. The Knot tells you what is priority.

I will splurge on photography and a limo.

I will save money by STD, invites and programs being made by moi. A candy table as favors being DIYd and other little DIY projects like my own pomanders.

Post # 13
4109 posts
Honey bee
  • Wedding: December 2011

My wedding will be tiny & on the beach so we splurged on a nice venue & food, saved on a simpler dress & DIY centerpieces Laughing

Post # 14
327 posts
Helper bee
  • Wedding: April 2012

I am thinking about DIY flowers as well! Would love to know how yours turn out!

Post # 16
329 posts
Helper bee
  • Wedding: June 2012

I like the budget maker on WeddingWire.  It allows you to reappropriate money from one area to another if you like.  It follows more of the “guidelines” train of thought.  I got fed up with the Knot Budget a long time ago!  We’re spending literally 40% of the budget on photography and videography!  (Let me say though that we’re not having a $25K wedding either.  Right now we’re at around $12 but I’m hoping to cut it back even more.  I’m an artist/art teacher and I’m DIYing a TON of stuff…. including our letterpress invitations.  Also, one of my friends from art school now owns a flower shop and she’s doing our flowers.  I’m sooooo excited about that because she puts a really artistic twist on her arrangements!!  But I digress….)  In the beginning when I made my “What’s most important list?” that was the top of my list.  I wanted THE best!  (Plus, I know I’m biased by my photographer could make the slums look fashionable.  If you pick a good photog, then they can make anything look great…. plus she has a very artistic flair too ๐Ÿ™‚ )  My mom said that my dress and the musicians are the most important to her so she would splurge and pay for that part (FI and I are paying for the rest.)  Long story short… use the percentages as guidelines (obviously don’t try to go over the overall budget) but don’t stress if you spend more in one area than your supposed to, as long as you spend less in another area.  I would definitely check out WeddingWire’s budget though!  They even have an app (I know for Droid and I use it all the time, but I’m not sure for iphone although I would say so.)  Good luck!!

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