(Closed) we can actually pay for this thing!!! How tight is your budget?

posted 8 years ago in Money
  • poll: At what point in the planning process did your budget become final?
    We started with a pretty set amount either ours or our parents : (19 votes)
    46 %
    we saved as we went : (12 votes)
    29 %
    we are financing it : (6 votes)
    15 %
    other : (3 votes)
    7 %
    my last name is Rockefeller/ gates so we have an unlimited budget! : (1 votes)
    2 %
  • Post # 3
    1207 posts
    Bumble bee
    • Wedding: December 2009

    Well…. it never did become final. About halfway through we realized that everything we had booked and what we had yet to pay for we didn’t really have the money for. So we asked my FI’s grandma if she could help donate something, she gave us $5000. On top of the $4000 my parents had given us, plus the $11,000 we contributed. Our wedding was probably more expensive than it needed to be, but hopefully we will be able to save that money back again.

    ETA: We were extremely lucky his grandma contributed as much as she did, if not, we would have had to scale back on something.  I am very glad we didn’t have to do that.  I think his grandma felt guilty because two years prior they entirely paid for his cousins wedding, and they didn’t do that for us due to some family politics.

    Post # 4
    2408 posts
    Buzzing bee

    woot! congrats on saving money for the wedding! that will be a great feeling knowing that you won’t still be paying it off later on down the year.

    i’m actually saving while i wait for the proposal. i figured i might as well. even if for some freak of nature reason we don’t get engaged, i’ll have access to a pretty good nest egg!

    Post # 5
    3564 posts
    Sugar bee
    • Wedding: August 2010

    We kind of priced everything out before we started looking. Once we had an idea of what kind of venue we wanted, we wrote out what the total cost for an estimated number of guests would be, and then we added what we felt were realistic amounts for photography, cake, etc. So we didn’t start out with a set amount, it kind of developed as we planned. We’re lucky in that both our sets of parents are helping out, in addition to our own contribution.

    Post # 6
    1732 posts
    Bumble bee
    • Wedding: September 2010

    yay paying for it!!!

    We’re saving pennies for the honeymoon.  FI’s bonus will determine what and where that means … we find out in March, eep!

    Post # 7
    948 posts
    Busy bee
    • Wedding: March 2010

    We thought that we could have a wedding for 10K or less….. yeah, that didn’t work out.  My folks are paying the 10K- (mostly venue, rentals, and food), we are paying for what is left over after that amount (DJ, cake, officiant), and his parents are covering rehearsal dinner and the wedding booze. 

    Post # 8
    950 posts
    Busy bee
    • Wedding: June 2010

    Since we decided to pay every dime of the wedding (except the Rehearsal Dinner – both parents are paying for that), we’re saving AGGRESSIVELY.

    We discussed priorities first: Venue over flowers, food over photography, favors over number of guests.  Based on our top priorities, we scaled back on the things that were less important to us.  We picked our guest list, our venue, priced out our favors for that number & that set the budget.  We’re transferring the amount we usually put into savings every month into our wedding budget & saving a little extra by cutting back on non-necessities (no cable, eating in, suggesting free activities when going out with friends, carpooling, etc.).  Projecting forward to the wedding, we may have a small amount extra!  And all this saving makes me feel good about building our life together…we’re probably going to continue the “scrimping” to add to our house downpayment & practice for the “college fund”.

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