Monday, January 5, 2009

A Quick Look at Budgets!

Congratulations to all the newly engaged couples out there! Because there are so many of you, I figured that this is something important to point out before the major planning and contract signing begins!

With the skyrocketing costs of weddings, it's important for you to set your boundaries (budget) early in the planning process. Come up with a good round number, and stick to it! The round number should include all contributions from family members, your fiancé, and yourself. Now here's something that I often tell my brides, just to keep them under the overall budget: When working with your budget, assume that you can only spend 85% of it. That way when you forget little things, or decide to splurge on something towards the end, it's still within your budget!

Just because you create the budget doesn't mean you're finished looking at it, constantly update it with any contracts you sign, and diligently work to stay within it. I promise it will take so much of the stress out of the planning if you don't also have to plan how you're going to get rid of the credit card debt!

Happy Planning!