Congratulations! Your other half finally popped the question, and you can’t wait to start planning your big day. Of course, beyond all the excitement that comes with shopping for wedding dresses and planning themes, there is one slightly more stressful side to becoming engaged – the expense of saving for your nuptials. The average wedding can cost a small fortune – even if you don’t want too much of a big event. You can expect to spend several thousands of dollars on things like catering, venues, and other costs – not to mention the honeymoon that comes after. The quicker you start saving – the better. That’s why we’ve put together these quick tips to get you started.
Start by Working Out How Much You Need
The first step is research. If you already know what kind of venue you’re looking for, what sort of dress you want and various other facts like that, then you can get a general idea of how much things are going to cost. There are many venues that can offer deals on wedding packages if you get things like the venue and the catering from the same place, so look out for deals. A good way to keep track of all the expenses is to make a list of everything you need for your big day. Don’t forget all the essentials like decorations, food, a cake, flowers, wedding dress, wedding cars, and anything else you can think of. Once you’ve set a budget, you can begin to think about how much you’re going to need to save every month to reach your target in time.
Finding Extra Cash
Need more cash than you can really save right now? Then it could be time to put the wedding back by a month or two. Alternatively, you can look into some quick ways to transform your budget. You’d be surprised how much money you can save if you take the time to think about how you’re actually spending. For instance, if you’re still dealing with the various expenses of your student loans and interest fees, can you consolidate your debts into a new, more affordable loan? Look at where your money goes each month and search for easy ways to cut your costs. For instance, you could switch to a different electricity provider to save money or improve your insurance costs by looking for a new policy. You might even be able to reduce your expenses by getting rid of some luxuries you don’t need in your life, like an extra streaming service.
Make Money Wherever You Can
Finally, look for ways to make extra money that you can add to your pot. Clean out your garage and attic and sell everything you can on the web. There are plenty of people who would be happy to buy the things you don’t want anymore. You could also look into taking on a second job part-time. Think about working as a virtual assistant in the digital world or driving deliveries to people after you’re finished with your regular job. You could even consider simple part-time careers like dog walking or babysitting for a bit of extra cash. When you devote your time to finding every available way to make some extra money, you’ll soon see results.