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wedding without breaking the bank

How To Plan For A Wedding Without Breaking The Bank

Are you getting married soon and don’t have a plan right now? Thinking of ‘how to have a wedding without breaking the bank?’ Well, it’s high time you start pulling out the pen and paper to write down and break down the expenses you will spend on your big day.

Speaking of expenses, some things can be affordable, while others might break the bank. However, there are always alternatives and ideas that you can use to make this day memorable. All the brides and grooms, you are in the right place. Read about how to plan a wedding without breaking the bank.

Financial Planning for Your Dream Wedding

The very first thing that comes to your mind when you are planning a wedding is budget. It is the first step to figuring out what you can afford. It is good for you if you are fortunate enough that your family is all set to help you with the wedding costs. However, it would be best to talk to them about the plans you have going inside your mind and ensure that you are on the same page.

If you are planning for a wedding all by yourself or a part of it, then you have to do some work from your end to make sure that you are turning your wedding day into the day you have been dreaming of without going through a financial nightmare after your honeymoon.

What’s Your Financial Situation?

Navigating your financial landscape before tying the knot is as crucial as selecting the perfect venue or wedding attire. Understanding your and your partner’s current financial commitments and debts is the foundation for planning a dreamy and sensible wedding.

Initiate this journey by openly and honestly discussing finances with your partner. Although it may seem daunting, it’s essential for setting the stage for a healthy financial future together, starting with your wedding.

The first step is to list all existing debts and ongoing payments comprehensively. Use credit report apps to ensure you have a full picture of your debts. This ensures that everything is noticed as you plan for your life together.

With a clear understanding of your debts, it’s time to make a household budget. This budget should detail your combined income and all expenses. Remember, post-wedding life may come with changes to your financial situation, such as new living arrangements or combined household bills. It’s important to anticipate and factor these changes into your budget now.

In particular, make sure that debt repayments are included in your list of expenses. This will give you a realistic view of your disposable income, which in turn helps determine what you can afford to allocate to your wedding budget.

This approach will assist you in setting a wedding budget that aligns with your financial reality and pave the way for sound financial management as you embark on married life.

Making A Budget

Setting a budget is a vital step in wedding planning. With many templates available, choose the tool that best suits you, whether a digital spreadsheet like Excel or Google Sheets or the traditional pen-and-paper method.

Begin by assessing your financial resources, your savings, potential contributions from your family, and any other sources of funds. If you’re considering a loan, use a loan calculator to understand the potential repayments. This step is essential for establishing a preliminary budget.

With an overall budget, allocate funds to different aspects of the wedding. Sit down with your partner to determine what elements of the wedding are non-negotiable—your must-haves. Understanding what matters most to both of you will guide you in deciding where to invest more and where to cut back to stay within your budget.

It’s also wise to gather multiple quotes from various vendors. You’ll often find significant price differences, which can inform your choices and help you get the most value for your money. Remember, the goal is to plan a wedding that aligns with your financial comfort zone and priorities as a couple.

Costs Of A Wedding

Whenever you are putting together your budget, this will help you with the general costs of each part of a wedding. Every item can vary in price based on the size of the wedding, location, and many other factors.

One important consideration is that booking well in advance can help provide planning time. It will give you time to save up for big-ticket items and allow you to lock in the best rates for photographers, caterers, and other professionals.


30% of the typical wedding budget is spent on the venue, by far the biggest expense of a typical wedding. Some venues require you to use their caterers, photographers, or other vendors. This will remove your ability to shop for cheaper alternatives.

Make sure that you are comparing the right stuff whenever you are looking at different venues. You can trim down your guest list to make a smaller venue work or to afford a more luxurious venue than you would otherwise. It is an easy way to cut down your budget in other areas.


There’s no need to stress about the fancy decor since many guests won’t notice it. Put your budget into the details your guests will notice first; their eyes should be on the bride and groom. Consider using cost-effective flowers such as carnations instead of expensive hydrangeas or peonies.

Don’t spend the decoration budget on areas the guests won’t notice as much. However, you can splurge on the details which are close and noticeable. If you have a picturesque venue, you can stress less on decor- it’s probably already ‘Instagram-worthy’!

Spend your budget strategically on the right decor elements. This will save you uptime and your money. Don’t waste your money on the items which will go unnoticed.


Catering is another big-ticket item, comprising 23% of the typical wedding budget. Timing matters in this situation. An afternoon wedding with light appetizers costs much less than an evening one with a full-catered dinner. Some couples will choose a morning wedding with a follow-up brunch.

Most couples can choose a specialty bakery for their cake, which will run 1-2% of a typical budget. However, there are many budget-friendly but beautiful wedding cakes. You can go for a minimalist design with faux layers. The best part? You can even go with something unique and alternative, such as a tower of cupcakes!

Wedding Rings

The typical couple spends around 7% of their wedding budget on rings and bands. At the same time, some of the couples save up money by using family heirlooms. Another way to save money is by picking up a simple, timeless design with fewer expensive jewelry elements.

Final Thoughts

If you have been wondering ‘how to plan a wedding without a planner or without breaking your bank,’ you have your answers above. Following what we have mentioned will help you budget and cut down on extra costs. We hope you have a good time planning everything and pulling it off. Happy marriage in advance!

If you’re searching for the best venues in Sydney to host your special day at affordable pricing, look no further than Lauriston House. Lauriston House is celebrated as one of Sydney’s premier locations, offering an enchanting backdrop and impeccable service to ensure your event is as perfect as you’ve imagined.

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