Thirty-five grand! Yes, that’s right, the average Mid-Atlantic couple is expected to spend around $35,000 for their wedding, according to www.TheWeddingReport.com.
Although a huge investment, it’s only the average. Many brides actually achieve platinum-wedding status with wedding budgets exceeding $100,000.
A wedding is typically the most expensive party of a couple’s life because most brides have been planning their perfect wedding since childhood. Little girls are socialized to play dress up as brides and admire princesses, such as Cinderella, who have lavish weddings and horse-drawn carriages.
Not that there’s anything wrong with a fairy tale wedding, if you can afford it. However, many couples fall victim to the desire of keeping up with the Joneses and end up starting their life together in debt, courtesy of Visa and MasterCard. It’s important to create a realistic wedding budget together, and then stick to it.
On average, a couple will spend about fifty percent of their wedding budget at the reception. A typical wedding reception will usually accommodate 150 to 200 guests. Couples must consider what style of reception to have. Do they want buffet, plated dinner, or heavy hors d’oeuvres? All of these choices play a part in the wedding budget.
The wedding category is one of the last recession-proof industries around. I’ve heard wedding professionals say, “You’re about to spend more money than you have ever spent on things that you have never bought before.”
Wow, with a mantra like that, a bride-to-be would be wise to enlist the services of a professional wedding consultant to help stay on budget. Besides, planning a wedding on your own is a huge time sucker. It’s like having a second full-time job. And who needs that?
Wedding consultants, or event planners as many are known, are in the business of helping the brides and grooms-to be sift through numerous vendor possibilities. Wedding consultants offer a variety of services that can be customized.
Many bride’s have the misconception that hiring a wedding consultant will break the bank. When, in fact, hiring a wedding consultant can save the bride valuable time and money.
Emotional decisions are one of the biggest wedding budget breakers. Wedding consultants are trained to play interference, or devil’s advocate, for the bride to help her save money and stay on budget.
Many brides also use magazine and online wedding planners, such as www.TheKnot.com, to help stay on track. Online tools are there to assist brides through each financial stage of the wedding. Although The Knot is a national magazine, they offer regional vendor information. On average, brides consult at least 4-6 magazines to help plan their perfect day.
To find a local wedding magazine, visit wedding professionals in your town. They will typically have magazines that they advertise with on hand. Another, important resource is your local daily newspaper. Frequently, the person in charge of placing wedding and engagement announcements in the newspaper can direct you to great local information, such as magazines and bridal shows.
So, if you’re a bride-to-be and you have your heart set on an extravagant wedding, get ready to open up your checkbook. And don’t forget to have fun, after all it is your wedding day.
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