How to Create a Wedding Budget: A Step-by-Step Guide
Hosting a wedding event is exciting however planning and executing all the arrangements according to the budget and timeline is challenging and overwhelming. It requires strategic planning and you need to allocate your budget according to your priority. Whether you are organising a extravaganza in wedding venues in Jaipur like Amer Fort or hosting a small intimate wedding, allocating budget and managing your finances is extremely important to make your special day memorable as well as sustainable.
Today, we bring you a step-step guide that will be your one-stop solution to create a wedding budget.
Analyse your Total Budget
The first step to create a wedding budget is to determine the total amount you are willing to spend on your wedding festivities. You need to sit down with your partner and family members to decide the amount, the sources of the money and how much you can spend comfortably without breaking your bank.
Give priority to important Expenses
After deciding the total budget, you need to prioritise which area is important for you, and then allocate the budget according to it. If you want to hire the best wedding photographer in India, then you need to spend a significant amount of money there. You can list down the top five important aspects where you want to be perfect and then allocate a major portion of money there.
Book the Venue and Vendors Early
If you have already decided a particular wedding venue in Jaipur, then it is necessary for you to book the venue early as during off-seasons you might get the deal closed at convenient prices. During peak seasons, because of the rush the venue prices go high. Book the vendors as early as possible because the near dates can hike the price. For instance if you want to hire a wedding photographer in Jaipur, contact him at least 5-6 months beforehand.
Divide the Cost into Categories
To manage your funds efficiently it is advised to divide your costs into categories. You can analyse which category is most expensive and the least expensive. Some important categories are: Venue and Catering, Decor and Entertainment, Photography, and Wedding outfits and Jewellery. If your budget allows you can spend a small amount in organising a pre-wedding shoot in Jaipur to give your wedding a personalised touch.
Conduct Research and Get Quotations
It is advisable to contact two or three vendors before finalising one. You can compare the offerings, prices and the customisation options they provide. For example if you are hiring a wedding photographer in Delhi, you should compare the quotes and services with at least 2-3 vendors and there might be a chance you can lock the deal at the most affordable price.
Choose Off-Peak Seasons
If you are flexible with your wedding date, then it is recommended to select off-peak time of the year. This will help you onboard the vendors and finalise the venue with discounted prices. Choosing off-peak seasons helps you get good discounts which can reduce your overall cost significantly.
Discuss with a Wedding Planner
It can be overwhelming to manage the budget as well as execute the tasks, so you should consult a professional. A wedding planner in Jaipur will assist you with everything from finalising the catering photographers to making arrangements for decoration and entertainment. They help to negotiate with vendors and organise events in a professional way.
Organising a wedding event can be a daunting task when it comes to allocating your funds efficiently and in a way that is financially manageable and sustainable. Candid House helps you to manage your funds efficiently by providing vendors at economical costs, negotiating with the vendors for possible discounts and making your entire wedding event a success.