BUDGETING FOR EVENTS AND WEDDINGS
When it comes to setting a budget for your big event or wedding day, there are a few major factors to consider:
1) What do your actual finances look like? You don't want to go into debt to plan an event, so if you haven’t saved at least $20k for the event (for small celebrations), my advice is to keep saving before you begin. I’m a big believer in, “If you’re going to do it, do it right,” and if you book vendors without experience, secure the cheapest venue you can find, and take other shortcuts, it’s more than likely you’re going to have a stressful experience, which is the OPPOSITE of what planning your special day should be.
2) What do you envision for your big day? Do you picture a room full of luxe flowers / decor or a more simple space? You don’t need to have it all figured out, but starting with an idea of what you want will help to set the budget you’ll need.
3) Decide what the most important pieces are for your special day and decide to allocate the biggest amount of your budget to those items. For example, the food might be super important to you, so you allocate a good portion of your budget to making sure the food is superb.
Education is knowledge, so if you aren’t sure where to start, let’s have a conversation and I’ll help you!