The Wedding Budget: Budgeting made Easy
EXPERT TIP BY THE WEDDING RING (WWW.THEWEDDINGRING.CA/THE-WEDDING-BUDGET-SPREADSHEET)
Creating the wedding of your dreams involves a great deal of researching, planning, and, yes, budgeting! Unless you’re fortunate enough to have an unlimited budget, most couples will want to plan their wedding with a budget in mind. The Ring’s Wedding Budget Spreadsheet has been designed to help you determine and keep track of your budget regardless of what it is. The Ring’s Wedding Budget Spreadsheet gives modest, average, and extravagant prices ranges for absolutely everything from the marriage licences to wedding photography, from flowers to transportation. It also includes columns for reality – your budget, quotes, and actual amounts paid. Prices are based on wedding industry rates in Southwestern Ontario communities stretching from London to Toronto. There may be less expensive vendors and more expensive vendors depending on your needs and where you look. The Ring’s Wedding Budget Spreadsheet gives you the best starting point you could ask for! It’s realistic, local, and can be a fantastic guideline for planning your fabulous dream wedding. ABOUT THE BUDGET: The wedding budget spreadsheet categories can be tweaked to work for you, since not everyone should shoot for a $70,000 wedding budget. The most commonly used budget here will be the “Average Budget”. It can be adjusted to ring in at as low as $15,000 and as high as $40,000. Here are a few inside tips for getting started on that tweaking… •
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Decide which parts of each element of your wedding is most important to you. Then plan to spend more on those items and less on everything else. If shoes aren’t your thing but flowers definitely are, then don’t get Jimmy Choo’s! Invest in incredible centrepieces instead. If you want to save on décor, book a wedding venue that is already beautiful and needs little help with appearance. Then either stroke the saved money off your budget or allocate it to something you’d like to spend more money on.
86 •The Wedding Ring Magazine | www.theweddingring.ca
