Your wedding should be one of the most magical days of your life and we’re going to make sure that still happens. If you’ve been thinking about this day since you were little, then you won’t want your budget to get in the way of your dreams. Setting a budget for your wedding will give you a direct goal to save towards as well as a goal on what you should spend on each item. We know that saving for a wedding or a honeymoon can put some pressure on other areas of your life. But you don’t have to sacrifice your lifestyle! Before you start looking at how you can plan an affordable wedding and reduce your spend, take a look at how you can increase your savings to get the best of both worlds.
Sell rarely used or unwanted items online.
Look at what items you’re happy to let go of, no longer wear, or are in good condition but you just don’t want anymore. One person’s trash is another’s treasure! List these online for a reasonable price and set the extra cash away at your wedding fun.
Save your loose change
We’re not telling you to cut back on your daily coffee--we’d never do that!! At the end of the day, every saving measure you take needs to fit into your lifestyle so that you can still maintain your preferred quality of life! Instead, consider what you’re purchasing each week and take the cash out instead of using your card all the time. If you have $1 coin leftover from every $4 coffee you buy to put this into a piggy bank and watch it grow. That could be the difference between paying for another date night or using the extra cash you already have.
Consolidate your credit cards into one account
Of course, paying your credit cards and debt off before a wedding is going to put you in a better position to pay for your wedding anyway. You might be great at paying two or three credit cards off every month. But you’re then being stung by interest on every single one of those cards. Look at consolidating this amount into a loan instead. You can use the loan to pay off the extra cards and cut them up from there. Loans generally have a lower interest rate so you’ll only be paying the one interest rate and it should be lower as well.