Thursday, August 11, 2011

Money makes the wedding go 'round!!



Cash can be one of the biggest obstacles in planning that fairytale wedding you have been dreaming about since you were seven years old (unless your last name after the wedding will officially be changed to"Gates"). Couples, don't allow this to become an issue as below you will find three key tips to saving money on some areas of the wedding. This will allow you to splurge on other parts ;) (ie. Honeymoon).  

Basic Economics: Supply & Demand

Imagine a situation where a new, fancy gadget is released for the public to purchase. This gadget is coveted by everybody who can afford it and people line up In front of stores to aqcuire it (this scenario reminds me an aweful-lot of the "iPhone epidemic" of mid '07). Basic economic priniples dictate that (a) this gadget will be very difficult to obtain (b) will be very pricey. Now, enough of the business school lecture; lets tie this all together. Most weddings, 70% to be exact, are booked between May and October. Try to avoid these months as you will be competing with many couples for the same time slots/locations. November and December are good considering that the holidays give everything an extra flare; however, beware of the fact that caterers, photographers, etc. are tied up working holiday festivities. Try shooting for January through April as these months are usually less busy.

Put your money where your mouth is!

One of the biggest areas of expenditure for a couple planning their wedding is food and beverages. Lets face it, we all have that crazy uncle who stuffs his pockets with canoles and drinks until the lines between our world and the next dimension no longer exist. Everyone has their own preferences but if you are open minded then maybe an early wedding would suffice. Brunch is much cheaper than dinner and people don't usually drink before noon (except for that canole stealing uncle). 

Money behaves differently during weddings... It hides!

The title of this section doesn't make much sense but bare with me. Most couples spend money on decorations for the chairs, flowers to decorate the wedding cake table and the end of pews, and so on. These are areas where your gueste will not pay much attention to if at all. Instead, consider limiting the budget for these items and focusing the extra savings on center pieces or the area where you and your groom/bride will be seated. Also, consider places that don't need much decorations such as a historic building or a scenic outdoor location. 

Weddings are meant to be spectacular, incredible and insiprational for you and your guests. Why spoil the magic by worrying about how many hours you have to put in at work in order to make up for the expenditures?? Ease your minds by making intelligent decisions and strategizing two steps ahead.

If you have any more suggestions please feel free and share them in our comments section. You never know how many people you can help by writing a few lines for the world to see.


2 comments:

  1. Well those were some great suggestions, I have a nephew getting married in September, and I can pass these tips along to his fiance, oh I also remember being at a wedding where they had disposable cameras on each table and the guests snapped pics and left the cameras at the end, the bride and groom ended up with pictures that the photographer did not think of and they got a lot more pics of who was there, sometimes that is a blur as to who was there since the day, goes by so fast.

    ReplyDelete
  2. Hi from sola W.!
    http://sola-wu.blogspot.com/

    ReplyDelete