10 Ways You Can Avoid Wedding Debt

The perfect wedding is achievable. I know it is a dream, but a possible one. However, you might have issues if the aftermath of the wedding event leaves you in significant debt. It is an embarrassing feeling. From the dress to the venue, catering, and entertainment, the fact that these services nearly cost a fortune can leave you with many debts to pay after your special day. Experiences count! Based on the experiences of some couples, we’ll provide you with some tips and tricks to avoid wedding debt, so you can focus on enjoying your big day without worrying about financial regrets. nnHere are 10 ways you can avoid wedding debt:

1) Set a realistic budget: Before you start planning your wedding, decide how much you can afford to spend. Create a budget and stick to it. You can do this by capturing the most important expenses that need sorting. For instance, an exquisite wedding dress or an elegant venue might be important to you, but showy and loud unnecessary decorations might not be. Once you have a budget in mind, take time to research the different options for vendors and make sure you go with the best that fits your purse. Be realistic about what you can afford, and resist the urge to overspend. Remember that your wedding day is just one day, and you don’t want to start your married life in debt.

2) Prioritize: Let’s say you have foreseen transportation to be a potential problem because the reception venue is farther from the church premise where the vows are taken. Then, you can concentrate more funds on that section. At least, to avoid some constraints that your entourage might possibly face, make sure there are enough vehicles. Be willing to cut back on other areas to stay within your budget

3) Consider a smaller guest list: The more guests you have, the more expensive your wedding will be. Consider having a smaller, more intimate wedding to save money. You do not need to invite your whole village, community, or street.

4) Choose an off-peak date: Marrying at a time when demand is less is a smart move. Getting married during peak wedding season can be more expensive. Consider getting married during an off-peak season or on a weekday to save money. December is usually occupied with wedding functions and demand for vendors is high. How about you wait for January? It is an off-peak date.

5) Rent instead of buying: Instead of buying everything for your wedding, consider renting items such as tablecloths, chairs, and even your wedding dress. It is a one-off event afterwards. You shall not be needing the wedding dress for anything extra so you can basically rent it out. Of course, you do not necessarily need to purchase chairs also.

6) Be flexible: Be willing to be flexible with your wedding plans if it means saving money. For example, if your dream venue is too expensive, consider a less expensive venue. Don’t be insistent and lose money. Be prudent and shrewd!

7) Don’t be afraid to negotiate: If you think the service is overvalued, negotiate with the vendor. Many vendors can compromise for the sake of future favours, so don’t hesitate to negotiate with them. Be respectful but firm in your bargaining; you might be surprised by how much you can save. Just remember, it’s best to have a backup plan in case negotiations don’t go as planned.

8) DIY: Consider making some of the wedding elements yourself, such as the decorations or wedding favours. This can save you a lot of money. If you have a family member that caters very well, you can assign him/her the responsibility. nn9) Decorate your venue: The venue is one of the most expensive parts of a wedding. It involves a lot of physical and financial effort. Still, you don’t have to go broke to achieve a wonderful scenery. Be imaginative! Consider an unorthodox venue such as a garden or a friend’s backyard. Having a more relaxed, intimate atmosphere can also save you money on décor and entertainment.

10) Start saving early: You can avoid wedding debt by saving early. The earlier you start saving for your wedding, the better off you’ll be. There is every need to stay prepared for the task ahead. Weddings are never easy to plan. Set a savings goal and start putting money away each month.

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