How to Budget for a wedding abroad.
I’ve always believed the key to a stress free wedding abroad is being realistic and honest about your budget. At the Bridal Consultant we plan weddings with varying budgets, big and small, but no matter the budget for a wedding abroad, you still need to decide what the budget is AND more importantly, decide the budget before you start planning.
Here to help are some easy calculations to work out a budget for a wedding abroad.
- How much can you save each month between now and the wedding day, remember that final balances could need to be settled 8 to 12 weeks in advance. Try not to overextend yourself financially and give up all social activities and annual holidays, you may end up resenting it.
- Speak to parents or family, will anyone contribute to the wedding financially?
- Whilst we’d never recommend it we’ve had clients in the past take out loans to help pay for their wedding, if you’re considering a loan then this is the time to start looking for the best possible rates. Make sure you consider interest rates and how long you’ll be paying the loan back for AFTER the big day.
Even once you’ve calculated your budget for a wedding abroad, it’s important to realise there may still be compromises to make along the way, this happens even with the largest budgets we’ve worked with.
I think it’s our human nature to want more and the best of everything, so before you start planning your wedding consider;
At some point you may need to compromise.
Unless you’re budget is unlimited (don’t we all wish) at some point in your planning journey you’ll have to make a decision on where to allocate portions of your budget as it may not stretch to everything you’ve want, it could be to have all the flowers and decoration that you want you have to forgo the amazing photographer you’d planned.
When it comes to allocating the budget for a wedding abroad I suggest taking time to consider what parts of the day really mean the most to you both, of course you want your guests to be comfortable and have the most amazing experience, but this shouldn’t be at the expense of having the day of your dreams. You’ll likely find most guests will never have attended a wedding abroad before, they’ll be so overwhelmed by the excitement of it all, they wont notice if you haven’t spent 1000’s on floral decoration.
Dream weddings come in all shapes and sizes, so list your priorities and make sure you give most attention and the biggest portion of your budget to where it matters most.
Be realistic from the outset.
Don’t get carried away looking at 5 star hotels in Italy if your budget won’t stretch. Whilst there may be ways to save and still have the luxury venue, consider how much you may be compromising if you don’t have anything left in the pot to decorate or add entertainment.
Be realistic about how far your budget will stretch. Weddings abroad can be cheaper than the UK but you still get what you pay for! Make sure you understand all the conditions before you decide on a venue, for example if the price of your ‘private beach’ wedding seems too good to be true make sure it truly is private.