Ultimate Hacks To Manage Wedding Finances

  • Updated on: 25 Apr 2023
  • Published on: 15 Dec 2020
Ultimate Hacks To Manage Wedding Finances

Your wedding is probably one of the most memorable days of your life, but it doesn’t have to be the most expensive one. The hard work, time, and money put into the process of wedding planning are unparalleled. From liaising with various vendors to inviting the guests, to keeping track of the budget range, which don’t even cut half of what goes into a wedding, can be extremely taxing. Wedding planning takes a total of over 120 hours on an average. On top of this, you never know when an unexpected expense might arise. If you plan your wedding finances properly, you’d know exactly where to avail an instant wedding loan from, like the ones offered at EarlySalary.

A little bit of financial planning ahead of the big day will ensure that you don’t have to spend a fortune and prevent you from a lot of unexpected expenditure. Here are some tips to plan your wedding finances better.

Shop off-season

All commodities are extremely expensive when they are in high demand. Therefore, buying things off-season is a wise decision to make. For example, buying winter clothes during spring would save you a lot of money than buying them in-season. 
Similarly, buying wedding clothes or jewellery well before spring can save you a lot of money because the wedding season extends from late spring and continues through early fall when they’re twice as expensive. It is imperative to adhere to this wedding planning hack, and take advantage of the seasonal price variance.

Hire novice photographers and florists

Wedding photographers that have a high demand in the market are usually very expensive to hire for special occasions. Novice photographers who are just starting out often have good skills in the same field and are better at making sure that your wedding finances have a bit of leeway to cover some other unexpected needs, should they arise. 
Similarly, hiring florists that have just started out can save you a huge amount of money too. However, make sure to check for the quality of their work before hiring. On top of making your wedding planning easier, you’ll also have the additional satisfaction of supporting small businesses.

Keep invitation cards simple

Traditionally, a lot of time and resources spent during wedding planning, goes into the grandeur of the invitation cards. Most guests don’t keep wedding invitation cards beyond the day of the wedding, so there’s no point in going for a posh design. However, if you do want to frame your invitation, it’s a good idea to print very few grand ones for your closest friends and family, and have one framed as memorabilia.
Printing wedding invitations is expensive in itself, let alone printing intricate ones. Planning the number of wedding invitations can be crucial to cut down costs, which can be further cut down by going for digital printing instead of letterpress.

One spot for both the wedding and the reception

Having a single location for both your wedding and the reception can help you manage your wedding finances better. Not only do you cut down on rent, but also the transportation costs to accommodate guest travel to the reception place. 
You can also use the same decor with slight modifications instead of going for an entirely new and different one. If you need a decor vibe change, go for different lights, since receptions are usually done post dusk.

Choose a less popular wedding date

Another good wedding planning hack is to fix your wedding date so that it’s on a weekday, off-season. This can be a huge money-saver since wedding finances skyrocket on Saturdays in the wedding season. 
Make sure you choose your wedding date properly to avoid unnecessary expenses. Planning to get married on a weekday implies fewer guests who would attend, meaning that your catering costs are going to be cut down.  However, make sure that your wedding planning also accounts for the availability of your near and dear, before you choose a date.

Have a minimalist wedding

Most people think their wedding has to be ostentatious and grand to be memorable. However, a minimalistic wedding can be just as fun and charming if you plan it right. 
Moreover, cutting down on your wedding finances and investing in a lavish honeymoon, or travelling the world is an arguably better option. You can also invite fewer guests to keep the ceremony intimate and private. Why not spend the money you spend on others, on yourselves?
If you’re someone looking for quick and easy loans for superior wedding planning,  there are various wedding loan options available online, like the ones we provide at Fibe, to help lift the burden off your shoulders. We care for you and want to make your dreams come true. What are you waiting for? Sign up for a wedding loan and have the wedding of your dreams!


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