The economy is really bad, and it's not going to get better anytime soon. Because finances are such an issue, practicality is especially important these days. However, a lot of people still have delusions of grandeur about certain things like weddings. Many of them watch too much reality television and get swept away by the fairy tale nonsense. Instead of seeing a wedding as a stage for making vows to love, cherish, protect, hold dear, and support in sickness and in health, they (especially women) look at it as a major opportunity to be queen for a day.
The average couple spends $27,000 on their wedding. Talk about extravaganzas. I think the reason for this is because women, in particular, are pressured by friends, family, and even strangers. They are also victimized by media visions, such as all those incredible photos you see posted on Pinterest. These kinds of things are what create the sense of fantasy and cause weddings to go way over budget.
Sadly, what results is couples starting their lives together in debt and often without the resources to go on a honeymoon. When you're young, you already have a lot of bills. If you've got $30,000 in student loans to pay off in addition to the wedding, you are not going to have enough money to live on. Marriage is already tough enough without the added stress of money problems.
In addition, parents borrow on their homes or dip into their retirement funds to pay for their kids' weddings. It's not all that surprising seeing that couples, on average, spend $12,000 on the reception and $5,000 for the engagement ring.
We really need to simplify. Love is simple and sweet. You're planning a celebration of vows, not the Academy Awards. At a time when the median U.S. income is about $45,000, no one should be spending $27,000 on a single event. In one article I read, a couple said, "If it were up to us, we would have a taco truck and a DJ." However, instead, women spend thousands and thousands of dollars on dresses that they are (hopefully) only going to wear one time. What happened to this being a touching and meaningful occasion?
If you want to cut down on your wedding costs, here are some helpful tips:
1. Avoid wedding season. Wedding season is traditionally May through October. If you get married off season, things will be a lot cheaper. In addition, avoid the highest-priced time charged by reception halls (Saturday at 7 p.m.).
2. Limit the guest list. When your parents and friends want to bring people you've never even heard of, you need to tell them "no." Your mom or dad might object, "But, I do business with these people!," however, the answer is still "no." There should be nobody at your wedding that a) you don't know, or b) you don't think is there to support your vows. I know that's a novel concept these days, but it's an important one. You shouldn't be walking around the room wondering, "Who the hell is that?" If your parents want to invite business partners or other friends, let them have their own party at some other time and invite all these extraneous people to celebrate that their kid got married.
3. Consider having a wedding buffet, luncheon, brunch, or just a dessert reception instead of a multi-course wedding dinner. You don't need to have a major sit-down dinner. You also don't have to go overboard with desserts. Most of the time, people have stuffed themselves and don't want to eat a huge dessert. You could offer them cookies or other itty bitty things instead. And as for the booze - buy it yourself. It'll be much cheaper than having a catering hall provide it.
4. Rethink the location. Consider having your wedding at a national park or the beach. Ask a relative or friend to use their backyard. I've had several friends' weddings in my backyard. I said to them, "Do you know how much money you are going to save if you just have your wedding at my house? We can rent some tables and spiff it up. It has got a beautiful view, and most importantly, it's free. That's a good price."
5. Save on flowers and decor. Instead of spending a ton of money on floral arrangements, buy some small, inexpensive vases and dress them up with ribbons and other accessories. Then, get your flowers from the grocery store. It's as simple as that.
6. Cut down on attire. Attire accounts for 10 percent of the average wedding cost. Did you know that you can rent a gown? Check out sample sales, department stores and outlet stores. You don't have to pay $2,000-7,000 for a dress you're not going to wear again. Even if you get divorced and remarried four times, you're probably not going to wear that same dress. And, if you try to sell a $5,000 dollar dress, you may only get $750 for it. It's a ridiculous expense - rent a gown for the night.
7. Go for a DJ instead of live music. Couples spend an average of 8 percent of their wedding expenses on music. DJs are very popular these days, and they are much cheaper than hiring a live band.
8. Get an amateur to take your photos and videos. Why go through all the hassles and fights you're bound to have with a professional photographer? Hire an amateur. Check out the local colleges where people are studying photography and find somebody there. Or, like one wedding I went to, put disposable cameras on every table so that your guests can take pictures of each other. You'll end up with quite a lot of pictures.
9. Send your wedding invitations via email. I recently got invited to a baby shower via Evite. All I had to do was click "yay" or "nay" to RSVP. It was very cute. Something like that is a whole lot less expensive than the 42 different envelopes packed into one with all the tissue paper and stamps. Forget all that. Use the net.
10. Don't have so many bridesmaids, and let them wear their own choice of attire. It saves money and makes everybody happier. Give them a color scheme and say, "Whatever it is, it needs to be ____ shade of blue." You can even send them all a swatch of that shade for comparison. In addition, you only need to have one or two bridesmaids. You are not one of the royals in England.
Nowadays, people tend to spend more time on the desserts and who's going to sit where than they do on what they're actually committing to: their sacred vows. Keep it simple, keep it sweet, and most importantly, keep it meaningful.