
What to Do When Your Wedding Goes (Seriously) Over Budget

Even with excellent planning, it’s not uncommon for couples to go over budget when planning their wedding. In other words?it?s not something you should beat yourself up about too much. However, in all the hype of the process, it?s easy to throw down a thousand dollars here, a couple hundred dollars there, and before you know it you?ve spent significantly more than you can afford. What happens then? Depending on your situation, you might have to make do with your mistake. If you?re lucky, you can undo a few things. But most likely, you can make a few little fixes that will ease the budget burden and get you back on track to reexamine your wedding planning process.
Take It Back
reading through your contracts, check for any hidden fees on the vendors you do intend on keeping. For example, your photographer may have quoted you for only a four-hour job, and anything after that will be charged extra. You definitely don?t want any additional spending surprises when you?re already cash-strapped.
Salvage Your Spending
Try to get your money back where you can. If you?ve already bought furniture or decor, or even your dress, why not put it back on the market after the event? You?ll be surprised that you can get most of the money back if you advertise things right. And don?t be afraid to sell some unwanted wedding gifts if it comes to that.
For things you can?t sell, consider donating them to a charity. Not only will you be doing a good deed, but you can double down by making it a tax write-off. (Just make sure you get a receipt!) Believe it or not, some charities will even accept fresh flowers as donations?just inquire with them ahead of time about it.
Tighten the Leash
consider crossing some names off your list.
Start Saving Today
If all fails, you might have to find another way to get some cash. This may mean spending less in other categories of your daily life (such as eating out) or getting a side gig to pay things off quicker. If you?ve been using a credit card for all wedding expenses, transfer the balance to one with a low APR. Some credit cards will even give you 0% for a year or more as long as you make the minimum payment per month. A bit here and there could easily save you hundreds a month and you won?t even notice it!
Yes, it is possible to take some immediate remedial action to avoid the post-splurging guilt. Having said that, the best piece of advice you will ever hear is to do everything to avoid being in that situation in the first place. This means making a strict spending plan and sticking to it. You will thank yourself later!
The post What to Do When Your Wedding Goes (Seriously) Over Budget appeared first on Weddingbee.
Real Weddings
Meet our couples and get first-hand advice on their planning journey