Your wedding day is one of the happiest days of your life. You’re surrounded by family and friends as you embark on your new journey with your spouse. While your wedding is one of the best moments in your life, it is also among the most expensive. According to The Knot, the average cost of a wedding in 2018 was almost $34,000. Luckily for you, there are some strategies you can use to help trim costs and still have the wedding of your dreams.
Dressing Your Wedding Party
Everyone knows it’s most important for the happy couple to look their best, but dressing bridesmaids and groomsmen doesn’t need to break the bank. There are several ways you can save money by taking a look at the wardrobe of the wedding party. If having a set dress code for your wedding party isn’t imperative, you can allow them to dress themselves within basic guidelines that you’ve defined. Or, you can choose to ditch the tuxedo rental in favor of going with a classic suit and tie, which not only saves on rental fees, but allows your groomsmen to reuse their suits in the future.
Controlling Food Costs
Food and bar costs are among the largest contributors to expensive wedding receptions. So, how can you save some money while making sure your guests don’t go hungry? The first thing you need to do is ask about your reception venue’s rules for food and drink. If your venue allows you to bring in outside food and beverages, you can save thousands of dollars on a caterer by preparing the food yourself with some help from family and friends.
If your reception venue does not allow you to bring your own food, choosing a buffet option is usually cheaper than a plated dinner. With a buffet, your guests can choose from a variety of options while you save on the cost of table service and wait staff.
Be Creative When Setting a Date
Summer through autumn is wedding season, with the most popular wedding months being June, September, and October. Opting for a winter wedding can save you quite a bit of money. First, most venues are cheaper for weddings outside of the peak summer season, which can save you thousands. Secondly, there isn’t as much competition from other couples for the venue you want.
If a summer wedding is important to you, most reception venues are cheaper to rent on Fridays and Sundays. If you’re willing to be flexible and not have a traditional Saturday wedding, you can save big.
Make Decisions that Work For You
Ultimately, your wedding day is about being surrounded by the people you love as you celebrate your new union. We hope these savings tips help put you and your spouse in a stronger financial situation as you begin your life together. Open a savings account with Iowa State Bank today in order to start saving for your big day!
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