The most important part of planning a wedding is setting your budget. Your budget is important because it is next to impossible to know what you can afford for each major part of wedding if you don’t set an overall cost that is comfortable for you. You will probably find that deciding budget is hardest job to do because, of course, you want to have best and most memorable wedding you can possibly have.The days when wedding was paid for by parents of bride are almost gone now. Parents will often contribute to wedding cost as a gift to couple, but it is pretty rare for parents to cover whole cost of wedding.
Usually this is because parents simply can’t afford it. But couples today often prefer to pay for their own weddings because it ensures that they can plan them way that they want to without interference.
These days, 4 out of 5 couples pay for their own wedding and it helps to know how your budget should be broken down.
When creating your budget, you will first begin with overall amount that you can afford to spend. The average wedding today costs approximately $19,000. This is not a definite, but this is what statistics currently show.
Now you will need to take that overall budget amount and split it percentage-wise for each major aspect of your wedding e.g. how much to spend on wedding clothing, rings, catering, decorating venue etc. If you are not good at percentages, you can always utilize Internet and check with various websites that offer you free or cheap wedding budget calculators that will do it for you.