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Sample Wedding Budget Worksheet

Sample Wedding Budget Worksheet

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Sample wedding budget worksheets are something that most brides and grooms struggle with planning. A budget sheet is a concept that is widely used in the world of business. The purpose of this sheet is to track expenses and allocate the appropriate percentage of funds to each category. Some of the responsibility for a wedding can be:

(a) Accuted for from primarily by the bride's parents

(b) Accuted for from primarily the groom's parents

(c) Shared together both sets of parents

(d) Shared among the families and the bride and groom

(e) Accented for entirely by the bride and groom

Worksheet for Budgeting your Wedding

The key to the budgeting is compromise. The bride will usually prefer all the best accessories and dresses where as the groom will be more financially conscious of the whole process. So, they need to meet somewhere in between to accomplish what they both want. A good rule of thumb is to combine on quantity not quality. The quality of the wedding is what will be remembered by all. It is very possible to have a beautiful classy wedding on a tight budget, just be careful of how many guests are inviting. Having a budget sheet is helpful, so you may want to divide the sheet in categories such as the ones below.

Bridesmaid's gifts, Transportation, Stationary – 2% each

Rentals, Miscellaneous – 3% each

Flowers – 10%

Photography – 11%

DJ entertainment and Lighting Design – 10%

Bridal Attire – 12%

Reception – 45%

These figures can be a good starting point for budgeting your wedding. Obviously, nothing is set in stone but if you follow a budget, you should be around the figure you would like to keep the total cost at. The percentage is based on the total cost. So, if you would like to spend $ 20,000 total on a wedding, $ 9,000 ($ 20,000 x 45%) will be allocated for the reception.

The responsibility of cost for a wedding is stated by tradition. There is no right or wrong way to figure costs. It is a matter of choice and it's something that you should discuss with both sets of parents. More than likely they will incur some of the financial burden. They will also want to be involved in your decision making process.

By now, the concept of a wedding budget sample is a little clearer to you. Let's walk through an example. We will assume that the total budget is $ 20,000 (which is below the national average for a wedding budget). The percentages above can be changed accordingly to what you would prefer to focus on during the wedding. If the DJ and lighting design are more important, then you can allocate 11% towards the DJ and lighting instead of 10%. This would translate to $ 2200 ($ 20,000 x 12%) budget instead of a $ 2000 ($ 20,000 x 10%) budget for the DJ. Prioritize the list below as to what is most important to you and then adjust your percentages accordingly.

Number of guests to be invited will influence the type of wedding site (church, synagogue, hotel, club, home) Location of reception venue – church hall, hotel, club, home, banquet hall

Bridal attire – what will the bride wear

Food and beverages – what kind of food and beverage will be served and how will they be served

Flowers – how many flowers and what kinds of flowers

Photographs – which professional company are you going to choose

Music – DJ Entertainment or live music, what about lighting design

Rentals – Would you like a photo booth rental at your reception

Transportation – a limousine, a luxury rental car, friend's new car, or family car

The cost breakdown should be flexible enough to allow for minor changes. It is better to account for changes than wait until the last minute. However, some budgets have the freedom to move around for last minute budgeting. Most vendors understand this, and will give you the option to upgrade or add on a service a month before the wedding. Reputable services require a 50% non-refundable retainer payment in order to reserve your date. Typically, any outstanding balances will be due 2 weeks prior to your big day.

Wedding Budget Planning

Together you and your fiancé can use the ideas and formulas mentioned in this article for a healthy wedding budget. You should keep a close tab on the borrowed amounts, total costs, payments made, and the balance due in each category. Congratulations, and feel free to leave your thoughts and comments with us below!

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Source by Robert Reno

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