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8 Costs to keep in mind while planning your wedding

  • Highlights

  • Be it booking the caterers or hiring the florist, the to-do list when planning a wedding is endless

  • With so many things going on simultaneously, having a solid financial planning is essential

Everyone has an idea of how they want their wedding to pan out. But, reality can be different from what you’ve imagined, especially when you want to stretch a buck. Your wedding can quickly exceed your budget if you don’t keep track of how much you’re spending. So, here are 8 expenses to factor in while planning your wedding.

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1) Wedding outfits

Wedding outfits are usually one of the most expensive purchases you make. Planwhat you will wear well in advance so that you have a clear idea of how much you can spend. Also factor in costs for matching shoes, handbags, and accessories. One good way to save on this is by revamping clothes you already have with accessories like a new dupatta or statement jewellery.

2) Wedding jewellery

Gold, diamond, or polki—when it comes to wedding jewellery, your choices are endless. Instead of chunky pieces, pick lighter ones that you will be able to wear later as well. More importantly, the latter is also more affordable. If you’re not keen on investing in jewellery, what could be a better time to wear afamily heirloom jewellery. Alternatively, you can also rent jewellery for your big day. Keep in mind that wedding jewellery shopping can put a huge dent on your wedding finances, so planning for it in advance and discussing your options with your family is a good idea.

3) Pre-wedding beauty treatments and mehendi

Pre-wedding skincare and beauty packages, makeup and mehendi are often overlooked while allocating funds. However, these are a part and parcel of any wedding, so you need to plan for them too. On the day of the wedding, apart from the bride and groom, some guests may also want to engage the services of experts, such as the makeup artists. Since you will have to foot the bill, it is better to have a financial buffer. Similarly, if you’re hosting a mehendi function, factor in the cost for the bride as well as the number of guests attending this function. Also, if youwant a specific mehendi artist to do the application, budget for their travel, accommodation and other expenses as well.

4) Gifts

Gifts for the relatives, in-laws, and close friends are an important part of the wedding ceremony. Depending on your budget, allocate enough resources to cover this aspect. If you want to go a step further and hand out wedding favours to your guests, don’t forget to factor in this cost as well.

5) Invites

The wedding invite is the first glimpse of your wedding. Sometimes, a box of chocolates or a gift accompanies the invite. There is a huge variety of invitation cards these days from simple, printed ones to handcrafted, 3D ones—each variant’s cost differs. Depending on what you have in mind, factor in the cost invitation cards. You could save money by sending out e-invite is an easy alternative.

6) Venue

The wedding venue takes up the biggest percentage of the wedding budget. It includes costs for décor, lighting, photography, videography, transportation, and accommodation. It is wise to allot a major portion of wedding budget to this

7) Food and beverages

The food is the most exciting part for a wedding guest. Hire a caterer who has good credentials and excellent recommendations. As for beverages, the budget entirely depends upon what kind of drinks you want to serve—alcoholic or non-alcoholic. If you are hosting a wedding at a hotel, then the cost of beverages may be higher, so do keep that in mind.

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8) Miscellaneous

No matter how well you have planned the entire wedding, some costs are sure to crop up at the very last minute. These include tips for the serving staff, paying the priest, emergency transportation costs, and so on. When doing the math, allot funds for miscellaneous costs so that you don't feel the pinch at the last minute.

Last minute expenses are unavoidable when it comes to planning a wedding. With an Instant personal loan, you can manage all your finances effectively and cover all unpredictable costs with ease.

The content of this document is meant merely for information purposes. The personal loan features mentioned in this article are subject to updation, completion, revision, verification and the same may change materially based on policy revisions. For more details, please visit our Personal Loan terms and conditions page here.

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