The Pixilated Podcast

Ep. 39 | 7 Tips for Creating Your Wedding Budget

July 30, 2020 Patrick Rife | Alex McGlynn Season 1 Episode 39
The Pixilated Podcast
Ep. 39 | 7 Tips for Creating Your Wedding Budget
Show Notes Transcript

Welcome to another episode of the Pixilated Podcast. I’m Patrick Rife and I’m Alex McGlynn and today we’re going to talk about 7 Tips for Creating Your Wedding Budget.

1. Determine a rough overall budget first
2. Determine how much help (if any) you're getting from your family
3. Create an expenses spreadsheet
4. Do your homework (i.e. - research how much catering and flowers cost)
5. Figure out what is most important to you so you know where you're willing to make sacrifices
6. Start to allocate your rough budget into vendor costs
7. Track every penny you spend to keep yourself honest

So, that is it for today before we go don’t forget to rate, review, and subscribe it helps us grow and we will see you soon.

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Hello and welcome to The Pixilated Podcast. I'm Patrick Rife,

and I'm Alex McGlynn.

And today we're gonna be talking about seven tips for creating your wedding budget.

Yeah, absolutely. So you probably notice the theme here, we're trying to it's almost wedding season. So we're trying to get some of these tips out and about, so that people can hopefully use them for either their fall or maybe their rescheduled spring wedding. So just to kick it off budgets. So determining a rough overall budget is the absolute first thing you need to do. And these can be really broad swath numbers. If I want to have a $20,000 wedding, right, whenever a $25,000 wedding or a $40,000 wedding, it's really matter what your budget is, you just have to have that number in your head about how much you're willing to spend on the event. Before you start planning the rest of this process. It's gonna be really important for some of these later steps already have that number kind of in mind, it's harder to put the snake back in

once it pops out there So number two would be, this is the hard conversation, but determine if you're getting any how much if any help you're going to get from your folks from your fiance's folks. Are they coming in equal? Is somebody paying a lion's share? Like, what is the situation? Definitely understanding how much of the gap you're gonna have to fill this leftover will really help aid in deciding what you're like in total budget is going to be.

Yeah, absolutely. And I mean, it's becoming increasingly common that people pay for their own weddings. So yeah, if that's you, just kind of stick to your stick to your guns, stick to your budget, and plan accordingly. So the next step, create an expense spreadsheet, this is really important, created beforehand, kind of break everything you think you're gonna be spending money on up into different categories. You can make it as specific or as broad as you want, whether it's entertainment and floral flowers in the venue, and the catering and the alcohol have all that stuff broken out so that you can see Where you're spending money specifically and start to create the the framework of your budget,

yeah. Next step, do your homework or like, do your homework, don't roll into anything with unrealistic expectations. It's the it's the quickest path to a really terrible process of planning your event, your wedding, whatever the case may be. But you know, like before you start pipe dreaming about what you're going to spend on flowers or catering, look at what it cost to hire a caterer. You know, like before you start assuming that you're going to have like a full seated dinner like look at the difference between a full seated plated dinner and buffet. Realize buffets are not happening right now. And they're not going to be happening for quite some time. But there are different kinds. The point is there are different costs, you know, like hydrangeas that are a certain size versus roses are at different costs, do your research, educate yourself on what each of those things cost so that way you can prioritize what's important to you. Right, it's funny

you say that a great tech So the next tip is figure out what is most important to you and know where you're willing to make sacrifices and know where you're not willing to make sacrifices. Again, really important upfront, if you have always dreamed about getting married in a barn out in the country, just have that, do some research, figure out what that's going to cost and budget accordingly. If you are not as concerned about the venue, but you really want to make sure that the catering is done in a specific way. Again, budget accordingly, it doesn't necessarily matter what, what thing is going to be most important to you what things are most important to you. Just make sure that you know them ahead of time and that you and your partner are in agreement on those things. One, it'll save a lot of discussions down the road, but also it'll make it easier to plan as you're moving through the process.

Yeah. Next is start the rough budget. Put those big categories that you know you're gonna have in there and break your budget up amongst them. Decide what you're going to spend in meatspace that this is not etched in stone, you're going to rob a little Come here for a little for there, the final numbers are going to come in, you're going to cut some from here to get a little back for there. But having a working kind of template that has the buckets already built out, it's gonna be really helpful because there's going to be a bucket that you didn't plan for, that's gonna like work its way onto the table, and you're gonna have to figure out how to fill that bucket up. And there's no easier way to do that. And to have the buckets that you're going to run it from kind of all there in front of you.

Exactly. And again, if you do the research ahead of time, and you know that catering like a buffet for 100 people costs X amount of dollars, you can take that amount out of that rough budget you created in step one, and put it into that category, kind of know what you're working with from that point forward. And again, it'll also give you a really clear idea of where you probably will need to make some sacrifices or will need to try and find some extra money to get exactly what you're looking for. And then the last part and this is probably the most important track every single penny that you spend to keep yourself honest, it is really easy to kind of talk Those 123 $400 expenses to the side and not track them diligently. They really add up over time. They add up really quickly. So when you're sending out your invitations, when you're sending out your save the dates, all those things, again, there's some seemingly small expenses, expenses, but they add up really quickly. So make sure that you're tracking everything. Yep.

So that's it. That's your seven tips for how to start to pull together your wedding budget. Before we go, I want to mention that this week, Pixilated is running a deal the week so if you are listening to this podcast in real time, you can head over to to unlock this Deal of the Week. And if you are not listening to it, if you are a new fan that is going back weeks and months and years into this podcast, there's always a deal that week, so go and lock that one. But this week, the Deal of the Week if you're planning a wedding, if you're planning something this fall, you can choose to have a ship in one of our Pixy tabs are PixiTab Plus is or you can add an instance of PixiWeb To your event like our shared photo galleries or virtual event, photo booth, or a blend of the two of them, and if you check out today, or this week through Sunday, you will be able to get a free print pack upgrade. So a pretty cool value a really fun thing that most people want to go along with their photo booth. So get your free prints. That said, before you go if you could please remember to rate review and subscribe to this podcast. It helps us find a larger listener base as well as ensures that you're notified each time we publish a new episode. So without further ado, I'm Patrick Rife

and I'm Alex McGlynn

peace, guys.

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