Thursday, May 27, 2010

Managing my budget

I originally planned to have a wedding for $10,000...yeah that is so not going to happen. I am currently working very hard on keeping it below $15000.

With my 3 major expenses being variable costs depended on the number guests that attend it will be awhile before I will know exactly what I will spend so I've decided to play it conservative and budget on 200 attending (There are 230 possible guests but 30 are children which I plan to negotiate pricing on).

I can see how easy it would be to spend $20,000+, as I'm really don't have a lot of expenses; wearing my sister's dress, mother-in-law to be is sewing the bridesmaid gowns and groomsmen vests, my mister's cousin is a professional photographer and has offered to do the pictures for free, and my best friend and I are baking the cake(s) and doing a lot of DIY decor.

And technically of the $15000 budget my parent's have offered to pay for the food, which will probably be around 1/3rd of it, and since I live in Manitoba where pre-wedding socials are very common I will be throwing one of those a few months prior to the wedding date and my goal is to raise enough money to pay for the alcohol. So that only leaves my mister and I with approximately $7500 to look after which is still below the original $10000 budget.

I just wish I could actually have the wedding I want and pay that amount I want!

Well here's to a year of penny pinching planning! Luckily I'm an accountant by trade so I hope I can manager a simple budget.

1 comment:

  1. 1. I love that you call him your 'mister'
    2. I love all your posts lately!
    3. Are you having a social and a Bridal Shower? Remind me what the purpose of a Bridal Shower is if not to get money and gifts...?