Before saying "I do" and living your "happily ever after," you first need to "divide and conquer." This means that you first need to sit down with your partner and decide how to divide your wedding budget. It is grueling, really. Even after you have decided on the overall wedding budget, you need to break it down into percentages and allocate each on wedding venue, reception, catering, gowns, flowers, music, gifts…the list does not stop!
While every wedding is unique, it is certain that these items will receive the biggest chunks in your wedding budget:
The after-ceremony wedding reception receives the largest chunk in your wedding budget. This item includes finding a venue that hosts weddings, ordering your catering, and all other rentals. The wedding venue should be able to accommodate all your guests. As for the catering, you'll not be paying just for the actual food. You're also paying for labor, preparation, wait staff, and other expenses. You also allocate a budget for your wedding cake—the bigger and elaborate it is, the more expensive it will be. All other rentals such as tables, chairs, utensils, plates, and glassware are also included in this item. The wedding reception and related expenses probably gets at least 48 % of your overall wedding budget.
Photography and Videography
Your wedding is probably one of the most important milestones in your life and you'd want it to be documented beautifully. Wedding photography and videography packages typically include pre-nuptials photos that are typically used in your "save-the-date" or RSVPs, same-day edit wedding video, and professionally curated printed wedding photo albums. A complete wedding photography and videography service is typically expensive because you are paying not just for the output, but a wide range of costs such as equipment, transportation, time of the professional photographers and videographers, labor, and editing time. This item receives about 12% of your overall wedding budget.
Wedding Attire and Accessories
Another large chunk of your wedding budget is allocated for wedding attire and accessories. The wedding dress, tuxedo, bridesmaid's gowns, hair and make-up, and all other accessories are included in this bill. The bride can choose a style for her wedding dress and that of her bridesmaids' that fits the budget. The groom and groom's men can rent tuxedos. As for the hair and makeup, ensure that you would be working with a professional make-up artist and hairstylist. While one could easily suggest finding an affordable hair and makeup services, this item should be one of the few items that you should splurge on because you want to look your best in this event. This receives about 10% of your overall wedding budget.
Most of the time, the success of a wedding depends less on the actual amount of your overall budget. Rather, it depends on how well you divided and allocated the money on the most important things. Your wedding venue and reception, photography and videography, and wedding attire and accessories should receive the largest portion of your wedding budget.