How to set your wedding budget (and stick to it!)

Welcome back to the Your Wedding Unlimited podcast! 🎉 Abby, UK wedding planner and owner of Elegance Unlimited, is here again to guide you through wedding planning with a sense of calm, confidence, and control. In this episode, Abby focuses on:

• Why setting a budget is one of the most critical early steps in wedding planning.
• The three essential steps to determining your wedding budget.
• Practical tips to track your spending and avoid unexpected surprises.
• The importance of creating an emergency fund for your wedding.
• Common risks of not having a budget and how to steer clear of them.

If the idea of numbers and money makes you uneasy, don’t worry—Abby’s practical advice will help you manage this part of the process with ease and maybe even a little excitement!

Key Takeaways:

Three Steps to Setting Your Budget:

1. Discuss and agree on your dream number—how much you’d ideally like to spend.
2. Assess how much you can realistically afford based on savings and other financial priorities.
3. Decide how long you’ll need to save and make compromises if your dream and realistic numbers differ.

Risks of Not Setting a Budget:

• Overspending and messy financial decisions.
• Forgetting key elements and facing last-minute sacrifices.
• Increased stress and reduced enjoyment of the planning process.

Tips for Sticking to Your Budget:

• Track everything in your preferred format (notebooks, spreadsheets, or apps).
• Allocate funds to different areas of your wedding and adjust as needed.
• Set aside 10% of your budget as an emergency fund for unforeseen expenses.
• Avoid rash decisions, even when tempted by discounts or limited-time offers.

Stay in touch until the next episode:

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Need more planning support:

Elegance Unlimited Instagram - https://www.instagram.com/eleganceunlimiteduk/

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Soundtrack - Once Again by Benjamin Tissot

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Next week, Abby dives even deeper into planning strategies to ensure your wedding is as fun, unique, and personal as possible. Don’t forget to subscribe so you don’t miss a single episode!

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