With the two most popular months to get married right around the corner, June and September, couples are realizing their wedding budget expenses are inevitably adding up. From the reception venue, photographer, and catering costs, it’s easy to go over your budget even if you think you have everything planned.
On top of that, there are last-minute costs you may have forgotten to take into consideration when you initially planned your budget. These can really add up and make your BIG day…even BIGGER than you planned! To help you plan out these costs, we have created an outline of what costs to consider throughout the wedding budget process.
When couples budget for the rehearsal they typically only take into consideration the dinner bill itself. Most brides-to-be go out last minute to purchase a dress for the special occasion, and a new tie or dress shirt for the fiancé to wear. Adding those costs to the gifts you may be giving out to your bridal party can easily exceed a couple hundred dollars.
Tipping can often be forgotten until the last minute, and can make a large dent in your wedding budget. Double check to make sure vendors are not already adding gratuity into your bill. If not, tipping can increase your vendor bills by hundreds of dollars. Check out The Knot’s Wedding Vendors: Tipping Cheat Sheet to learn how much is appropriate to tip.
Marriage License Fee
The state you are getting married in will determine your marriage license fee. This cost is inevitable, but often forgotten when budgeting for your wedding since you cannot obtain a license until closer to the actual wedding date. For a complete list of marriage license fees and application requirements per state click here.
When getting ready for the big day, couples forget to account for breakfast and/or lunch. Feeding the bridal party, even from a local deli, adds up once everyone has placed their order. Do not forget to include beverages, tip, and tax as well.
Odds and Ends
You made the seating chart and know who is sitting where, but now you have to print escort cards, programs, and the dinner menu for each seat. These fees can be decreased, but not removed, by substituting printing a poster or a trendy DIY chalkboard for all to view.
Bathroom baskets or an emergency kit can be a life-saver during the reception, but hitting the travel aisle at your local store can slay your bank account. From stain remover wipes to mints, check out what to include with this DIY kit by Weddingbee. Your bank account will be happy, and so will your guests.
Did you include you and your significant other in the final headcount? This is a typical cost overlooked by couples, as well as adding in meals for your hardworking vendors (typically DJ’s, photographer(s), and any other vendors who plan to be at the majority of your wedding reception).
Thanks to Pinterest, brides now want a memorable exit from the wedding reception. While blowing bubbles, tossing sprinkles, or waving sparklers may seem like cheap ideas, multiple that by the number of guests you have, along with any personalization on the items, and your final costs can skyrocket into the hundreds.
Typically photographers do not stay for the entire wedding reception. Plan ahead if you want your photographer to capture your dramatic exit and see if their overtime costs are an expense you can afford.
People inevitably run late, get lost, or have some reason why they cannot make your ceremony in time. Waiting for the seats to be filled may push back your start time even though you are ready to walk down the aisle. A late start to your ceremony instantly causes a domino effect into your reception. Check before your wedding day to see if your venue has a time you must be off the premises, or if they charge for extra time in any certain denominations.
If you are finding yourself in a financial bind, and need help financing your big day, don’t stress; we’ve got you covered! From last minute costs to accidentally going over your budget, we make loans for any reason. Call or stop by your local branch today to see how we can help!
Not getting married, but going to a wedding? Read our previous blog to see if you can really afford to attend that wedding!
†We offer personal loans from $1,000 to $25,000, with loans terms from 12 to 60 months. Minimum and maximum amounts dependent on an applicant’s state of residence and the underwriting of the loan. Loans between $1,500 and $15,000 may be funded online. Loans greater than $15,000 or less than $1,500 are funded through our branch network. Specific interest rates and fees are determined as permitted under applicable state law and depend upon loan amount, term, and the applicant’s ability to meet our credit criteria, including, but not limited to, credit history, income, debt payment obligations, and other factors such as availability of collateral. Not all rates and loan amounts are available in all states. Additional fees may apply to some loan offers; some state required and/or permitted fees may be treated as prepaid finance charges. Any such charges shall be in addition to the loan amount requested and/or approved and shall be fully disclosed to the applicant on his/her loan agreement. Not all applicants will qualify for the lowest rates or larger loan amounts, which may require a first lien on a motor vehicle not more than ten years old titled in the applicant’s name with valid insurance. Our loan by phone and online closing process requires a compatible mobile or computer device on which you can access your email and electronic documents. Not all loan types are eligible for loan by phone or online loan closing.
§No payments until March 2021 does not apply to online loans. This offer applies only to loans closed in a branch location or closed by phone on or after January 15, 2021. Our loan by phone process requires a compatible mobile or computer device on which you can access your email and electronic documents.
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. As a result, under our customer identification program, we must ask for your name, street address, mailing address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
*The process uses a “soft” credit inquiry to determine whether a loan offer is available, which does not impact your credit score. If you continue with the application process online and accept a loan offer, or are referred to a branch and continue your application there, we will pull your credit report and credit score again using a “hard” credit inquiry. This “hard” credit inquiry may impact your credit score.