Updated May 12, 2022 Reviewed by PAMELA RODRIGUEZ According to data gathered by Brides, the average wedding cost was $28,964 in 2021. Understanding how much money you want to spend and how much money you can afford to spend is helpful when making a wedding budget.
1 Make a list of the most important expenses you should include in your wedding budget and then allocate a portion of your budget to each expense to figure out how much you should put toward each one. The amount of time you have to prepare for the big day and how much you have saved or plan to save each month can have an impact on your wedding budget.
IMPORTANT TAKEAWAYS: Putting together a wedding budget can help you avoid overspending and starting your married life in debt.
The total cost of a wedding can be affected by factors like where you live, the size of the ceremony and reception, and your personal preferences.
It’s critical to determine which costs to include in your wedding budget based on your financial capabilities.
When figuring out your wedding budget, it’s also important to talk to your future spouse about who will pay for what.
