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Wedding advice on how to keep within the budget you set for your Shaadi.
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Today’s topic is about your wedding budget. For those couples who do have specific budget you must be very clear on the number of guest you're going to invite as this will determine your venue, as well as the amount of money that you're spending on the actual day itself. For the couples that do not have a set budget, you also need to be very clear on how much you're willing to spend on each category. For example, as a benchmark you should be spending between 45% and 50% on your wedding venue. You need to be clear on whether you are spending your reception, as well as your wedding ceremony at this venue. Consider who is contributing to your wedding. If parents are contributing, make sure you both agreed on the amounts. This is a very important factor because if there is any gray areas it could lead to problems when it comes to paying for the supplier.
Open a separate bank account for your budget. This makes it very clear on how much money you spent and what is yet to be spent. It also can protect you against payments that you have made to suppliers as it is very clear especially if using credit cards—what has been paid out. Be realistic about how far your budget will stretch. If you can, set aside some money as a contingency. There are always hidden costs in the wedding planning process, and unfortunately these don’t come to light until the very last minute.
A vital part of your budget would determine your guest list—are children being invited? This may not seem like a major factor, but unfortunately in terms of catering it can be. Determine whether children will be counted as a plate, will they be having the full menu or can they maybe do something slightly cheaper on a children’s menu.