Why do weddings cost so much? How can you possibly plan to save up for a wedding when a wedding thirty years ago didn’t require a year’s salary. So how do you plan for it? The first step is to calculate what a mid-sized car costs. That’s about what you can expect to spend on a wedding. Currently, an average wedding costs about $20,000 to $30,000. Thirty years ago, that cost was closer to $3,000 to $4,000. Thirty years from now, the average cost of a wedding could easily be $100,000.
Okay, take a deep breath. Remember, adjusting for inflation, the value of the dollar and more as well as changes in society, traveling and the like factor into what it costs to host a wedding. So, let’s figure remember the following factors whenever you are planning a wedding.
Expenses
The expenses associated with wedding planning include, but are by no means limited to:
- Ceremony location
- Food & Beverage Expenses
- Officiant fees
- Ceremony & Reception music
- Invitations
- Announcements
- Transportation
- Wedding Dress
- Tuxedo
- Wedding Cake
- Photographer
- Videographer
- Favors
- Rehearsal costs
- Hair stylists
- Manicures
- Make up
- More
It’s enough to make your head spin. Weddings cost a lot because there are so many people involved. Despite the fact that there may be an abundance of bakers, photographers and other vendors in the area. They can usually only handle one event per day – so their time is limited and they have to make their money in that limited time frame.
Want to cut wedding costs?
Knowing that you need so many different vendors and they are limited on their time and commitments. Go for an off season wedding (have your wedding between October and May) and instead of a weekend, host it on a weekday. You may be surprised by how many good deals and reduced prices you may discover in that time frame.
As you go forward and plan for future weddings, remember these tips. Planning your wedding carefully and the timeframes carefully can save you money now and in the future. After all, you want the best for your wedding and for your kid’s wedding – but you also want to not spend your life’s savings to get it.
Can you think of other reasons why weddings are so expensive?
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