This is the post where things get real. Where you get to see how much we spent, where, and why. No doubt it’s a tough thing to write about…money, and it’s here for everyone to see, but I feel it’s an important and instructive tool for planning brides.
Thanks to our 19-month engagement, we had more time than the average couple to sock away money. I took full advantage and saved 20% minimum of my take-home pay each month. The trick is to start early to beef up your savings—it’s like retirement! The best part? Those funds were hardly missed.
We intentionally did not set a budget until we had real numbers to base it on. I mean, we could have easily set an arbitrary number and worked backwards, but you can imagine all the lovely conversations resulting from that idea. (You’ve probably had some of those yourself.) What we had were priorities. If it was important to us and cost a little more to get exactly what we wanted, we were fine with that.
Budget: loosely defined as $25,0000-30,000. We realistically expected to spend more than $25,000 given our desire for certain splurges, but hoped not to exceed $30,000. Thirty grand seemed to be our magic threshold. My parents were extremely generous and gifted us money equal to almost a third of our total expenses. Totally unexpected and unnecessary, but wholeheartedly appreciated!