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October 13, 2012

Tying a knot around wedding expenses

Occasion doesn't need to break the bank

(Continued)

Newlywed Corrine Tompkins offered the following account: “I spent about $11,000 on my wedding, but felt that there were places where I could have spent less. I think that the best thing to do is to establish a budget.”

This budget helps to fill in details of the plan that is the starting point of wedding preparation. Tompkins explained that once you have figured out what you have to spend, prioritize the plan list according to the number of people being invited and what parts can be done on your own to cut costs. Tompkins saved decorations for last on her wedding budget, correctly figuring that if there was no money to spare, the view itself would be plenty though she was able to spend on decorations.

Tompkins and her husband, Dustin, were married in June on a private mountaintop outside of Walton where a 360-degree view created an unforgettable setting. Beautiful outdoor settings can be tremendous money-savers but weather is the great unknown regardless of the season, and they realized that tents were a must. Their reception was held at a local restaurant that worked with them to accommodate the number of guests planned and amount of food needed.

“My biggest piece of advice would be to only invite the people you really want there,” Tompkins said, “It’s nice to have everyone but it’s much more expensive. The fewer people you invite, the more you save on almost all of your expenses.” 

The Tompkinses have a very large circle of family and friends, many of whom live locally. so the task of invitations was a difficult part of their planning. Just the invitations, thank you’s and postage will be $300 or more without considering place cards, menus and programs.

The cost of renting a reception location in this region will cost about $2,500, the very basic catering prices for 130 guests will begin at $4,000 with an additional $2,000 more at least for bar service. 

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