How to Plan a Wedding with $5,000

The concept of a budget was foreign to me when I moved out on my own for the first time after college. I was just thrilled to get a regular paycheck. After all, I was making more money than I ever had. I always just kinda knew how much money I had and when I was running low. I often checked my checking account online but rarely sat down and actually planned where my money was going to go. 


Until I unknowingly bounced a check. And then another. And then another. All in one week. About $200 in bounced check fees later, I realized that I didn’t have that much of a clue as to the flow of money through my checking account. I knew I had to set a budget and stick to it.

Creating a budget is the only practical way to get a grip on your spending and in the case of planning an event, to know how much you can spend on each area.

A budget is the total sum of money allocated for a particular purpose or period of time. Here’s a look at how far $5,000 will stretch to plan a wedding ceremony and reception at a church. These percentages are traditionally accepted.

Wedding Budget Breakdown
Total Budget: $5,000
Expenses % of total budget Estimated Cost What you want/plan to spend
Ceremony
Site and officiant fee, marriage license
3% $150 ___
Reception
Site, food, drinks, rentals, cake, favors
48% $2400 ___
Attire
Dress, veil, undergarments and hosiery, shoes, accessories, jewelry, hair and makeup, tuxedo or suit, shoes
10% $500 ___
Rings
His and her bands
3% $150 ___
Flowers
Ceremony, bride's bouquet, attendant bouquets, corsages and boutonnieres, centerpieces, flower-girl basket
8% $400 ___
Music
Ceremony and reception musicians, singers, DJ, sound system rental
8% $400 ___
Photography
Photographer and videographer's fees, albums, prints
12% $600 ___
Transportation
Transportation for wedding party, guest shuttle and/or parking attendants
2% $100 ___
Stationery
Invitations, response cards, thank-you notes, postage, guest book
3% $150 ___
Gifts
Attendants, parents, welcome baskets for out-of-town guests
3% $150 ___


As you can see, some areas seem tighter than others. You may be able to get friends and family to volunteer for wedding transportation and use that money to beef up your photography budget. If your groom’s parents are covering his tuxedo or suit, use that extra money on your gown or move that money over to the flower budget. There are many ways to cater this budget to suit your wedding priorities. A creative bride and groom can manipulate the numbers to create an ideal wedding budget for their wedding.

There’s one sneaky little area of expense that a bride would be smart to factor into her budgeting: the ever-illusive “miscellaneous” category. What will amaze you as the wedding day approaches is how much isn’t factored into the budget. Set aside part of your budget for miscellaneous expenses: tips, last minute purchases or unforeseen expenses. They will add up quickly.

Add a Comment

Your Name:

Your Email:

Comments:



2 Comments

Thank you for your nice suggestions.Wedding is a special event.The ceremony should be perfect. wedding car should be perfect.It is very important.
Posted by wedding cars
Some really good money saving tips you have to offer. Every bride wants to budge but we all want the most beautiful wedding.
Posted by louis