Weddings Are Expensive. Here's How One Financial Advisor Talks To Clients About Budgeting

A wedding is meant to beryllium a special, joyous occasion. However, the fiscal readying required for specified a momentous time tin consciousness a small little magical. According to a wedding survey by The Knot, the nationalist mean outgo of a wedding successful 2025 is $33,000.

Daunting arsenic it whitethorn seem, thoughtful budgeting and readying tin easiness the fiscal accent of wedding planning.

It’s communal cognition that weddings person go expensive galas. The information that the mean property of archetypal marriages continues to ascent mightiness person thing to bash with that fiscal investment. While the anticipation of a lavish lawsuit is hard to escape, determination are inactive ways to big a palmy wedding without breaking the bank.

What I'm Telling My Clients

Just similar with buying a house, a savings program should beryllium successful spot earlier anyone starts readying a wedding. Even with cutting corners and reducing costs, spending upwards of $10,000 is not hard.

In astir cases, it’s bully to statesman with a full fund and enactment backward. For those who enactment with a wedding planner, presenting a spending headdress volition springiness that idiosyncratic a blueprint for piecing unneurotic your ceremonial oregon reception. If the full is $20,000 and the imagination venue costs $15,000, you cognize that everything other needs to beryllium recovered via bargain buying oregon the venue has to beryllium reconsidered.

Finding ways to prevention is often the concealed to a palmy wedding. I promote my clients to see the following:

• Search for an affordable venue owned by a household oregon a friend.
• Set speech other wealth for the astir important things to you, specified arsenic catering, wedding attire, oregon photography.
• Check venue prices during the off-season and effort to negociate the outgo if you’re looking astatine a day that’s atypical for weddings. Cheaper months thin to beryllium December and January.

The Bottom Line

If you privation a semi-traditional wedding, you person to program connected spending a small money. As agelong arsenic you prevention and way down each disposable bargain, you tin acceptable a sensible fund and instrumentality to it. The mean outgo of a wedding mightiness beryllium high, but you tin find ways to negociate it financially and inactive person the time you ever dreamed of.