After the declaration of the COVID-19 pandemic in 2020, the wedding celebration was almost interrupted, with 47% of the couples deciding on a wedding date between March and December 2020. We postponed the wedding reception. This trend continued this year.
In March, a couple from New York City, Lindsay Holmes and Sean Brech, postponed their wedding date from August 2021 to May 2022: “There was so much unknown at the time.” Brechi says, “I wanted to postpone until 2022 to achieve the best wedding I had originally envisioned.”
Congratulations are rising again as the proportion of Americans vaccinated now increases and restrictions are relaxed.If you are moving forward or changing Wedding planningHere’s how to prepare your budget:
Connect to venues and venues whenever possible
Lauren Kay, editor-in-chief of The Knot, says that the large number of couples who have postponed their weddings has created a “reservoir demand” for venues and vendors. It limits availability and, in some cases, leads to higher prices for businesses.
If you don’t have the place and service you need, get started now. The longer you wait, the less flexible you may be in choosing the dates and vendors you want.
Amanda Berg, Senior Growth Marketing Manager at Zola, a wedding planning and registry website, and her fiancé Jesse Krieger emphasize the importance of early contact with vendors. The couple, who are planning to get married in Bedminster, NJ next spring, found the search competitiveness when they started looking for a photographer. “Some of them were already booked in May 2022 and had this plan from October to November 2020,” says Krieger. “Fortunately, we got everyone with hope.
Couples who already have a contract should ask about fees, restrictions, and schedule conflicts before changing plans. Switching to a larger venue can result in loss of deposit or fees for renting additional chairs. There is sex.
“Each vendor’s contract requires different dates, plans, and guest numbers, so it’s very important to understand what the contract says,” says Kay.
Prioritize and reduce spending
According to Kay, the couple are optimistic that they will meet in person to increase the number of guests and feel like the wedding they had imagined before the pandemic. But as the guest list grows, so does the cost.
“This affects not only the cost of catering, but also the number of chairs, centerpieces and tables,” says Melanie Tindel, owner and event planner of the Oak + Honey Event Planning Company. In Cleveland.
These increasing costs do not cover all budgets. If you want to have a bigger celebration, you may have to make some trade-offs, says Kay. Focus your spending on the factors that are most important to you and reduce the others.
Berg and Krieger are allocating more budget to bands and open bars, and for more details they say, “OK, don’t make or break parties,” like invitations and flower arrangements. Doesn’t talk much.
The pandemic is not behind us. Venue and couples may require guest masks, ample space to maintain social distance, and other precautions to ensure the health and safety of attendees. This often comes at an additional cost.
“If you need to track who is vaccinated and who isn’t vaccinated, it can be costly because additional vendors have to handle it,” Tindell said. say.
Keep local guidance up-to-date and set expectations for venues, vendors and guests.
Plans are subject to change unexpectedly. Consider considering wedding insurance in case you need to cancel or postpone the event. Wedding insurance usually does not cover coronavirus-related reasons, Tinder said, but can still cover interruptions due to circumstances such as bad weather or injury. The same is true for travel insurance for honeymooners. Before you buy insurance, make sure you understand the coverage.
It’s easy to lose track of when and what you’re paying for, especially if you change dates or vendors. Make a note of the due date to avoid late fees from vendors and credit card issuers.
Engaged Holmes and Brech also recommend that you keep a list of expenses. “We’ve created a budget document to keep track of all the little things you might need, so you won’t be surprised when you actually have to pay for something.” Holmes says.
Having a purchase plan can help you estimate your wedding costs and adjust your budget as needed.
This article was provided to The Associated Press from the personal finance website NerdWallet. Lauren Schwahn is a writer for NerdWallet. Email: email@example.com. Twitter: @lauren— Schwan.
NerdWallet: The average wedding cost is: http://bit.ly/NerdWallet-wedding-cost
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