|Keeping good financial records
When planning a wedding, it is important to keep good financial records in order to ensure that you stay within your budget. These records should include all vendor's name, phone numbers, addresses, the total amounts due, the deposits paid, and the remaining balances.
|Money saving tips
If you are on a tight budget, there are ways you can reduce costs. When ordering invitations, one of the best ways to cut back is to shop around. Some people sell invitations out of their homes at a ten to twenty percent discount.
When a couple gets married, a number of financial documents may need to be revised. Insurance policies are one such category of papers. First, there's the matter of health insurance.
|Paying for the wedding
With the average couple getting married at a later age, they're more often in a financial position to help with wedding expenses. Sometimes, in the case of a second wedding, the couple may pay for the whole wedding themselves.
|Renting vs. buying
As newlyweds, it would be great to move right into your dream home. But for many couples, this isn't possible, or even a good idea. While long-term, it's always better to buy than rent, you'll need to consider your immediate situation.
|The newlywed budget
After going through a wedding, reception, and honeymoon, chances are, you'll spend some serious bucks, even if you economize along the way. So it's a good idea to set up a budget for your new household.
|Who pays for what?
Traditionally, the bride's family paid for the entire wedding cost, but today there are many different options. A few include letting the bride and groom pay for the entire wedding themselves, or splitting the expenses equally between both families and the couple.