Budgets

eroxgirl Posted: Feb 11, 2003 12:45 PM

Budgets

I'm writing a speech for school and the bridal industry is what I'm talking about, (I've been writing this for weeks! ) so with that in mind, how many of you did/expect to go over budget, and by how much? I'm not interested in your exact budget (that's your business). And if anyone went under budget (HA!) I'd love to know the secret!

Any info will help! Thanks!

hotelcalie Posted: Feb 11, 2003 12:47 PM

Re: Budgets

We went over..best guess as of now (without final headcounts, etc..) I would say about $6K over.

MarcellaBella Posted: Feb 11, 2003 12:52 PM

Re: Budgets

We TOTALLY went overbudget.. first off with the venue, then the church, my dress (luckily momma dukes is paying for that ;)) uhm, what else.. oh yeah, favors, hmm oh yeah, my wedding ring..... and all the little extras.. =/ I would say that we went over about 10K if not more easily.. I wont't know the exact amount (and I'm sure it's ALOT more, but I'll keep 10k down because it makes me feel better ) until the wedding is over..

nylisa Posted: Feb 11, 2003 12:54 PM

Re: Budgets

It looks like we will be at budget.

eroxgirl Posted: Feb 11, 2003 12:54 PM

Re: Budgets

LOL, Marcella!!

I've only booked my florist, photographer and hall and I know I'm over budget!! How sad!

My guestimate is that people are on average $10k over...so don't feel so bad!

DrmnBlnd Posted: Feb 11, 2003 12:58 PM

Re: Budgets

I think we will be about 5K over.....

Niecey Posted: Feb 11, 2003 12:58 PM

Re: Budgets

We pretty much went under budget. I had a good book that gave me a pretty accurate calc for a NY wedding but it was dependent on how much you start with and I think we were generous with our starting number.

Things that helped us keep our budget: # of guests (we invited 277 but 175 came!), got a great price on our hall (but we also took a big risk), mom paid for my gown (which we didn't plan on) and we are both anal when it comes to finances. The discounts/savings we found we were able to get extras and put towards the honeymoon.

OctBride03 Posted: Feb 11, 2003 12:59 PM

Re: Budgets

I started off with a budget, then I added to it, then I added to it again... I think once everything is done, I should be good, maybe 1 or 2k over....

alina Posted: Feb 11, 2003 01:03 PM

Re: Budgets

prior to realizing costs of the band and photographers, our budget was x. We then incorporated the realistic costs of those two items, and came up with y, which was 50% more than x.

We expect to stay within y budget.

zac1228 Posted: Feb 11, 2003 01:03 PM

Re: Budgets

I think we are right on target - maybe $500 to $1k over. I went way over on somethings, and trimmed it back in other places.

Sage10.03 Posted: Feb 11, 2003 01:05 PM

Re: Budgets

I think I am over by about 7K

WithThisRing Posted: Feb 11, 2003 01:06 PM

Re: Budgets

Budget wise I think we are doing ok. I think if we go over it wont be much. Maybe 2 or 3K over.

StayandJohn Posted: Feb 11, 2003 01:12 PM

Re: Budgets

We are about $4500 over budget

jennyg Posted: Feb 11, 2003 01:13 PM

Re: Budgets

Once I realized how much the reception was going to cost, we were over by 10K. But I think we'll be able to maintain the second figure! Fingers crossed...

KarenK122 Posted: Feb 11, 2003 01:14 PM

Re: Budgets

We were exactly on budget until my mom added 25 people to the guest list...oy. So that is the only thing we went over. About $3000.

ChristineC68 Posted: Feb 11, 2003 01:15 PM

Re: Budgets

Not knowing what ONE thing cost before we started planning, I'd say all in all we went over budget for just the wedding (not counting rings or HM) by $5,000-6,000.

Ronnie&Theresa Posted: Feb 11, 2003 01:23 PM

Re: Budgets

We didn't make a budget for the wedding bc who am I to know how much something should cost! This isn't my business!

I just know how much I have to save every month..

It stinks....

Mom and Dad are going to do the house DP bc we are doing the wedding............

cw0904 Posted: Feb 11, 2003 01:32 PM

Re: Budgets

ummm over budget by about $5K and I think it goes up every month

michele31 Posted: Feb 11, 2003 01:33 PM

Re: Budgets

We stayed pretty much on target for each item, and when I did go over a lot on one catagory, I took away from another.

ddunne23 Posted: Feb 11, 2003 01:37 PM

Re: Budgets

We pretty much stayed right at our budget and did the same as Michele. At first i didn't plan on getting a video (which we wound up getting and it is the best decision ever made!), but the money I saved negotiated with the photographer, hall, etc paid for the video. Doing things like that will keep you on budget and allow you to still have what you want.