Charleston Wedding Planner – Top 10 Budgeting issues to watch out for!
- Underestimating the pricing of weddings. Most of the weddings you see in magazines and on television with large centerpieces, fancy linens, up-lighting, draping tenting, etc. are at least $40,000. It can be difficult to obtain quotes from vendors but there is a lot of information on the internet about how much various wedding items and vendors cost.
Charleston wedding planner Tanis J Events reception set up with specialty linens and large floral centerpieces in one of Charleston’s top wedding venues
2. Referring to the lump sum of money you want to spend on your wedding as the budget. A budget needs a break down for each vendor, venue, dress, gifts etc. in order to work properly. The more details the easier it is to stay on track with or without a Charleston wedding planner.
3. Starting shopping before the budget is completed – The two areas brides tend to go over are the venue and the dress. Both of these are “Big ticket items” and once you over spend in these areas it’s very difficult to find ways to reduce the amount spent in other areas. No bride wants to spend the duration of their planning hearing “No you can’t have that because it’s too expensive” over and over again.
4. Related to number 2 is not adjusting the budget once you go over. If you know you have overspent in category you had to decide then and there where that money is going to come from.
5. Not reviewing the budget every once in a while. If you don’t go back and review the figures you will go over budget. As a Charleston wedding planner, I have yet to meet a bride you picked her venues, vendors and dress and just happened to come in under budget, but I have met many who have gone over.
6. Being unaware of hidden fees. Catering in particular has a lot of fees above and beyond the per person price. These include taxes, service charges and gratuities and potential can include cake cutting, chef attended stations, servers & staffing and toasting.
Charleston wedding planner advises looking for hidden catering fees such as Chef attended stations
7. Not realizing that that while some venues such as hotels include tables, chairs, linens, cutlery, barware and dishes along with their catering, other venues include just the space and nothing else. All rentals have to brought in and this can add significantly to the cost. Hotels and resorts also tend to require you use their catering, but this also includes staff to set up those tables and chairs. The true costs need to be considered when comparing venues.
8. Not leaving a little bit of money in the budget for emergencies.
9. Not taking into account when the deposits and final payments are due. While most couples calculate how much money they will have in total to spend many don’t realize that all the vendors and venues require a percentage down, typically 25 – 50% upon signing and the remainder of the fees 2 weeks to 2 months in advance of the wedding. This can mean that some months everyone wants to get paid.
10. Not hiring a Charleston wedding planner! A professional wedding planner can help you by establishing a realistic budget, help you prioritize as you make your selections and help you save money. We have dedicated an entire blog post to how we save you money.
Contact us today if you are looking for a Charleston wedding planner