Suze Orman TwitterSuze Orman FacebookSuze Orman YouTubeSuze Orman LinkedIn
View Blog & News List

4 Ways to Save on a Wedding

May 19, 2016 at 12:00 AM

I am on the record that only couples in great financial shape should spend money on an expensive/large wedding. But for those of you who are just going to plow ahead despite shaky finances, please at least make the most of my money-saving wedding tips.

  1. Scale back your budget by 30%. Reduce the budget size you have in mind by 30%. That’s to cover over-runs. Trust me…or just ask your friends who have already been through this. It is amazing how many “incidental” expenses will crop up along the way. By giving yourself some great breathing room, you can more easily absorb the extra costs without blowing your budget.
     
  2. Rent the dress. Or Buy Second-Hand. I am prepared to be called unromantic on this. But if you are honest, spending hundreds, if not thousands of dollars on a dress you will wear just once, is not exactly a smart financial move.
     
  3. Skip the professional photographer. Make it clear to everyone who is attending that you want them to help you create the ultimate photo album: have everyone take photos on their phones and send you the photos. (And assign one or two people with a great eye to handle the ceremony photos.) Or if you have a friend who is an amateur photographer, ask if he or she would be up for bringing along their camera(s) and spending an hour before the wedding to take some family shots, and then photograph the ceremony as well. That’s an amazing gift that I think many friends would love to give. (And they still get to enjoy the party as a guest---that’s when you rely on everyone to take phone photos.) Another option: check your local community college or adult school for recommendations of students/amateur photographers. Check their portfolios, of course, but if you like what you see, they will likely be far less expensive than a full-blown wedding photographer. And just for fun, put disposable cameras on every table. Who knows what you’ll end up with!
     
  4. Focus on the celebration. A buffet will be less expensive than a sit-down dinner. A DJ will be less expensive than a 5-piece band. A few selected beers and wines with some champagne to toast will be less expensive than a full bar. And yet all three economical approaches will not reduce the magic of the day one iota. You and your guests are what will create the memories.

Tag Cloud

avoid burn outfinancial fearsadd teenpercentage of women widowed 75-84Money MarketPay Off Debt Before Retirementterm life insurancefraudulent returnChanging Livespaying for collegekids schedule paymentslow mileage discountinsurance yearly reviewfederal student loan deferment HDHP'sSave Us Moneybuy home you can affordmortgage brokerinterest on student loans15-year refinance dealaccelerate dental workmonthly dental insurance premiumsave moneyCNBCplanHigh Credit Scoreis it necessarycontribution AARPdon't ignore open enrollmentSwap Older Annuities or Life Insurance burn outprotect loved ones ETF'scan you afford itzero rate transfer dealsallowance taskiffy incomemortgage disclosureno retirement funds for down paymentunder 18 financial giftSandy Hook Elementary Schoolpay interest while in schoolaffordable premiumraise deductiblestake actioncomparison shoppingnot gender specific healthy aging shop online guaranteed level term policyprotect dependent workaholic3% debt transferred loan is giftFederal Funds Rate401KStudent Debtenjoy saving save Young Adult Student Debt Crisiscollege student8 month emergency fundmortgageRetirement SavingsLong Term Care shoppingswitch to roth 401(k)8 month safety netgift grandchild IRA contributionmoney-aware childbetter loan ratesOne Wallet At A Timedo you need life insuranceBill and PennyTeachadvice for college graduates19 years cash flow problemreduce monthly paymentloan big picture don't derail retirement savingsprotect and provide for minor child insurance mistakesidelinedhigh down paymentget credit cardcredit managementEmergency Savingsonly refinance if it paysmoney vowshome insurancestudent loan repaymentdeath benefit needs for familyinitial tax break peace of mindpowerfulLifestyledebt freecostly legal CD'salternative FICO scoredon't extend mortgage credit reportHoliday SeasonallowanceFiscal ResponsibilityARMpublic service loan forgiveness programbudgetemergency fund high credit score discountmortgage interest tax deductionconfident of solutiondangerous retirement planlow-cost index mutual fundInterestincrease emergency savingscredit cardSelfishHDHP's are not badchildren's bookdo not pay allowance for good behaviorincrease retirement savingsdream schoolmarriage financial responsibilityJose RodriguezVital Documentsnon conventional routehousing marketfinancing car Fixed Rate MortgageMass Mutualswitch to spouse coverageno tax on withdrawlsPost-DivorceSuze Orman ScholarshipFree Debt EliminatorHDHP/HSAspecial saving accountCredit Card Rate Increasepositive15 year mortgage10% donate to charitystudentpresident Obamacut monthly cellular billworst financial mistakeSuze is my biggest mentortax refund fraudno negativity2015 financial roadmapdon't cover cosmetic dentistryInfluential Celebrityrepay student loansRevocable Living Trustget health insurancecnbc alarm clockpay off debtstaycationPrime Rate Rise 2015financial goal phraseunexpected expenseDurable Power of Attorney for Health Carekeep a schedulePersonal Financenegotiate points with bank or selleris it necessary?push yourself to save more for retirementThe Suze Orman ShowLTClow credit scorepay credit debt ASAPpurely financial standpointresponsibleHDHP Spending20% down paymentRevocable Trustthree year car loanCOLAMortgage Credit Availability Index2015 record year car salesGiftsreduce interest rateno apologybest loan deal refundbill paying prioritiesaffordabilitymaintain standard of livingmake saving a pleasurelower premiumspeak new goalemergency fund savingspublic service career student loan repayment required disclosurelousy investmentdon't defer interest paymentslong term goallife insurancecommunity collegepaid in fullmarriage inequalityphysical healthFICO at least 720Financial Solutions For Youemployer offered life insuranceFinancial Power of Attorneylive below your meansCory BookerFICO credit score credit card mortgage40% toward financial goalbuying car 2016write new goalstrained relationshipterm insuranceadult childrenoverspend on nights outpay 100% cashclosing costs 2% of loanmax benefit coveredbreakdown projected monthly housing costescrowEric Dodge teach your child good money habitsinsuranceFRACommencementMost Influential Celebrities List20% down payment avoid feesFederal Stafford loanapproved medical 100% tax-freebetter loan dealsMarlo Thomasreal estate mistakesfile asapdon't do five year car loanexercise reguarlyhome buying mistakes2016 adjust estimated taxderailed planorigination feesStock Investmentsunsubsidized Stafford loanTelepicturescredit unionCiti Simplicity Card calculate dependents annual income needsnot enough life insurancetelevision hostInfluentialseliminate credit card debtyours, mine & oursco-sign graduationmultiple lendersknow before you oweshorter payback periodhome loan credit score below 740 long-term care premiumsFHA loan feestoo expensive school3 savings buckets death benefit 20 to 25 times annual incomestandard deduction 20 year level term CPI-WLegal Guardiancouple financesAccuQuote.comwomen live longersocial workidentity theftcommunity banktitle insuranceLong Term Care Insurance best interest ratesinterest capitalizationFinancial CliffHoliday Shoppingincrease retirement contribution rateLTCi ASAPovercome financial fearsHigh FICO Score = Better RateMinor Children Financial Advicedon't use allowance as bribeemployer funding HSAlet them have 50% controlbuy homedon't blow tax refundBankruptcyclosing feeshome buying seasonCombo Insurance Productsget the most out of social security loan no longer than 36monthsNew american Dream valentines daymax employer matched 401(k) contributionBeauty!00% tuition paidno fee transferhealthy teeth30 year mortgage permanent life insuranceretirement plancharges on credit cardFinancial Awareness Video Festivalitemized deductionsocial security not going brokeAARP Social security calculatorfinancial independencecredit utilization ratehealthy retirement blood pressureschool high FICO scorestay positivebalance transfer Suze Orman spouse Kathy Travisearn allowanceshort term goal Exhibitionstudent loan repayment planspring summer Willrising home pricesage appropriate chorehealthy youdon't charge a pennyjuggle multiple financial goals6 month waiting periodForbesvalue moneyIRA contribution gifted moneyautomatic paymentsame sex marriage band end Floridaadjust allocations savings pleasureMoneycostly insurance mistakehealthy retirement weightPhyllis Shelton expert long-term careEmployer Matched ContributionForbes Top 10pay high rate off firstjanuary bills20% equityhome related tax break bonus higher monthly paymentverify wellness screening and programs2017 Taxesbecome member lowest cost fund optionhome buying budgetritual scheduleNew York Lifeconsider roth 401(k)Prime Rate Increaseno private loansis it true? universal college accessraise your deductibleoverspend on dining outWarner Bros Television GroupStudent LoanInvest for savings growthcost of capitalization calculatorgrandparent IRA contribution same-sex marriageAdequate Auto and Home Insuranceno life insurance financially irresponsibleborrowing plan small changes Veterinary SchoolForeclosurelower interest rateAmy Lacyetno late fee depreciating asset Lovebetter termsdon't spend meet monthly Suze Orman's Money WarsCredit scorerequire chore in exchange for allowanceraising interest ratesGoodbyeHow To Build Credit8 Rulesclosing disclosurepaid vacationgay marriage ban end Florida Auto Savings preexisting condition not coveredUniversity of IllinoisAshley SpringerLTC shoppingFICO Scoreraising mortgage rates verify retirement plan with HR or plan sponsoronly offered while employed Urbana-Champaignpay more than minimumSandy Hook PromiseMoney-Savingretirement accountscommitstandard ratekid borrow firstsecured cardnew carSuze Ormanstudent loan repayment estimatorgift up to 14,000debtno private loansuccesscompare provider pricingbig results higher insurance deductibleheartacheARM Cautionhealthy gumscreate new truthpay down car loanignore 6 month grace period Financial Gift Cliffdental discount planhome ownershipGiftis it kind?financial concernHolidayEasy Life Insurance lower overall drug costfinancial aidreduce withholdinglower rateHSA tax savingsRoth 401(k)summer job match income bad decisionswives should be involved in retirementgrandchild summer job IRA contributionno splurge Financialdoctors in network401(k) Contributionsdental insurance property taxwomen longer life spanno waiting periodloan necessityfull retirement agereal estate marketcar loansocial securitywaive home inspection bidGracecar buying mistakesgift not loanannual cost of living adjustmenttax ID theftreplace permanent life insurance with termwould you decline a bonusbuy down bad retirement planningFinancial Systemface your financial feardental savings planStaffords this year have a fixed 6.8% interest ratehigh premiumsHDHP's are good for yousetup automatic savings withdrawsocial security never insolventraise insurance deductiblechildren under 18Federal PLUS loanRetirement Incomeget over life insurance phobiaSatisfyingcut monthly cable billCivil Rightslong term careteensat worst still pay 75% benefitrent vs buyMust Have Documentshigh deductible health care planback door Roth IRAlearn good financial choicesfocus on needsBankprotect your familyInflation Benefithome budget after tax costultimate compounding giftmonthly benefit holiday spendingCredit Card Interest Ratetraditional vs roth 401(k)Motheremotional stakesmax employee matchidentity fraudreferrals 3 step financial road mapSuze changed my lifestudent loan debtincreased auto insurance premiumFederal Reservecontribute household expenses savingsschedule vacationteens and moneyloved ones dependent on incometeach importance of helping othersHeartGay Rightsback-to-school budgetpercentage men widowed 75-84women outlive menGay Coupleswomen long term carepremiumretain separate credit cardsFinancial Educatortaxesno interestOverspendingprovider of financial supportWashingtonbe kind to yourselfSchool of Social Workbe true to yourself4 Must Have Documents always use all paid time offfile taxes quicklyFinancial Awareness740 credit scoreBaby Boomersmental healthSelectQuote.comdoctor no longer in networkautomate student loan paymentsNewtownresponsible with moneylow down paymentstretch out haircut appointmentsrolloverbuying a carpoint cost offset by savingsage appropriate goalsrefinance3 bucket approachmobile appWall Streetcollege graduateUS Tax Codenear historic lowsprescription tierretirment savingsfocus on new truth life insurance name trust as beneficiary2016 adjust withholdingeight month living expense Death Benefitoverspend on giftsbe good exampleearn more on savings50 over 50Conventional loan PMIroth iralong-term care one credit cardcompare monthly expensesdon't buy wantsPBS Specialfour steps to retirement savings store credit cardsFinal Goodbyehighest possible benefitincentives for health care wellness screeningone annual feeno sneaking in feesretirementSuze approvedmanage student loansfamily save at least $100 monthlyCommunication Skills Fundsleave a legacylower mortgage interestconfidentUniversity of Floridaopen enrollment review 10 year repayment plan pay down student loan debtdangerous money seasonRichCollege of Veterinary MedicineAlarm Clockborrow each year, capitalization is going to pile up financial argumentsAmericans don't use all paid vacation timedear suzeletter to suzedebit cardLong Term Care premiumssecure creditcar leasingquick closing20 to 25 times annual incomeautomatic withdraw to savings anticipated salary


View Blog & News List
People First. Then Money. Then Things.
Connect with me on Facebook Connect with me on YouTube Connect with me on Twitter
© 2017 Suze Orman Media Inc. All rights reserved.
 
 |  Search  |  Sitemap  |  Privacy  |  Terms
Sign Up For E-mail Offers
Open Panel
Close Panel