4. Stonewall Your Caterer
Your caterer is a salesperson. Her goal is to put as much distance between you and your money as possible. Play hardball. Just because other people spend big bucks on food nobody is going to eat doesn’t mean you have to.
Your caterer will try to shame you into spending as much money as possible. Don’t fall for it. You don’t have to do anything just because “that’s how it’s done.” Think about every dollar you spend and make sure it’s meaningful.Simplify your hors d’oeuvres (or drop them completely) and main course. Drop the soup. Use the wedding cake for it’s intended purpose – dessert. You don’t need more than that.
5. Let Them Eat (Less) Cake: $1,750
If you don’t go for the idea of using the cake as the dessert, get a small cake. Since nobody is going to eat it anyway, you might as well save the money. Don’t worry about the guests complaining. They won’t.
You can serve the guests “wedding cake” from a sheet cake in the back. That way you have a beautiful (small) cake for the ceremony and you’ll still have plenty of cake to go around. The caterer I spoke with told me that the average cost of a plated dessert is $15 a head. If instead you get a cake for $500, that’s another $1750 that stays in your purse.
6. Close The Bar: $2,200
Remember, you’re not staging the Mardi Gras. And you don’t need to liquor everyone up. You can offer just beer or wine. Or if you serve more, you can offer a choice between two cocktails on top of the beer and wine. These two moves will significantly save you serious cash.
My caterer pal told me this is where serious dollars are saved. Most places will charge you $20 a head at least for alcohol. Find a venue that will allow you to bring in your own booze and it will cost you a ton less. I just had a party for 150 people and used this little maneuver. I spent a total of $800 on beer, wine, cola, water and hard alcohol. Nobody went home thirsty and I saved $2200. I’ll drink to that!
7. Allergic To Flowers: $9,000
Choose flowers carefully. If you get married in a garden setting (preferably on an afternoon) you might be able to forgo the entire need for flowers. You can also select less-expensive flowers. Use a colorful theme to cut down the need to use flowers to add color.
You could spend $50,000 on flowers alone but please don’t. The average is about $10,000 and unless you absolutely demand it, cut it down to less than $1,000 for some well placed roses. Savings – $9,000 at least.
8. The Wedding Dress: Savings $4,500
Wedding dresses can empty your wallet – unless you are clever. Buy clothes that have been tried on before. You can snatch these up at huge discounts. Bridal gowns are often on sale in late spring and early winter.
You can also save a bundle by renting clothes and shoes instead of buying. A wedding dress could easily run $5,000. That’s plain crazy. You’ll have no problem renting one for under $500. This will save you $4,500.
The total comes to a cool $28,150 savings. This assumes you’re spending $100 a plate and inviting 150 guests. This is not extravagant in Los Angeles (where I live) but it might be in other parts of the country. But that’s not the main point.
There is no one step that will save you the big bucks. But as you see, little steps add up to huge bucks that stay in your bank account. If you are paying for your own wedding (and especially if you are still struggling with college or credit card debt) does it really make sense to have a large wedding at all?
How did you save money on your wedding? What would you do differently?
Neal Frankle is a certified financial planner in Los Angeles and the founder of the blog Wealth Pilgrim.com. This post originated on Wealth Pilgrim.