Wedding budget breakdown-How to allocate your wedding budget

Table of Contents

Setting a budget for your wedding can be challenging, especially given how expensive weddings are. When it comes to organizing your big day, it’s one of the tasks that can’t be skipped.

If you’ve never organized an event of comparable size before, the financial aspect might be a completely new world of terminology and rules.

Making your wedding budget can actually be downright simple, especially with the help of our comprehensive wedding budget breakdown. We have firsthand knowledge of what a typical wedding budget looks like for real couples just like you, unlike other financial management tools out there.

Meet an expert

With more than 10 years of experience in wedding planning, DNX Wedding created a wedding cost breakdown that’s based on actual data – and we’re revealing it right here.

To widen your knowledge regarding how to choose the best wedding planner. Here are some tips on how to choose your planner in Danang and the Wedding planner in Danang you should consider.

You can use the sample wedding budget breakdown with percentages shown below to help you decide how to divide the available funds. The percentages were taken directly from our insights. We also include five common mistakes to avoid and crucial factors when creating your budget.

Wedding budget rundown

When calculating costs and making financial preparations, keep in mind that you’ll need to set aside money for your ceremony, reception, clothing, flowers, music and entertainment, videography and photography, stationery, wedding rings, parking and transportation, gifts, and other expenses.

To allay any financial concerns you might have, it might be a good idea to set up a “just in case” fund as well.

1. Flower decoration

Bouquet and Boutonniere

intimate wedding - month-of wedding coordinator

Reception table

  • Wedding signs
  • Guestbook
  • Decoration stuff
Reception table

Wedding ceremony

  • Wedding arch
  • Aisle runner 
  • Aisle markers
  • Timber chairs
inspired weddings and events
perfect wedding guide

2. Food and Beverage

The number of guests you invite to your wedding will, as you might anticipate, have a 100% bearing on the total cost of your food. Making some rough choices on the size of your guest list as early in your planning as feasible is advised because it will have a significant impact on how much you will spend overall on your wedding.

Cocktail reception (150 guests)

Cocktail Reception

Dinner reception (150 guests)

Dinner Reception
Dinner Reception
Dinner Reception
wedding-consultation

Venue reception

A wedding reception venue plays a major role on the big day. It is a space where guests can drink, dance, dine, and mingle.

The venue for your wedding is unquestionably the most crucial aspect of your planning, so it should come as no surprise that it’s one of the most expensive! Choosing your wedding venue is the first step in the planning process because it has an impact on every detail of your special day.

Wedding Budget
Wedding Budget

3. Photography & videography

Photography

  • Pre-photography
  • Wedding photojournalism
Wedding Budget

Your wedding will live on in your memories forever. Thus, one of your most important choices must be the wedding photographer. After all, you’ll be viewing their pictures for a very long time!

If you are not sure how to start? We’ve pulled together some expert tips on choosing your wedding photographer.

The photographer, the service you want, and the package you select will all affect how much you pay. If you want to cut costs, ordering a digital album instead of a hard copy can save you some serious cash.

Videography

Nothing will bring back your favorite wedding memories like a short film. If your wedding budget planning allows, we recommend setting aside about 4,4% for a videographer.

Every second of your wedding day can be captured by a wedding videographer. Some videographers cost more than others. If having a stunning video is important to you, consider reducing some of your other suppliers to make room in your budget

Visit our works to view more.

4. AV system & Entertainment

Deciding on your wedding entertainment is no easy decision. There are three things you need to think about carefully and clearly. 

  • What do you and your partner want?
  • What will your guests enjoy? 
  • What will fit in with the style of your wedding? 
Our wedding budget breakdown provides you with some important AV system and entertainment aspects. In this planning process, you should use 0,7%,1,5%, and 3,3% of your budget on lighting decor, audio & visual, and reception band, respectively.
Wedding Budget Breakdown

Lighting decor

In addition to flowers, lighting and decoration have a big impact on how your wedding will look. This includes signs, table displays, non-floral centerpieces, and other decorative components, ranging from candles to stunning lighting installations. 

your-wedding-planner
Lighting Decor

We create a magical atmosphere with beautiful wedding lighting.

Audio & Visual 1,5%

No matter the size of your wedding, you can feel confident when you’re in highly capable hands.

We are here to supply and operate all AV equipment. On your special day, you’ll get top-notch wedding staging, audio and lighting services, and skilled AV assistance. We’ll also make sure that all of your special moments are recorded and shared using cleverly positioned high-quality screens and crystal-clear audio equipment, depending on the location, style, and number of guests at your wedding.

Wedding Budget Advice

5. Bridal makeup

2,2% of your wedding budget allocated for bride makeup, bridesmaids makeup and 2 moms makeup.

Bride Makeup

6. Dedicated wedding planner

When it comes to your special day, a wedding planner can make a significant difference. Since a great professional is handling every aspect of your celebration, you can relax knowing that everything will go off without a hitch. To pay for a wedding planner, save 4,4% of your overall budget.

What to consider when building your wedding budget

When you have an overview of all your wedding budget running, it’s crucial to familiarize yourself with the top things to keep in mind when allocating your funds.

Here are three key factors to consider when determining how to allocate your wedding budget.

What you can afford

One of the crucial decisions on your wedding day is to think about the ability to pay for every wedding checklist. You need to calculate and estimate the total cost of your wedding. 

Sit down with your partner, as well as anyone else who might be financially contributing to your wedding, and have an honest conversation about what you have to spend, and how you should prioritize the investments.

The guest list size

Changing the guest list size is the surest way to increase or decrease your costs. Plus, with a smaller wedding, you’ll save more on other details, including decor, stationery, favors, and rentals, because you won’t need as much of everything.

The wedding style

Generally speaking, the more formal the affair, the more expensive. This is because you might find yourself matching the site, food, and musical entertainment to the overall upscale tone. 

A full six-course meal will typically cost more than a cocktail party, a 12-piece band will cost more than a DJ or quartet, and extravagant decor like lighting, specialty linens, and dramatic floral arrangements will also add to the cost.

common mistakes to avoid

Not keep track of your expenditure budget

It’s crucial to track your spending if you want to manage and fix your wedding budget. Just be sure to keep track of every payment, as a neat organization is essential to maintain the organization of your wedding expense breakdown.

Forgetting to budget for hidden costs & extras

Knowing every expense upfront will ensure that your wedding budget can cater to them all. Although it’s practically impossible to plan ahead for every single unexpected expense, having some extra money set aside will benefit you in the long run.

To avoid unpleasant surprises, we advise researching potential hidden costs that might accumulate over time.

Not discussing priorities from the start

Be upfront and honest about what matters most to everyone. Decide on your top three priorities and set down some extra cash for them (such as your attire, catering, and band). Then, allocate money for the three items that are least important to you.

Not being tough on the guest list

It can be challenging, but one of the fastest and most effective ways to lower your wedding cost is to pare down the invitees.

Not being realistic

Some of the monetary components of a wedding can be oversimplified. You must be realistic about the average cost of each element if you want to stay within your wedding budget. When you are aware of this, allocating money from your budget is simpler.

When it comes to wedding budget planning, there is a lot to remember, but it doesn’t have to be stressful. If you adhere to the advice we’ve given above, staying within your budget will be easier for you.

dnx wedding

Established in 2012, DNX Wedding is a subsidiary of DNX specializing in wedding planning and coordination to provide, supervise and manage all the details of a comprehensive wedding plan.

  • Wedding planning: Our team will help you plan and organize your biggest event from A to Z
  • Wedding decoration: We consult the ideas and concepts that match your unique personality, and story and transform them into reality by supervising the on-site decoration activities.
  • Wedding photography/videography: Capturing the unforgettable moments of your once-in-a-lifetime event is indispensable with the professionalism of our Photo/Filming Crew.

DNX team is always ready to support and advise you when it comes to wedding services. Please contact DNX Wedding according to the information below if your business is in need of advice.

Websitehttps://wedding.dnx.vn/
Headquarter: 04 Bau Tram 3, Khue Trung Ward, Cam Le District, Danang
HCMC Branch: 220/1 Xo Viet Nghe Tinh, Ward 21, Binh Thanh District, Danang
Hotline: 0783.788.789
Email: hi@dnx.vn
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