5 Unexpected Costs You Need To Consider When Planning A Wedding

Proposal, check. Calling your partner fiancé every opportunity you can, check. Looking to social media for wedding theme inspirations, check. Making sure you have the funds cover the costs of your dream wedding… check?

According to Business Insider, the average US wedding cost in 2018 is $33,391. Although that number is staggering at first glance, there are a number of ways to help plan and manage the budget for your big day.

Most costs of a wedding are to be expected, including venue, DJ, reception, and wedding party attire. To accurately set your budget, you have to consider the unexpected costs of saying, “I do.”

Here’s a list of our top 5 unexpected costs of planning your wedding:

1. Videography

Utilizing technology to capture the memorable moments of your wedding has always been commonplace. Now, there’s a number of options that allow you to capture video of the most special moments of the day. Having a wedding video is the best way to relive the experience with your friends and family!

Per Wedding Wire, “The average cost of a wedding videographer in the U.S. is around $1,700 with most couples spending between $1,000 to $2,500.” That amount of money isn’t pocket change that most people have just sitting around, so it’s definitely a cost consideration you need to plan into the wedding budget in advance.

2. Gratuities

Tipping the wedding vendors isn’t a necessity, but it’s an expected part of common etiquette. Potential vendors include: servers, officiants, cake delivery staff, valets, hair stylists, and more. Recommended gratuity prices vary per vendor, but utilizing a cheat sheet will help you budget appropriately.

3. Wedding Insurance

Worst-case scenario would be disaster striking on your wedding day. You have to ask yourself: if we’re faced with a road block, will our budget cover taking an alternate route? Wedding insurance will give you the much needed safety blanket in case you experience unanticipated scenarios such as vendors cancelling last minute, attire damaged the day of, or even health issues that would prevent wedding party members from attending the ceremony. The Knot estimates the cost of wedding insurance can be between $155-$550 depending on coverage.

4. Trials

Wedding must-haves include specialty wine and beer selection (unless it’s a Mennonite wedding), excellent cuisine, and a top-notch makeup artist. Not only will you have to budget for these services, they’ll most likely have trial fees. If you don’t coordinate formal trials with your vendors, you run the risk of receiving services based purely off your explanation. Make sure you find room in your budget for these trials; they are well worth it!

In total, we recommend setting a $200 trial budget for the expected vendors.

5. Specialty Made Undergarments

Possibly the most magical moment throughout the wedding planning process is when you say yes to the dress! The Knot reported that the average cost of wedding dresses across the US is $1,509. Luckily that number includes alterations. What that number doesn’t include is specialty bras, foundation garments, or other shape-wear you may need. Basic research shows that you can spend between $100-$150 on a custom fit bra, so plan accordingly with your budget.

So, what are some solutions for tackling those unexpected costs?

Ask Mom and Dad to foot the bill and be done with it! That would be nice, wouldn’t it? If you and your partner are handling the costs of your wedding on your own, though, there are ways to help alleviate the stress of tackling the bottom line. Below are a handful of strategies to consider:

Limit your guest list as it relates to venue costs.

There’s a clear correlation between number of guests and bottom line costs. Know this prior to making the guest list, and choose a venue accordingly so you’ll fall within your budget.

Take advantage of a 0% introductory APR credit card. 

If you’re in good credit standing, there’s numerous options that allow you to pay off your balance at your own pace, usually between six and fifteen months. You’ll also benefit from earning rewards based on the amount spent.

Open a separate bank account for the wedding budget.

This account is strictly for funds allocated towards your wedding. Having this account will paint a clear picture of what you have available in your budget.

It’s very true that financial planning for a wedding is more than just a little stressful at times. There are many costs to consider, not to mention all those little things you simply didn’t think of. Being aware of some of these unexpected costs before you start saving and shelling out the cash can really help reduce the worries as the big day approaches, though. Hopefully these tips help you better plan ahead so that your wedding day can be full of more bliss and less stress.

Feature Image by Chris Dickens via Unsplash

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