Clark County Credit Union (Las Vegas, NV)

It Costs How Much to Get Married?

Your wedding day is supposed to be one of the happiest days of your life, but should it be one of the most expensive? According to The Knot's 2016 Real Weddings Study, the national average cost of a wedding is a whopping $35,329. Whether you're planning on getting married at city hall with a few friends or want to have a blowout with hundreds of guests, there are ways to cut costs to make your wedding more affordable. Planning is key, so sit down with your partner, make a budget and stick to it.

Keys to Staying Within Budget When Planning a Wedding

Shop Around

Services such as photography, catering and venue can add up quickly. The best way to make sure you're getting a good value is to shop around and compare prices. Ask friends and family who have recently been married for recommendations and pay attention to what's included in the total cost. Tables, chairs, linens and sound systems sometimes cost extra or must be rented from outside sources. Get quotes from multiple vendors for each service and don't be afraid to negotiate. Choose the options you think will best fit your needs and give you the most bang for your buck.

Be Flexible

Even if you've always dreamed of a fairytale wedding, you can still lower costs by being flexible about matters such as:

  • Hired help. Ask a friend to bartend and enlist others to help with making decorations, favors and flower arrangements.
  • Location. Whether you want to have a ceremony in a small chapel with an Elvis impersonator officiating or wish to have an elegant reception with top-notch catering, there are thousands of venues to choose from in varying price ranges in Las Vegas. Getting married in a major metropolitan area such as New York or San Francisco will likely cost more. Destination weddings can come with a hefty price tag as well although not always, as they can be dually purposeful when paired with your honeymoon
  • Number of guests. Consider inviting only close friends and family. Cutting your guest list by 10% – 20% can help you save a decent amount on food and drink.
  • Season. Some ceremony sites, reception halls and photographers may lower rates during off-season months, such as January and February.
  • Day of the week. You may be able to save money by scheduling your big day on a Sunday or weekday as long as it doesn't fall on a major holiday.

Consider Extra Costs

Even with careful planning, unexpected expenses are bound to arise. Allow for a 10 percent buffer in your budget to cover extras such as delivery fees, taxes and gratuities.

Don't Overspend to Please Others

Align your spending with your income and financial goals. Remember, this is your special day and you are in control of the type of wedding you want to have and how much you spend. Don't cave to pressure from relatives, friends or societal expectations.

For more information on how to spend wisely and reach your financial goals, contact Clark County Credit Union today at 702-228-2228!

 

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