6 Ways to Actually Pay for Your Wedding :: Bewildered Bride
July 12, 2017

6 Ways to Actually Pay for Your Wedding

So how do you actually pay for your wedding? Lots of people can give advice on how to save money on your wedding. For example, having a wedding budget to stick to and doing loads of amazing little DIY tricks yourself. But few will tell you how to actually save the money to pay for your wedding.
Actually Pay for Your Wedding

With the average UK wedding costing more than £15,000, you can forgive people for thinking they’ll never be able to afford to get married. The truth is, you will spend quarter of your budget on the venue and food, so getting the venue at the correct price is vital. Before you start planning you also need to know who is chipping in and how much they will be contributing.
If you’ve not saved any money towards your wedding yet, you have a big job ahead but saving up and paying deposits isn’t impossible. Follow these tips on how to actually pay for your wedding by making a few sacrifices.

  1. Do the Math

    You need to work out exactly how much you can afford. You can set a budget and divide it by the amount of months you have until your wedding. For example you have a £15,000 budget and are getting married in 18 months 15000/18 = saving £833.33 per month. Or you can work out how much you can afford to put away each month and multiply that by how many months it is until your wedding. For example you can put £500 a month away, you have 12 months to you wedding 500 x 12 = a wedding budget of £6,000. Obviously, if anyone is helping you out you need to factor in their contributions too. If the figures don’t add up, look at holding your wedding at a later date so that you can save up or alter your requirements to fit your budget.
    actually pay for your wedding

  2. Cut your Monthly Outgoings 

    Do you really need Sky or Virgin TV? Or could you make do with Freeview for a year? This could save you £50+ a month. Do you have a gym membership that you never use? Cancel it or if you are tied in ask if they will let you take a 6 month holiday and continue your membership at a later date. Do you buy a coffee on the way to work every morning? At £2+ a cup you could save over £500 a year by making it at home instead. Turn the heating down at home, if you’re cold put on a jumper or, even better, snuggle up on the sofa under a blanket together. Anything that you pay out a monthly fee for, ask yourselves if can you do without it for the next year?

  3. Change your Spending Habits 

    Do you shop at Tesco, Morrisons or Sainsbury’s? Why not try shopping at Aldi or Lidle and see how much you could save each week. I know when we switched we saved about £15-£20 per week and that was just for the 2 of us. Do you buy your lunch? Switch to packed lunches and save £10+ per week. Do you like to eat out a lot? Try and cut back on how much you eat out. If you tend to eat out once per week, cut it back to once per month and make it special. Remember, you only need to do this for a year or two while you’re saving for your wedding.
    actually pay for your wedding

  4. Drastic Sacrifices 

    If you need to save a lot of money fast, you may need to look into some drastic sacrifices. If you’re renting your home, you could look at moving in with one of your parents for a year. You could save £6000+ in a year depending on your rent. If you both run cars, do you really need both? Could you use public transport? Depending on your car payments, insurance and running costs you could easily save £2000+ in a year. This is drastic, but it will help you pay for your wedding. 

  5. Be Wise When Using Credit Cards 

    If you’ve not saved anything up yet and you want to start booking things like your venue, you may need to use your credit card. I would only advise you do this if you can get a 0% deal or a very, very low APR over a long period of time. Credit cards can also help to protect you from fraud. It can be better to pay for items using your card as long as you can pay them off in full before any interest is accrued. You’ll also need to make sure that you are not charged a fee when using a credit card to pay for certain things.  It is never a good idea to start off married life in debt; don’t use credit cards to fund a more expensive wedding than you can afford.
    actually pay for your wedding

  6. Be Creative 

    Can you think of other ways to make some money? Do you have any items you could sell on eBay or Gumtree? Do you have a load of clutter and clothes you could sell at a car boot sale? Could you get a part-time job? Could you do any work for any of the wedding vendors you want to book to pay off their fees?

Do you have any other idea’s on how to save or make extra money to pay for your wedding? What sacrifices have you had to make so far? We’d love to hear any tips, advice and quirky things you’ve done to pay for your wedding!

You may also like our post 9 Tips to Save Money on Your Wedding Budget.

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