Weddings are a celebration of love, but they can also come with a hefty price tag. In 2024, the average wedding in the U.S. cost around $33,000, according to Zola. Add a honeymoon, and that number can climb even higher. While it's tempting to go all out, it's worth considering that $33,000 could also go toward a home down payment, an emergency fund, or a retirement savings boost.

The good news? You don't have to spend a fortune on a beautiful, memorable day. Creating a budget and planning carefully allows you to celebrate your wedding without unnecessary stress or debt.

Start with a Wedding Budget

Begin by listing all the potential costs for your big day—think venue, food, drinks, decorations, music, and entertainment.

• Guest Count Matters: The number of guests will directly impact your costs. Smaller weddings typically mean a smaller venue, fewer meals, and lower expenses. Larger weddings, on the other hand, require a bigger budget.
• Set a Limit: Once you've researched costs, decide on a realistic spending limit for you and your partner. Add up your estimates and see how they compare to that number. If you're over budget, look for ways to adjust. For instance:
  • Choose a less expensive date for your venue.
  • Opt for simpler decorations.
  • Skip extras that aren't as important to you.

If you still need help covering costs, don't be afraid to ask trusted family members for support. Many parents and relatives are happy to contribute to such a meaningful day.

Communicate Your Goals

Your wedding is one of your first big financial decisions as a couple. Open communication is key to ensuring you're both on the same page. Sit down together and talk about your priorities:

• Do you want a small, intimate gathering or a larger celebration?
• Do other financial goals (like traveling, buying a home, or saving for the future) matter to you just as much?

For example, if you both love international travel, spending less on the wedding might allow you to save for a dream vacation instead. Aligning your goals will make budgeting more manageable and help avoid unnecessary stress.

Focus on Needs vs. Wants

Once you've set your budget, decide what matters most to both of you. Is it the venue? The food? The guest list? Splurge on the meaningful parts and find creative ways to save on the rest.

If you want a larger wedding but need to cut costs, consider alternatives:

• Instead of hiring a live band, ask a friend to DJ or create a playlist with your favorite songs.
• Swap expensive flower arrangements for DIY decorations.
• Opt for a smaller cake or simpler dessert table.

Focusing on what's truly important allows you to create a memorable day without overspending.

Final Thoughts

A wedding should be about celebrating your love, not worrying about debt. By planning ahead, setting a budget, and having open conversations with your partner, you can create a meaningful and financially responsible day. Starting your marriage on solid financial ground will reduce stress and set you up for a happy and secure future together.