How to make sure you can afford your dream wedding

Dream weddings are expensive and it’s going to take every ounce of perseverance to get the funds together. But, with the right planning and a little bit of saving, your dream wedding could be just around the corner.

Start a savings account

The first step to making sure that you have enough money for a wedding is putting your money somewhere safe. It’s no use to spend money if you’re just going to spend it. So, open an account and start feeding in regular payments for your wedding.

Start a savings plan

The second step to saving for your wedding is putting a plan in place on how you’re going to save the money. Chipping in some loose change every now and then isn’t going to cut it when you have high expectations. Decide on a percentage of your monthly salary that you can part with and endeavour to make the payments into your account. The best way to do this is to deposit the money as soon as you get your paycheque. That way you won’t be tempted to spend your precious wedding funds on something other than your wedding.

Do a little extra

Other than putting aside a portion of your paycheque, there are little things that you can do every now and then to save up some money. Holding back on luxuries, carpooling to work and bringing lunches and snacks with you instead of buying food and drink on the go are just a few little things you can do to save a bit of money every now and then. Of course everyone spends their money differently, so keep an eye on your normal spending and see what sort of changes you can make to save a bit every now and then.

Do some cleaning

We all have things around our homes that we’ve resisted throwing away, even though we haven’t used them in ages. Well, now is the time for you to clear out the clutter and sell it on for some cash. You might not make a fortune, but every little bit helps. If you have old clothes or electronics that you’re not using then sell them. After all, it’s better to have a dream wedding then a moth-eaten dress you’re never going to wear.

Prepare for an emergency

Things go wrong all the time, but that doesn’t mean that you should panic or throw away all of your hard earned savings. By putting some money aside to use in an emergency, you won’t have to dip into your wedding funds. If you’re only a couple of days away from payday, you also have the option of taking out a quick Payday loan to use in an emergency instead of your savings. These types of loans should never be used to pay for your wedding. They’re for emergencies and should only be taken out if you’re confident that you can pay them back quickly. Still, if you find that a few days before the end of the month you get a flat tire or your refrigerator breaks, a short term loan is an option to keep you going.