Plan a wedding fit for the Royal couple, without breaking the bank

Prince Harry and Meghan Markle are set to walk down the aisle in May this year and all eyes will be on their big day to see what new wedding trends it’ll set. If you’re planning your wedding at the minute, but don’t have the luxury of a large wedding budget like the Royal couple do, don’t worry because we’ve put together some tips to help you have the wedding of your dreams.

Keeping a track of spending & budget

While the average cost of a wedding rose to a staggering £27,161 last year1, you don’t have to spend this to have the wedding you want.

If you’re newly engaged and starting to plan your wedding, a great place to start is to sit down with your partner and look at what money’s coming in and what’s going out each month. From this, you’ll be able to see how much cash you have spare to spend on the big day. If family are helping out, consider this too, as it’ll give you a good idea of what your overall budget will be.

Once you have an idea of what you’ve got to spend, you can start to break down what you think you’ll need to spend on each part of the wedding – dress, invites, venue etc. It’s also a great idea to start a budget tracker spreadsheet, so you can start to log any quotes you get, track spending and help keep things on track.

Using credit for your wedding?

If you’re considering using credit to fund anything for your wedding, it’s important that you’re able to get hold of good credit deals that will suit your needs. Before making any applications, remember to check your credit report to make sure the information on there is accurate and up-to-date, as this is what lenders will check to assess your financial situation. You can do this by logging in or signing up for free at Noddle.

If you have a bit of time before your wedding, try to improve your credit score, as this could give you a better chance of getting better deals on credit. Tools like our Card Matcher and Loan Matcher can also help, as they’ll show you your chances of being accepted for a range of different cards and loans.

5 ways to help you get the most out of your budget…

Be strict with your guest list

Costs can be kept lower if you’re strict about who you invite to your wedding. Remember, each guest will add to the cost of food, favours, chair rentals and how much cake you’ll need – which can add up. A smaller wedding can be more intimate and it’s also a way of making sure you only have those who you really want there on the day!

If you do have a lot of people coming, have a think about catering. Having a buffet or less formal meal for the wedding breakfast could cut costs, as well as giving the day a more relaxed feel.

Anybody in the family who could lend you their services?

Have a think about whether there’s anyone in your family or friendship group who can help out. For example, is anyone you know a good photographer? You could ask them to take some photos throughout the day, meaning you either don’t need to pay a professional photographer, or you can get the professional to just be there for a couple of hours on the day.

This approach could also come in handy with the cake if you have any bakers in the family or if your family member or friend is a make-up artist or hairdresser, as they could help you get ready on the big day.

Consider DIY

DIY can definitely come in handy with decorations and invites in particular and can help keep costs down. For example, if it’s a vintage themed wedding, have a look in charity shops to see what authentic bits and bobs you can pick up to decorate the venue. There’s lots of inspiration and tips out there so have a look at what you could do yourself before committing to any suppliers.

Go online

You could avoid forking out for wedding stationary by keeping everything online. Consider setting up a wedding website where you can point guests to for information about the day, the gift list and for them to RSVP. There’s a lot of free ways to do this and you can personalise the sites to your style.

Honeymoon at a later date

Having a honeymoon to budget and save for at the same time as a wedding can be hard. To avoid over stretching yourself, consider taking your Honeymoon a few months after the wedding. This will give you time to save up some money and also means you have something to look forward to after the big day itself.

We hope you found these tips helpful and good luck with the wedding planning! For more handy information about saving for a wedding click here.

1 Statistic taken from hitched.co.uk’s ‘What makes a 21st century bride?’ survey – https://www.hitched.co.uk/wedding-planning/organising-and-planning/wedding-survey-2017_1383.htm