As spring dawns each year, countless UK couples walk down the aisle, reaching important personal milestones and carrying on lasting wedding traditions. Among these time-honoured customs, it’s common for brides and grooms to host grand events for friends and family to join them celebrating their wedding vows. Despite their festive nature, or perhaps because of it, these gatherings can quickly grow expensive, by the time all the bills are paid and related spending is accounted for.
Too many couples have learned hard financial lessons associated with overspending on lavish wedding affairs. But saying “I do” doesn’t have to be the same as saying “goodbye” to all your cash. With the prime season approaching and matrimony on the slate for a host of Englanders, dialing-back spending is a top concern for many UK brides and grooms ready to exchange vows.
Fortunately for spring couples, several savvy solutions are available for wedding planners working with strict budget constraints; moneysavingexpert.com recently shared a number of tips for reducing the cost of getting married, without sacrificing a once-in-a-lifetime wedding day experience. These are only a few good ideas for tamping-down wedding costs, before spending gets out of control.
Start With the Ring
The average UK wedding costs tens of thousands of pounds, so anything you can do to reduce costs is a victory for your post-wedding bank account. One source of savings for some couples includes the symbol of their union – the ring itself. Though you want the item to be more than a token, it doesn’t have to break the bank, in order to take on meaning. In fact, some of the most cherished wedding bands are neither extravagant, nor flamboyant. Consider saving money on your wedding ring by:
- Selecting a second-hand symbol – Jewellery doesn’t wear out quickly, so many second-hand pieces serve as worthy symbols of matrimony. In fact, vintage and collectible rings are all the rage, so why not carry the trend into your nuptials, making savings at the same time. Antique shops are good places to look for vintage wedding rings, and if you are not in a rush, it may be possible to buy directly from an estate, in order to save a few pounds.
- Assigning an heirloom – If you’re fortunate enough to own attractive pieces of family jewellery, why not assign an item to become your wedding ring? Even if it’s not a proper ring, you may be able to reuse stones or other pieces, when crafting a custom wedding ring.
- Go to the source – UK ring buyers have two advantages, compared to non-residents. Hatton Garden in London and Jewellery Quarter in Birmingham are world-renowned jewellery buying centres. Savvy buyers may be able to land deals on diamonds in these highly competitive districts, rich with gem-buying opportunities.
Keep It off Your Card
Your total wedding spend is not only influenced by the cost of goods and services you buy, but also depends upon the way in which you pay for related expenses. In many ways, running-up credit card charges is one of the most expensive ways for couples to cover wedding costs. Better to secure a loan, offered online by various providers, than it is to carry ballooning credit card balances into a brand new marriage. Loans are available for working brides and grooms with good or bad credit; most are funded without extensive credit checks.
Reverse Your Thinking
Weddings are highly anticipated – particularly for brides and grooms with long-held visions of perfect events. Frequently, however, grand ideas don’t translate into affordable, realistic wedding plans. As checklists of must-haves are tallied, and costs quickly climb, many couples realise they are in over their heads, yet continue spending beyond their means.
When money is an important concern and you don’t have endless wedding reserves from which to draw, setting a budget and then working out plans is a more effective arrangement. Whether you use a budget planning app or simply write out some figures, setting spending limits and sticking to your budget are the best was to stay on track.
Spring traditionally marks the start of the wedding season, so you’re not alone if nuptials are on your calendar this season. For a memorable event, without financial worries, make the most of your wedding budget. Selecting an affordable ring, sticking to a realistic wedding budget, and avoiding high interest credit card debt are three ways to start your marriage on a proper financial footing.