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“While the budgeting process can sometimes feel daunting, we want to help arm a future wave of couples with the right tools to budget and plan effectively, so they can take a step closer to achieving their dream day and start off marriage on the right financial foot.” “We hope these learnings from married couples who have planned a wedding previously will help newly engaged couples work out their spending priorities. “It’s important to establish your total wedding fund early on – whether made up from current savings, future savings, family contributions or potential lending options – then you can estimate the costs of each element based on your priorities as a couple. Sally Conway added: “Creating a budget in the early stages can help work out your priorities and keep overspending in check. The study, conducted via OnePoll, also revealed that a third (37 per cent) said they would go smaller if they were to have their big day again.įacilitating more guests, choice of catering and the wedding party’s outfits were among the top things people would spend less on a second time round.īut despite their regrets, 47 per cent still felt had their ‘dream day’.Īnd almost half (44 per cent) didn’t have to make any cutbacks – with 47 per cent of respondents able to stick to their budget. Wedding planning is a really exciting time, so it’s important to remember to enjoy the process!” It’s important to work out your priorities as a couple too – if there are then certain compromises you need to make to save costs, it will become clearer which elements to cut back on. “Set yourselves a timeline and running order to keep you on track in the lead up to your big day too. Wedding planner Rianna Elizabeth added: “While the early planning stages can feel overwhelming, the good news is that there are techniques and ways to help steer your wedding planning in the right direction. While 33 per cent accepted help from their partner’s family, a fifth (19 per cent) used savings and an eighth (12 per cent) took out a personal loan. Over a third (37 per cent) regret the amount of money they spent, with 50 per cent having had received financial help from their family. “Planning early enough and using budgeting tips to manage the various costs is one way to help couples pivot a step closer to achieving their dream day.” “That’s why it’s essential to factor in plenty of time to make it both a personal and financial success. Sally Conway, Head of Consumer Communications at Shawbrook Bank Personal Loans, which commissioned the research, said: "The wedding day is one of the most special moments of a couple's lives – but it’s also one of the most expensive.
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Other cutbacks include reducing the number of wedding guests (26 per cent), the venue (24 per cent), and decorations (23 per cent).
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The honeymoon was the most common item that couples decided to save cash on, with just under one in three (31 per cent) slashing their spend on a romantic getaway. While almost four in 10 (38 per cent) felt overwhelmed by the cost of their wedding, a fifth (20 per cent) had to make cutbacks due to spiralling costs.
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Poor budgeting, not spending enough on a decent photographer and opting for a free bar also featured in the top 40 list of regrets. We Have Provided Direct Links Full Setup Of This Game.Picking the wrong wedding outfits, wasting money on a rubbish band and worrying too much in the lead up are among Brits' biggest wedding regrets.Ī survey of 2,000 married adults revealed more than half (53 per cent) would make changes to their wedding day if they did it again.
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