If you’ve just got engaged over the festive period, you will probably be starting to look at where you will host your wedding and reception, so here is our quick tried and trusted tip which we hope might be useful at this time where everything is new and it’s hard to know how to budget set.

It’s the 50% rule.

Time and time again no matter what the overall budget we find that around 50% of the overall wedding day budget is spent on the venue hire and food and drink elements of the wedding combined. So to illustrate the point:

120 Guests

Venue hire         £4,500

Menu of 3 courses          £60 x 120 = £7,200

Drinks package  £25 x 120= £3,000 

Evening snacks = £10 x 120 = £1,200

Total = £15,900

This £15,900 will make up roughly half (50% of your budget) so I would suggest working on a budget (excluding honeymoon and perhaps excluding super expensive bridal gowns) of £31,800 approximately.

If this sounds too much then we’d strongly suggest altering your venue to something less costly as it can be difficult to cut back once this large chunk of money is committed to.

Happy planning!

Castles do cost

This entry was posted on Wednesday, January 13th, 2010 at 7:44 pm and is filed under Be A Wise Bride, Organisational tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.