Your fridge is plastered with save the dates, and you’ve got Saturday night plans every weekend for months. Yep, it’s wedding season. And your wallet’s NOT feeling the love. Some estimates say you’re in for anywhere from $400 to $800. Per. Wedding.
JLO lied to us. The best way to protect your bank account is to figure out how much you can afford to spend as soon as you RSVP ‘yes.’ Here are some helpful hints to keep in mind:
Always. Give the 60-20-20 rule a try. That’s where you spend 60% of your overall gift budget on the wedding gift, 20% on a shower gift, and 20% for the engagement gift.
The Knot says the wedding gift part of that equation varies depending on your relationship with the couple. Think: from $50-$75 for a coworker or distant relative to $100-$150 for a close relative or friend. But let your budget be the final say.
You might be able to spend a little less by going in with friends on a bigger gift from the couple’s registry. Be the KitchenAid hero your friend needs. Speaking of registries, make sure to check them out early before all the reasonably priced options are gone and you’re stuck with $200 bird-shaped salt and pepper shakers.
Look for savings by checking out group rates at hotels and for flights. Yep, that’s a thing. Many of the major airlines (Delta, United, American, JetBlue) offer discounted flights if you’re flying with 8-10 friends. Try calling the airline if you can’t find a form to fill out online.
Relatable. But something borrowed doesn’t just apply to the bride. Ask a friend to look through her closet instead of buying something new. Or try renting.
A busy wedding season doesn’t mean you have to break up with your budget. A little planning and smart booking strategies can go a long way. So you and your money can live happily ever after.
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