Many little girls dream of the perfect wedding, with the perfect dress and the perfect groom.
But what does this dream cost? And is it worth the financial fallout that could follow?
According to research conducted by Bridebook.co.uk, the average cost of a wedding in the UK is £27,000 – hardly small change!
Yet the cost of actually getting married (the legal part) in a registry office or church is typically £500 or less. So, what are people spending the other £26,500 on?
The average wedding budget in 2017
- Wedding venue - £5,000 to £6,000
- Catering (price varies depending on the number of guests) - £7,000
- Photography - £1,600
- Videography - £1,100
- Transport - £700
- Wedding flowers - £1,300
- Decorations - £1,100
- Wedding cake - £500
- Entertainment - £900
- Wedding dress - £1,000 to £2,000
- Shoes - £200
- Wedding stationery - £500
- Groom and groomsmen outfits- £800
- Bridesmaid outfits - £500
- Hair and make-up - £500
- Wedding jewellery - £200
- Wedding rings - £900
- Registrar fees - £300
- Favours and gifts - £600 - £700
Looking at this budget, there are some obvious areas where savings could be made. For example, do you need a videographer and a photographer?
Getting married in a church or registry office rather than a private venue could also cut the venue cost from £5,000 to £500. Plus, do you really need to spend £500 on wedding stationery?
Of course, while £27,000 is the average cost, many will tie the knot for much less. And, however crazy it seems, some will spend even more!
Getting married doesn’t need to land you in a huge amount of debt. Save up in advance if a big white wedding is your dream.
You could even start before you’re engaged - after all, you may not meet Prince Charming straightaway (unless you’re Cinderella).
As you’ll have lots of outgoings when you plan your wedding, create a budget and an up-to-date record of how much you’ve spent already and what you have left to pay. This should help you keep your spending on track.
If you’re planning to use a credit card or personal loan to help make your dream wedding a reality, be sure you can afford the repayments before you apply. The last thing you want is to start married life with debt repayments you can’t afford.
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