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Saturday, May 22, 2010

This is how much you're going to spend and you won't belive it!

MODERN WEDDING BUDGET
Congratulations! Now that you’re engaged, you and your partner are about to begin one of the most exciting – and hectic – times of your life. No doubt you’ve been asking yourself, “Where do I begin and how much is it all going to cost"?

It's likely that you have figured out that the details to any wedding & reception are endless! And believe it or not, couples almost always spend more then what they ever think they're going to spend.

Reality check! Even in the current market, a $20,000 budget will get you only a handful of service items. Reason being is because your 3 biggest expenses (venue, photography, & F&B) can cost you up to $15k alone (estimated on approx. 40 guests). I mean just think about it! Any quality photographer is going to cost you at least 5,000 at the end of the day. Then, your food and drink can easily cost $125 per person (which is another $5,000), and finally your venue fees can cost up to $5,000. There you have it! 3 lonely items and you've already spent $15k. We haven't even paid the wedding planner, got your dress, minister, musician, flowers, decor, chairs, etc...?

Whew! I'm overwhelmed just thinking about it. 

When it comes to budgeting for your wedding, the best thing that you can do for yourself is to "be realistic". I know that there are several other resources out there that are eager to gain your business by telling you what you want to hear and that's cool. And you can choose to listen to them. Just don't cry about it when someone promises you certain prices and then it all ends up costing you way more.

Fact! A First Class Hawaii Wedding client on average, spends anywhere from $250 TO $600 per person (all inclusive) for a wedding & reception at a private estate in Hawaii. The only way to get that price down is to select a more economically priced venue, photographer, and caterer. Oh, and let's not forget about your wedding planner.

FYI: On average, a modern destination wedding (for a group of 40 guests) will end up costing more than $20k. In the "wedding world" this amount is a small price to pay for ensuring that your destination dream wedding is a huge success.

More Questions? Visit our web site at www.firstclassweddings.com to live chat with one of our experts.

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