Even if you are not having a destination wedding, you are most likely planning on providing a hotel room block near the reception site for your guests for the night of the wedding. But most brides and grooms don’t anticipate these blocks adding any cost to their overall budget. When booking a block at a hotel, be sure to ask about any attrition penalties — that is, if you block off 20 rooms and your guests only book 10, you could be responsible for paying for the remaining 10, depending on the hotel’s policy. Since this could potentially add hundreds (or even thousands) to your bottom line, it is best to plan for the worst-case scenario ahead of time.
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You will certainly receive plenty of gifts as bride and groom, but what you probably haven’t thought of is how many gifts you’ll be doling out around the big day. Welcome bags for your guests, thank you gifts for your parents and wedding party, and a present for you soon-to-be spouse can — and will — add up quickly. Make a list of who you’ll be buying for early on, and set a budget for what you are willing to spend to avoid a last-minute cash crunch.
Don’t forget about the government when ironing out your wedding financials: You may need to earmark a part of your budget for the post office and local or national parks departments. The size and weight of your save-the-dates and invitations will determine if your postage will exceed the standard 49 cents, plus don’t forget to account for response envelopes. And if you are planning on having your ceremony or taking pictures in any sort of park or landmark area, be sure to check to see if it requires a permit. These can run up to several hundred dollars: Hosting your ceremony at Brooklyn Bridge Park, for instance, will set you back $425, and Gantry Plaza in Queens costs up to $1,600, according to the Wall Street Journal. If you are dead-set on a particular location, check out the permit situation and factor in its associated costs.
Image from: http://weddbook.com
These five items are easy to miss when you’re making your wedding budget, especially behind big-ticket items like the caterer, photographer and band. But factoring them in early will help save you a major financial headache down the line and let you focus on what’s important — marrying your perfect match.
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