How to Fund Your Dream Wedding

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Your wedding day is going to be one of the loveliest and most memorable days of your life.  Whether you’re been dreaming about it for a long time or you’ve frantically started pinning wedding ideas to your secret Pinterest board, it’s totally understandable that it means the world to you and that you want it to be perfect! But, getting hitched is expensive, and your perfect day won’t come cheap. Here’s how you can fund it.

Start saving

According to experts, your dream wedding could set you back as much as £21,000, so it makes sense to start saving as soon as you can. Make a budget and draw up a spreadsheet to see what money you have coming in and going out every month. Once you’re able to spot leftover cash or areas of spending to scale back on, create a savings account to stash your extra cash in. It can earn money in a tax-free ISA and you might be surprised to see how much you can save if you extend the length of your engagement.

Ask your parents

It’s not unusual to ask for help from parents (and grandparents) for many things nowadays, including help to buy a house as well as assistance with funding your wedding. If you’re uncomfortable about asking for a large sum of money, why not see if they’re prepared to pay for particular aspects of the day such as the bridesmaid’s dresses, the groom’s suit or the car hire fee?

Ask for a donation from guests

You could also ask for a little bit of financial assistance from your guests. For instance, instead of receiving presents, why not ask friends and family members to consider donating whatever they would have spent on a gift towards a honeymoon fund instead? That way, you can have the honeymoon of your dreams without the stress of trying to pay for it.

Pay for your dress in instalments

Companies such as Happily Ever Bridal offer their brides an interest-free payment plan to help them spread the cost of their dream wedding gown. All you have to do is place an order for a gown at least eight months before you’re due to get married and pay a £150 non-refundable deposit. After that, you can make interest-free payments on a monthly basis until your gown is paid for! This kind of flexibility will help you to bag the dress of your dreams so that you don’t have to compromise on such an important part of your day.

Take out a loan

If you really can’t afford to pay for your dream wedding in full but don’t want to skimp on such an important day, why not consider taking out a loan? There are lots of different types of loans available, so just be sure to take out one that you can comfortably afford to repay.  Check how it will effect your credit rating (if at all), and make sure you can pay the interest that’s added on. If you can manage the repayments and understand the consequences of not repaying your loan in full and on time, you’ll be able to secure everything you’ve been picturing for your big day: a stunning service, a beautiful reception and a top-class make up artist!

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