Personal Loans

Planning for a wedding


Step 1

How do I create a wedding budget?

From an intimate garden party to a formal black tie event, everyone’s idea of a dream wedding is different.

Start with working out how much in total you want to spend on your wedding, then create a wedding day checklist. Prioritise the items that are most important to you and your partner. Do you want to spend a lot of money on the photographer, or would you prefer to spend more on the music? This will give you a good idea of where to spend and where to save.

Fast FAQ
There is no right or wrong answer to this and everyone is different. If you have been to the weddings of close friends or family in recent times, you might try (sensitively) asking them for ballpark figures so you know what to expect.

Step 2

How do I keep track of it all?

Creating an actual budget not only helps to keep you organised, it will also hold you accountable so you’re less likely to blow out. It’s also a wise move to keep track of your payment schedules for each item so you can manage your cash flow.

We recommend putting together a spreadsheet that factors in:

  • Item
  • Priority (out of 5 stars)
  • Budgeted amount
  • Actual cost
  • Deposit date
  • Incremental payment date/s
  • Final payment date
Quick question

You could consider things like doing your own hair and make up, making a special playlist of music instead of getting a DJ or using table settings the venue already has instead of expensive flower arrangements. Getting married on a Friday night or Sunday afternoon may save venue fees, as can getting married in winter.

Step 3

How will I pay for it?

The best thing you can do is start saving early! Once you’ve mapped out how much you need to pay and when it’s due, you’ll feel like you have a much clearer idea of the road ahead. But, sometimes that road isn’t very far away or you just want to make your special day even more ‘special’. We can help you save or borrow so you can enjoy your perfect wedding. Our savings and lending products offer better rates and lower fees.

Quick tip
Encouraging guests to contribute to your Wishing Well instead of buying you gifts is very common for weddings these days. And, using the money from your Wishing Well is a great way to pay off any money you may have borrowed to fund the day.

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