I had NO idea where to start in terms of a wedding budget. We had a targeted budget in mind, but we had some flexibility on what we could contribute depending on how badly we wanted certain things.
I knew I would need a digital tool to see upfront what we were looking at and continue to track along the way.
Keep reading to find out the 3 reasons why you NEED a digital budget.
Fill out the quick form below to get access to my FREE, customizable Google Spreadsheet to plan your own wedding expenses.
1. Your budgeting tool should be flexible.
I'm a paper and pen kind of girl—I draft some of my best ideas on sticky notes and page corners. But when it comes to planning the finances for your big day, you NEED your budget to adjust with the never-ending list of changes coming at you.
2. You can start financially planning from the ground up, or the top down. Or both.
You may know exactly how much money you have to plan your wedding, or maybe you have some wiggle room. Maybe you want to decide what to spend after gathering some details and deciding what is most important., Either way, with a digital budget you can start with the overall number you're aiming for, or you can start by estimating each (or just the largest) components and work up from there. You can even start at both ends and meet in the middle.
If you're big on percentages and want to stick to certain allocations (40% spent on the reception, 10% on flowers, etc.) a digital budget makes this SO. MUCH. EASIER. Forget constant calculations.
3. You can keep track of where the money is going.
There are going to be times when expenses pop up unexpectedly, or you think of something you hadn't considered factoring in. Your digital budget is helpful for planning, but also for TRACKING expenses to make sure you're staying on target and don't end up with any surprises (e.g. the chocolate fountain was HOW MUCH!?).
Being aware of any cost changes compared to what you budgeted will also allow you to cut corners with other things if need be (e.g. no more wedding favors—the chocolate fountain is your gift! :) ).
Want to start budgeting but don't know where to start?
I created an easy-to-use Google Spreadsheet Wedding Budget Template (see below) with common categories and expenses, and ALL of the calculations are already included. All you have to do is input a few numbers and start adjusting to fit your dream day.
Get a fully customizable wedding budget
The calculations are already in place, you just have to input a few numbers to see where your budget stands and start planning! Also great for big day tracking expenses throughout your engagement.