We get it. You have a wedding budget and you want to stick to it. But did you ever consider that your wedding budget may not be realistic? We’re here to tell you, it’s likely not.
Ready for this? According to a 2019 WeddingWire Report, roughly half of couples spend more than planned and that’s not because they went with an over the top, 10 tiered wedding cake or made their grand entrance parachuting down from a helicopter (even though that would be cool). It’s because couples aren’t setting an appropriate budget based on what (good) wedding vendors actually cost.
WHY COUPLES SPEND MORE
On average, couples expect to pay $16,000, but end up spending roughly $29,000 on their wedding. Nearly 80% of couples set a rough budget prior to researching any vendors – often times under-estimating the cost of products and services.
So, what should you spend on your metro Detroit wedding? To help you answer that question, we’ve summarized the WeddingWire survey which provides average amounts couples spend on wedding DJs, photographers, videographers, and other services.
Value Vs. Price
Now that you’ve seen a breakdown of the average cost, its time for you to determine value vs. price. Price is what (you) the bride or groom is asked to pay for the wedding service. Value is what the you think the service is worth. So, when you’re trying to determine what you should spend on each part of your wedding, it’s important to prioritize what’s important to you.
For example, if you want to hang your wedding photos all over the walls of your home (who wouldn’t?), then clearly photography is a priority over – let’s say – insane flower arrangements. Now you know to set aside a bigger piece of your budget towards finding the perfect wedding photographer than extravagant, floral centerpieces. Bottom line: prioritize. While you’re going through that process, Mike Staff Productions has developed a simple spreadsheet for you to download to help keep your costs organized and balanced.
BUNDLE & SAVE WITH MIKE STAFF PRODUCTIONS
- Get the “Team Approach”– One team, one coordinated vision, training and certification
- Save Time – One phone call, one meeting, three services checked off the list!
- Save Money
- Bundle any two services and save $200.
- Bundle three services together and save $500!
- Peace of Mind – Trusted by thousands and thousands of brides.
Ready to learn more about our services? Visit our team in our relaxed Troy or Plymouth offices. We’re here to talk when you are: (877) 689-0777