Setting your budget for your wedding favors is a very important part of planning a wedding. Many couples make the mistake of underestimating the cost of the wedding favors, and not allotting a part of the budget specifically for this purpose.
As we said in our introductory article, you first need to decide if you are going to give wedding favors to your guests, and you need to decide it early on in the wedding planning process.
Not budgeting for your wedding favors can be a real headache down the line, especially if you wait until the last minute to shop for favors. And particularly if you are going to need wedding favors for a large number of guests at the wedding reception.
This article will deal with the importance of setting a budget for your wedding favors, and will provide some hints and tips for making wedding favors more affordable without seeming cheap.
WEDDING FAVORS AND YOUR BUDGET
So let’s do the math, shall we? By now you have already started pricing what things are going to cost for your dream wedding.
The cost of renting a catering hall and paying for food for your wedding reception are going to be amongst the most expensive items to consider when planning a wedding.
Back in the day, a lot of people assumed they would ‘make it up in gifts’. Weddings have changed a lot since then, as has gift giving.
In addition to the catering hall, your clothes and those of your wedding part, gratuities and other incidental expenses, flowers and transportation can also contribute to the high price of weddings.
However, these are not the only factors to consider. The cost of wedding favors should also be carefully itemized in your budget once you have made up your mind whether you want to give wedding favors at your reception.
You should realize that whatever wedding favor you choose, it is going to be a cost per guest item. This means you will have to pay a unit price per wedding favor, then multiplying this price by the number of guests at the wedding.
This means even if you select a favor which costs $2, you will still wind up paying $1000 for wedding favors if you are planning a wedding with 500 guests. You can see how this price can quickly add up and wreak havoc on a couple’s wedding budget.
Setting Your Budget for Your Wedding Favors- Part 2 will help you with your budget calculations.
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