YOUR WEDDING FAVOR BUDGET CALCULATIONS
So the first thing to consider when setting a budget for your wedding favors is how many guests you plan on having at your wedding. Please note that this is not to be confused with the number of guests you are inviting to the wedding.
For example, if you have a large extended family with many out of town relatives, and you are planning a large wedding, you will probably feel obligated to invite all of them even if you are quite sure they will not come to the wedding.
If you are fairly sure these guests will not be able to come to your wedding, then make an estimate of the number of guests you are realistically expecting to show up at the wedding. This will also be a crucial piece of information for the caterers, especially closer to the time. Keep track of all your invitations, and the RSVP responses carefully.
Then decide how many favors you would like, and add 10% to 15% more for ‘just in case’ and also for anyone you might want to send one in the mail to even if they are not able to attend the wedding, for example, someone who gets ill at the last minute, who gives you a particularly nice present you want to acknowledge with more than just a thank you card, one each for the wedding party, in addition to any individual gifts you might want to give them, and so on.
THE POSSIBLE HIDDEN COSTS OF WEDDING FAVORS
Once you establish this notional number of how many wedding favors you will need, you can set a budget in a couple of different ways. One way to do it is to determine an amount you can afford and are willing to spend on favors, and then divide this number by the number of guests you are expecting. This will let you know how much you can afford to spend on each favor.
It is important to include tax, shipping, gift wrapping, perhaps even ribbons and candy as decoration or fillers, and all other incidentals in this per favor price.
Another way to set a budget for the favors is to begin searching around for favors and get some estimates on the wedding favors which you find most appealing. There is a huge variety available now, suited to all budgets, but it is also easy to be dazzled and lose perspective. By setting your budget and sticking to it, you will be much less likely to overspend.
The second consideration is what seems appropriate. The gifts can reflect your taste, the theme of the wedding, and should hopefully be nice enough to be used or displayed, not thrown away, the third key consideration in selecting a wedding favor.
Setting Your Budget for Your Wedding Favors- Part 3 will deal with hunting for the right wedding favor at the right price.
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