Planning for your big day can be expensive. You may not be aware of all the costs involved and these can easily spiral out of control if you become caught up in the whirlwind of planning the dream day for you and your guests.
If you don’t want your costs to go sky high, it’s really important to give yourself a budget and stick to it. Work out what you need to buy and shop around for the best deals. You can then work out how much you need to save each month. Be realistic about what you can afford and how long you have to hit your target. If you plan to have your wedding sooner rather than later, can you save enough or will you need to think about cutting costs in some areas?
A savings account where you can squirrel away your cash is a good idea and it’s important you start saving as soon as you can.
Or access this savings calculator or the following tools to help you budget:
has a budgeting tool which helps you list all your household income and expenditure, and helps you to prioritise your debts.
has useful guides and resources such as calculators, comparison tables, letter templates and more to help you with many different areas.
offer a confidential free online debt advice service through their My Money Steps website, helping you to create a personal action plan to manage your money.
provide a benefits calculator for older people. Use this to make sure you are receiving all the help you are entitled to.
also provide a money management course, providing a simple way to teach people how to build their budgeting skills.