Prepare for the big day without breaking the budget
“Don’t have a wedding cake, don’t have printed invitations. Get rid of those, but have really, really good food.”“If we’re coming from a South Asian tradition and we need to have three days of celebrations — well, sometimes they’re just as elaborate [as the wedding]. So that budget needs to be accounted for really early on.”“One of the things we learned over COVID-19 is quality over quantity,” says Jackie Porter, a certified financial planner in Mississauga, Ont.
She adds that a couple can use the money they’ve saved on a large wedding to go toward a down payment on a house instead. Location and time matters when you’re planning a wedding as well. For example, Lemke decided to have her wedding in California instead of Toronto, and said this made the event less costly.
Lemke also agrees that it’s important to be prepared for surprises and set aside a “slush fund.” She says COVID-19 forced many couples to postpone and then replan their weddings, which leads to added costs. Some wedding planners offer package pricing, while others come with an hourly fee. Just make sure to do your research first. Wedding planning is an unregulated profession, but Lemke says finding someone with years of experience is vital.Article content
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