When planning a wedding, there are several costs you’ll need to consider. Some are relatively inexpensive, while others can cost more. We’ll take a minute to discuss three of the most expensive costs you’ll likely have to deal with when planning one of the most important events of your life.
1. The Venue
The wedding venue is always one of the most expensive if you budget for your special day. You can have your wedding in a church, but you might also have it at a high-end hotel. You may have one at a lavish estate if the owner makes it available for that purpose. Some individuals choose to have their weddings on private beaches that can be rented out. You might select a castle courtyard if you’re having a destination wedding and want to go all out with the theme.
The average wedding venue costs about $26,000, but you can find others that cost less or considerably more. You’ll need to think about how much money you’re willing to spend when planning for this expense. You must also consider how many individuals you’re going to invite.
2. The Wedding Rings
Wedding rings are usually one of the most expensive items associated with the event. You can easily spend tens of thousands of dollars on a customized ring with gold and diamonds. You can always find them considerably cheaper than that, though.
Men sometimes like to go for a relatively simple look for their wedding rings. They might get a simple gold band or others like the more modern look of a platinum, silver, or even a wooden ring.
Wedding rings for women often cost more, especially if they are more elaborate. Some women also like to have an engagement ring that they might wear for months or even years in advance, depending on the timeline of the engagement. The couple will have to agree on how much they want to spend on rings for each individual.
3. The Food and Drink
Catering at a wedding is usually one of the highest costs. You might spend thousands on food if you’ve invited a couple hundred people or more.
The catering cost will also depend on how fancy you want to get with the food. It is affordable if you do something like chicken or fish. Going with beef and lobster will have a higher price tag attached. You will also have to increase the price of the wedding if you’re going to have an open bar.