Welcome back, dear reader, to Money & Matrimony! The monthly series where I look at the intersection of spounces and spending, and try to demystify the financial nuisances of nuptials. Basically help you make budgeting and spending money on your next wedding easier!
I’ve covered destination weddings in the past (Still considering?), and looked at tips on how to really make your destination wedding the best it can be.
But let’s really start to chew to the numbers. What kind of budget is needed for a destination wedding, and how feasible is a “cheap” one (maybe in budget but certainly not in taste)?
How Much Does A Destination Wedding Cost?
Like anything else, it all depends on what you want for your wedding, where you want to go, how many guests you want, etc. But if we’re talking baseline, the $30K range is going to be your best bet at a minimum.
How To Save Money When Planning A Destination Wedding
Start Early!
Start it all early! Pick a date and location that’s far enough in advance (if international I would argue at least two years in advance), and get your save the dates to your guests as soon as possible.
Consider Travel Distance In Your Budget
Though there’s an apparent downturn coming, flights/travel are going to be a significant part of both your budget, and the budget of your guests (depending on how much of that you want to front for them).
So make sure you’re considering how much of your budget you’re willing to give over to travel. It can seem overwhelming at first, but look at the typical cost for the travel to the location, and the general cost of expenses once you’re there. For instance, a trip to a location that offers an all-inclusive package at a discounted rate might give you the wiggle room to splurge on a more expensive flight.
Looking for those inclusive-packages? Checking here, here, and here will give you a good taste of options.
Ask About Price Flexibility
Prices for bigger packages, group rates, and other package deals might be more flexible than you think. Working with a vendor/planner at the destination? Don’t be afraid to see where you can find some sort of discount or deal. This could prove easier than you think.
Honeymoon Registry!
This one should be a no-brainer at this point, especially because this is a trend. Don’t sign up for a gift registry for that Le Creuset (though, no judgment as I certainly would). Instead, ask your guests to help you chip in for your own honeymoon. This is always a good budget reliever for that honeymoon-experience of a lifetime.
What else?
Have you made any cost-saving moves with a destination wedding budget? What has helped you? Let us know!
