We know it’s not very romantic but you should start planning your big day by creating a budget. With the average cost of a UK wedding being about £22,000, it’s a good idea to do your sums before you get carried away.
First, look at how much you can afford and how much you want to spend. Do you already have some money set aside? Would either of your families like to contribute? Do you need to start saving? Use our budget calculator to work out how much you can save each month and set up a savings goal so you can track how long it’s going to take to reach your target. Once you’ve decided on a realistic figure, be strict on yourself and stick to it.
To create your budget, write down everything you need to spend money on in a spreadsheet. Include a column for both your budgeted cost and the actual cost so you can keep track of your spending easily.
To work out your costs, you’ll probably need to guess, as it will depend on how many guests you invite, style of the wedding, date, and the venue you choose. Do some research, get some quotes and ask recently married friends and family for advice.
Lynsey from Royal Bank of Scotland is getting married soon and recommends you use a budget planner.
I've found loads of online budget planners that are free to download. They're really helpful to dig down into what you need to consider buying or hiring and track your finances in each area.