Get Creative with the Venue and Timing
The wedding venue is typically the largest expense in your budget, averaging around €15,400 in Ireland. This estimate is based on hosting 140 guests, with food and drinks costing about €110 per person.
Consider off-peak dates, winter weddings, or weekday celebrations to lower expenses. Smaller or unique venues can also create a memorable experience at a lower price.Plan as far in advance as possible: this will give you more time to save, as well as to be realistic about timing.
If you’re searching for a wedding venue, chances are you haven’t set a date yet. When choosing one, remember that weddings have peak (May to September) and low seasons (November to April, excluding Christmas and New Year’s). Summer months are popular, especially in Ireland, as couples hope for good weather and scenic venues in full bloom.
Shop Around for Wedding Suppliers
Compare prices from multiple suppliers for everything from catering to florals. Shopping around can reveal significant cost differences, and don’t be afraid to negotiate for packages or discounts.
DIY and Borrow Where You Can
DIY decorations and digital invitations can save hundreds. Many couples now use free templates for invites, avoiding printed options that can cost €500 or more. Look into websites like Canva.com for beautiful, affordable wedding invitations you can design yourself.
If you have a talented friend or family member, consider asking them to bake your cake, film your wedding, or handle the bridal party’s hair or makeup as a wedding gift.
Limit the Guest List
With catering in Ireland averaging €40-€120 per guest, trimming your list by 10-20 people could save you between €400 and €2,400 on food costs alone.
Smaller gatherings reduce costs on everything from seating to favours.
Plan for Extra Costs
Wedding costs often go over budget, so it’s smart to set aside an extra 10-15% of your budget. Adding around €3,000 as a cushion can help cover surprise expenses and keep your finances on track.
Life Insurance for Newlyweds
Protection is a key part of financial planning, especially as you start building a future together. While life insurance might not be the first thing that comes to mind when planning a wedding or settling into newlywed life, it’s essential for securing your future.
Life insurance offers peace of mind, knowing that if anything unexpected happens, you’re both protected financially. To learn more about how life insurance can support your new life together, read our blog for insights on life insurance for newlyweds.
Get a Financial Planning Quote with LowQuotes
Getting a financial planning quote with us is a significant first step towards confidently achieving your financial goals. Whether planning for a wedding, saving for a home, or securing your future with retirement plans, LowQuotes provides tailored advice to help you make the most of your finances.
Our financial advisors consider your unique situation and goals to create a strategy that suits your needs, taking the guesswork out of saving and investing. With a personalised financial plan in place, you can navigate life’s major milestones with clarity and peace of mind, knowing you’re on the right path.
We also provide various financial services, such as mortgages, serious illness cover, income protection, pensions, life insurance, health insurance, and savings & investments.
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