How to Pay for Your Wedding

by Jamie Wilson
wedding ring

Reviewed & updated: October 19, 2022 by Jamie Wilson BA

The day you get married is likely one of the biggest days of your life, but it can also be the most expensive day of your life. You might feel you can easily stick to your budget or do everything yourself, but you may find the catering and venue bill end up costing you a lot more than you had thought. It is critical to know how you will break down your budget. It is not impossible to save up for the big day, but there are a few things you will want to consider.

Consider Taking Out a Personal Loan

With many weddings costing thousands of dollars, you might want to consider borrowing at least some of what you will need. One way you can do this is by taking out a personal loan from a private lender. The personal loans can be customized to whatever budget you have come up with, and you can use the funds at your discretion.

Creating a Budget

How to Pay for Your Wedding
@Taras Budniak via pexels

If you have a huge goal that seems difficult to meet, divide it up into smaller bits. For example, divide the total budget by the number of months until the big day. For example, if the budget is $15,000 and the wedding is 15 months away, you will need to come up with $1,000 each month. If you don’t think you can do it, you might want to cut back on some expenses or take a bit more time until the big day.

You might look for the most expensive times to get married, such as the weekend or around big holidays. That way, you can avoid those. And get some advice from a wedding planner so you can do the best job possible. There are even planning apps that will help you keep track of each step

Bring in More Money

Think about ways to not only cut costs but also bring in more funds. Do you have items you no longer need, such as gently used clothing? You might want to consider selling it online to supplement the wedding fund. Once you know how you will pay for your big day, you can figure out how much more you will need to make.

How to Pay for Your Wedding
@Luis Quintero via pexels

Reducing Monthly Expenses

Do you have recurring monthly expenses, like subscriptions or a gym membership? By cutting these out, you can quickly free up funds to put toward the big day. For example, if you cancel your cable, you might save $100 or so a month, while getting rid of your gym membership might save almost that much.

Look for home workouts, such as hand weights or ones that use your body weight, instead. You can sometimes cut down a bill by asking the accompany. Even if you cut it down by $20 a month, you can still save over $200 a year.

Today, it costs more for companies to get new customers than to keep their existing ones, so they might be willing to work with you. You can also consider eliminating any nonessential costs, such as streaming subscriptions.

How to Pay for Your Wedding
@Misha Earle via pexels


Your wedding day is one of the most important days of your life so it’s important to find ways to adequately fund your special day so there will not be any regrets later on. Many people remember the food, drinks, and the DJ/band, so more resources could be allotted there as opposed to chair covers, table cloths, or flowers. Between taking out a personal loan, budgeting, finding extra sources of income, and reducing monthly expenses, there are plenty of ways to bring in extra money.

About the Author

How to Pay for Your Wedding
@Aleksandr Neplokhov via pexels

Drew Allen is a financial enthusiast, seasoned blogger, music and sports fanatic. He enjoys spending time outdoors with his wife and daughter fishing and boating. He is dedicated to his 15+ year career in the banking, mortgage, and personal finance industry.

Feature image from Pinterest

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