Showing posts with label economy|money. Show all posts
Showing posts with label economy|money. Show all posts

May 11, 2011

Saving without skimping - the Wedding Edition

Image source: http://www.bdweddingphotography.co.uk

When we started planning our wedding, I also drastically cut back on my spending. Wedding vendors often demand a 50% deposit on signing, even if it's six months to a year ahead of the big date. The biggest purchases usually need to be booked/ordered well in advance. If your venue also requires a minimum catering charge, the estimate keeps rising.

According to WeddingBells.ca's annual survey, the average Canadian wedding will cost just over $23K. Unless you are very creative or have a small wedding party, this will not get you very far in a city like Toronto. Without going into masses of details, what we did to help manage our budget was decide at the outset what our priorities were, so we would know where we would be willing to splurge and where we would cut back if required. I also created spreadsheets detailing estimates and actual costs so we would know throughout the process where we stood, how much we owed, to whom and when.

Our priorities were: Photographer, Venue, and Food


February 26, 2011

Where our cash goes (Canadian version, eh!)

I saw an interesting infographic on the average US spending (commented on by yesiamcheap.com, and heard via @brokeinthecity), and just happened to be looking at the same data for Canadians. It's not as pretty, but here it is:


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