Picture this: you’re browsing Pinterest for your wedding ideas, and everything looks SO beautiful. With each new picture, your guest list starts to grow, and you can’t help but daydream about your perfect day. But then reality strikes: how in the world will you pay for all of it?
We understand how frustrating it can be to try and figure out how much to allocate for each part of your wedding without going over budget. That’s why 50Gram Wedding is here to help! We know that budgeting for a wedding can be overwhelming, so we created this comprehensive guide to answer all of YOUR wedding budget questions.
From the essentials like venue, catering costs and decorations to the little things like favours and transportation – we’ve got the breakdown of what you’ll want to prioritize to make your Big Day perfect without breaking the bank!
How Much Should You Budget for Your Wedding in Malaysia?
So, you’re planning the wedding of your dreams in Malaysia and want to ensure that all your special day’s details are on point. That starts with budgeting correctly! Figuring out your wedding budget will lay the foundation for the rest of your planning process, so it’s important to get it right.
As a general rule, most couples in Malaysia generally spend about 10-12 months’ worth of their combined income on their wedding day, and some even report spending up to 26 months’ worth!
Some couples prefer a tighter budget with more modest celebrations, while others opt for more expensive items such as luxury hotel venues or destination weddings. Making a budget and sticking to it will help you stay within your limits and ensure that no expense is unaccounted for – making it easier to track when making payments or negotiating discounts with vendors.
The Biggest Cost Components in a Wedding Budget
When planning your wedding budget, it’s important to consider the biggest cost components. For most couples, these will include the venue, catering, photographer, and entertainment.
On average, a venue will cost around 40% of your total budget. Depending on the location and guest list size, this can range from RM15K to RM100K. Keep in mind that this will also include decorations and ceremony costs if you’re having both at the same venue.
Catering is another major expense—usually 20-30% of your budget—so plan carefully for food and beverage selections. Miscellaneous items such as decorations/florals, wedding day beauty services (makeup/hair), transportation/logistics and stationery (save-the-dates/invites) can range from 10-25% depending on selections and needs for your big day! Photographers usually cost around 10-15%, while entertainment usually accounts for 5%-10%.
Wedding Budget Tips for the Modern Couple
Are you a modern couple and feeling a little overwhelmed when planning your wedding budget? You’ve come to the right place! Here are some expert tips that you can use to help plan your special day without breaking the bank:
Prioritize:
Take some time to think about what is important to you both regarding your wedding. Determine what elements are essential for a successful day and which ones you can let go of if needed. Making a list of preferred vendors and ordering them by priority can help de-clutter your thoughts.
Make Use of Technology:
Take advantage of the huge range of online tools that let you compare different vendor prices in one go. 50Gram Wedding’s platform is perfect for this – with just a few clicks, you can compare prices for catering, decorations, photography and more! Decide on an overall budget and then allocate it into pieces to ensure everything is taken care of.
Consider Using Your Savings:
If all else fails, use your savings—either from yourself or family members who might want to contribute as a gift—to cover extra costs that may arise during the planning process. However, this should only be done as a last resort since it’s always best to keep some money aside in case something emergency happens.
The Ultimate Breakdown: Uncovering the True Wedding Cost in Malaysia for Your Perfect Celebration
FAQs From Real Wedding Couples on Planning Their Budget
You may have some questions on how to plan your wedding budget. While every couple is different, we can provide some useful answers to the most common questions we hear. Let’s take a look!
Q1: How much should my wedding budget be?
The amount you should allocate for your wedding budget will depend on your priorities and the type of wedding you envision. Try talking to experienced contacts like family and friends to get a better idea, or use an online wedding planner platform like 50Gram Wedding to get an accurate estimation.
Q2: Should I have a guest list limit?
Having a definitive number on how many people you would like at your wedding helps when planning the budget. It also helps with deciding on venue size, catering services, and other requirements, which depend on the number of people attending. Having a guest limit could also help avoid any potential issues with inviting too many people.
Q3: How can I cut down costs?
When cutting down costs, list everything you need for your wedding day and put them in order of importance. You can start eliminating unnecessary items or substituting more expensive choices with cheaper alternatives. Additionally, if you want something outside your budget, see if there are any DIY or second-hand options available; these can be great ways to save money!
Expert Tips to Save Money on Your Wedding Budget
How can you save some money on your wedding budget? Here are some expert tips to help you keep your costs down without sacrificing your wedding dreams! Don’t worry; we’ve got you covered.
Prioritize Your Wishlist
Make a wishlist of the most important things to you at your wedding. This will help you determine where to spend most of your budget and let go of some less important items.
Think Outside the Box
Weddings don’t need to cost a fortune. Resourcefulness goes a long way in helping to save money. Is there anything special about your venue? Instead of spending tons of money on decorations, consider using the space or existing decor as your backdrop – it may look even better than you imagined!
Ask for Help
Regarding weddings, family and friends are usually more than willing to help in any way they can! Ask them about their specialities – like baking or flower arrangement – that can help make your wedding even more extraordinary without breaking the bank.
With 50Gram Wedding’s online platform, finding vendors and planning out all of these details is made infinitely easier so you can confidently plan a beautiful, low-cost wedding.
Resources to Help You Stay Within Your Wedding Budget
Managing a wedding budget can be tough, but don’t worry—it’s more than possible with the right resources!
Here are some of our top tips for staying within your budget:
Budgeting Apps
The good news is that plenty of handy apps are out there to help you manage your wedding budget. 50Gram Wedding has a budget calculator designed specifically for wedding budgeting in Malaysia so you can monitor your spending and keep your costs in check.
Professional Advice
It’s always a good idea to seek professional advice when managing your wedding budget. An experienced wedding planner can provide invaluable information on how much things typically cost and offer suggestions on where to save money without sacrificing the quality of your big day.
Shopping Around
Having an allocated budget doesn’t mean you can’t get what you want – it just means you’ll have to shop around! Take your time settling for the most expensive option – do some research and compare different vendors to get the best value for your money.
You may not think it now, but staying within a set budget is totally doable—you need to be strategic and creative! With these tips in mind, we hope planning within a set budget will become second nature.
Conclusion
With so many questions to consider when creating your wedding budget, it’s easy to get overwhelmed. But don’t worry! 50gram wedding is here to help. From helping you create and manage a budget to help you find the best wedding deals in the market, 50gram Wedding has all the answers and tools you need to ensure a memorable wedding experience within your budget.
With 50gram wedding, you can be sure that paradise is closer than you think, no matter your budget. So don’t hesitate – get planning! Start planning today! Let 50gram wedding make your wedding dreams a reality.
FAQ
The amount you should allocate for your wedding budget will depend on your priorities and the type of wedding you envision. Talking to experienced contacts like family and friends is recommended to get a better idea. Alternatively, you can use an online wedding planner platform like 50Gram Wedding to get an accurate estimation tailored to your preferences.
Having a definitive number for your guest list can be beneficial when planning the budget. It helps with deciding on the venue size, catering services, and other requirements that depend on the number of people attending. Setting a guest limit can also help avoid inviting too many people and exceeding your budget.
To cut costs, list everything you need for your wedding day and prioritize them. Eliminate unnecessary items or consider substituting more expensive choices with cheaper alternatives. If you have something in mind that exceeds your budget, explore DIY options or look for second-hand alternatives. Resourcefulness and creativity can go a long way in saving money while creating a memorable wedding experience.
Prioritizing your wedding budget involves listing the most important elements for your special day. This helps you focus your spending on the essential aspects while being flexible with less crucial items. Determine where you want to allocate most of your budget and identify items you can let go of if needed.
To stay within your wedding budget, utilize helpful resources such as budgeting apps designed specifically for weddings. The 50Gram Wedding platform offers a budget calculator tailored to weddings in Malaysia, allowing you to monitor your spending and keep your costs in check. Additionally, seeking professional advice from experienced wedding planners can provide insights on typical costs and tips for saving money without compromising the quality of your big day. Lastly, shopping around and comparing different vendors can help you find the best value for your money.
