When someone asks you what your wedding budget is, do you have an answer?
Do you have a savings plan? If you're like many of us, it can be
Do you have a savings plan? If you're like many of us, it can be
difficult to get by even without spending money on a wedding. These
foolproof savings plans may seem silly, but they are great ways to save up
change!
One $5 Bill at a Time
This savings tip requires you to spend cash instead of carrying around your
cards, but the habit you create is one that you could very well carry
into post-wedding life, and continue saving! The only thing you have to
do is save all of your $5 bills! Every time you get change, stash those $5 in
your wedding savings shoebox. You'll be amazed at how quickly those $5
bills will add up to hundreds of dollars.
Honeymoon Now, or Honeymoon Later
It's becoming a popular option among brides and grooms to take a
delayed honeymoon. Instead of jetting off the day after the wedding,
spend a few months soaking in that newlywed bliss, all while still looking
forward to your honeymoon! This will allow you extra time to save for the
trip and gives you that extra money to spend on the wedding.
Budget Master
Does your budget tend to get away from you most months? Do you have
the best intentions of saving more this time but you still find yourself
unable to do so? The answer is envelopes- that's right, envelopes. Take
each of your expendable bills (groceries, gas, wine, restaurants,) and label
an envelope with each expense. Budget what you plan to spend every month
on each, take the cash out and put it in the envelopes (and put
them somewhere safe!) Spend no more than what is physically there.
Make it a game. See how much you can have leftover in each envelope
at the end of each week or month. You'll be impressed with how much
money is left over for saving when you stick to this method!
A Little This Week, A Little More Next Week
This is an easy way to start a savings plan that may seem intimidating.
Some people prefer to walk into a pool, starting with their toes and,
eventually, slowly submerging themselves. This method involves money,
not a pool (sorry- it's not your honeymoon yet!) Do this savings plan at a
rate that is comfortable for you and your budget. For example, start week
1 by saving just $10. Next week, save $12. The week after that, save $14.
By adding just $2 onto the total saved each month, you'll have $286 in 13
weeks. Of course, you can always save more if you feel your budget allows it. But the point is,
building slowly makes saving feel more possible!
building slowly makes saving feel more possible!
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