Calculate a rough estimate
The first step to creating any budget is to determine how much money you’re able to spend and how much your expenses will be. Calculate you and your partner’s monthly income after taxes and any extra income you may have accumulated from side hustles. Next, you’ll want to determine how much money you’re typically spending each month on rent, food, and other expenses, and subtract that from your income. Also, consider where you can cut costs on non-essentials. This will help you determine how much money you and your future spouse have left over to spend on the wedding.
Other factors you’ll want to consider is if others are chipping in for wedding costs and, if so, how much they’ve agreed to pay. This may allow you to invite more guests or decide to splurge on unique wedding favors, and will be important to include in your budget.