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Phenomenal Chapter 9 Financial Planning Budget Basics Worksheet Answers

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An average wedding will spend 50% of their budget on the reception. This includes food, drinks, and venue. 10% of the budget is spent on the attire. This includes bridesmaid dresses, suites for the groomsmen, as well as the bridal gown. Another 10% is spent on the decorations, and another 10% on music. Plan to spend another 10% on a photographer or a videographer, and the rest for miscellaneous charges. This of course is not set in stone. Your wedding might be much different then this. But when setting up your wedding budget worksheet this is a good place to start.

At the top of any wedding budget worksheet you have the 6 most important categories: the wedding gown, bride's accessories, hair & make_up, groom's attire, groom's accessories and the wedding bands. These are the things that should always be budgeted first. After that, you have the following categories: the ceremony rental, the reception rental and equipment, celebrant's fees and flowers. Once you have budgeted money for these categories of expenses, you've got all the necessary things to get married. But of course, you have to accommodate the guests better than that.

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