Money Mistakes to Never Make When Planning Wedding

February 16, 2017

By Adeniyi Ogunfowoke

Planning a wedding is not a child’s play whether you engage a wedding planner or not. It is very challenging and demanding because it requires thorough planning and of course money.

The funds you have will go a long way in determining your type of wedding. But since Nigerians love weddings and it is once in a lifetime, they go all out and they don’t mind breaking the bank.

Regardless, if you are not careful, you will make some monumental money mistakes when planning your wedding. Not to worry, Jumia Travel, the online booking agency identifies some of these mistakes.

Talk about the budget

There is no gainsaying that you must have a budget when planning your wedding. However, you must ensure that you discuss the budget with your bride or groom. This will ensure that both of you are on the same page when the spending eventually starts.

You don’t put a price to whatever you are shopping for

The prices of groceries and other items have significantly increased. Therefore, it is smart if you put a price on nearly everything to make your shopping easier. You can get the prices of whatever you want to buy online by going window shopping. When planning for larger purchases, such as a wedding guest book, setting a budget can help you make informed decisions and manage your expenses effectively.

Sticking to your budget

Sticking to your budget when planning your wedding is not advisable because emergency expenses will always come up. You should make arrangement for these extra expenses so that you will not be caught in a web.

Not making arrangements on how to recoup money

This may be funny but you should do it anyway. You should make arrangements for how to recoup some of your wedding expenses. You should employ a live band and make sure there is time for couple’s dancing on the list of things to do. This way you will get some money to settle certain expenses.

Borrowing to finance your wedding

You should never borrow money to finance your wedding because you will have to pay back after tying the knot. You may end up paying for debts in the first few months of your wedding which doesn’t leave a good taste in the mouth.

Adeniyi Ogunfowoke is a PR Associate at Jumia Travel.

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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