Apr 23, 2021 ●12 min read
6 Tips to Plan Finances for your Wedding
Weddings are the most special day of anyone’s life. Most of us dream of a grand wedding at the most luxurious place in our dream trousseau with our most loved ones having exotic meals and enjoying their heart out. At the same time, it is also a well established fact that weddings are an expensive affair.
Dreams and reality are two different things but by making a realistic budget, you can come close to realizing your dream without derailing your long-term financial goals. Here, we are offering you some tips to plan finances for your dream wedding and how to avail marriage loan.
Now, when you have decided to tie the knot, first of all you have to decide on the wedding date.
Wedding season in India is usually after Diwali and during summers. If your finances allow, you can decide on the date in the wedding season but, if you want to cut unnecessary costs, you can finalize a date in off-season. It will bring down the financial burden to some extent.
Along with deciding the date, you have to decide the number of events you want to keep. If your finances allow, you can plan Sangeet, Mehndi, Wedding and Reception on a grand level. And if you are short of funds, you can decide on the scale of these events and even you can reduce the number of events.
It is always advisable that you make a budget for yourself and stick to that budget.
Next, you have to decide on the guest list. It always depends upon how grand or simple you want to keep. Number of guests and the expenditure are both correlated.
If you want a budget wedding, keep the guest list short but if the finances are not a restraint, you can call the guests as many as you wish to. So, check and re-check the guest list. Review it as many times as needed and then finalise it.
Next, you need to decide on the wedding venue. If you have plenty of finances, you can go for a destination wedding, theme wedding etc. but if you want a budget wedding, for that also you have so many options in which you can make your dream come true.
Other than the destination wedding, you have the options of Luxurious Lawns, Resorts, Five Star Hotels, Banquet Halls and so on. You want your wedding in the country or abroad, all that depends on the finances available with you.
Food is the integral and the most important part of any wedding. Sometimes it becomes really difficult to decide on the menu when you have the options of the exotic food from around the world and mouth watering traditional dishes.
Go through your guest list and see what type of food they are going to enjoy the most. It can be the most famous street food of your area or traditional food of our different states or the famous dishes from different countries.
Always focus on the quality rather than quantity. Everyone will remember the taste and quality of the food and of course your hospitality rather than the number of dishes on the platter.
While deciding the decor, there are a wide range of options available. You can go for a themed option or you can opt for a simple decor with flowers etc.
So, both, catering and decor depend on your finances and budget.
Now comes the most exciting part, shopping. Shopping for wedding dresses, jewellery, gifts etc. occupy a major part of your wedding budget. Spend wisely on all the items. If you want to go for big brands and designers, do some homework. Even big designers also offer some very affordable range too. So, select wisely and make your big day a memorable one.
You can find many priceless options in your mother or grandmother’s closets. You can convert their old traditional sarees in some modern and exciting outfits. Even traditional jewellery is a rage. You can use it as it is or you can exchange it with the latest options.
While deciding on the gifts, there are a variety of options available. Depending on the budget, you can decide on the gifts.
Photography and videography are one of the most important things, which keep your memories alive and you can enjoy them life long.
Pre-wedding shoots, wedding and reception photos and videography hold a special place while planning a wedding. So, decide on the photographer wisely. Look into his portfolio and the price he demands, then watch your budget and decide.
So, now you know how to plan for your wedding finances. We all know that an Indian wedding is an expensive affair. If you and your parents have savings for the wedding expenses then you can just enjoy the planning and wedding as well. But if you are low on funds, no need to feel disheartened.
We, at Zavron, know that a wedding is a dream which must be realised without any stress and that too without emptying all your or your parents' savings. We offer you a Personal Loan, which is an unsecured loan which can be repaid with interest in easy installments and help you to make your dream come true.
If you think you are falling short of finances for your wedding you can get an instant personal loan from Zavron Finserv. Here is the guide for you:
❖ Visit our website www.zavronfinserv.com
❖ Click on ‘Apply Loan’.
❖ A loan application form will open, just fill it.
❖ Submit the form after filling the correct information.
❖ Your form will be verified quickly.
❖ If eligible, you will need to submit the following documents:
- Aadhaar Card
- PAN Card
- 3 months’ Salary slips or income tax returns
- Self-employed individuals will need to submit Bank Statements of the last 6 months and salaried individuals of the last 12 months.
❖ After verification you will be informed about the loan amount you are eligible for.
❖ Soon after the verification, the loan amount will be disbursed to your account.