Tuesday, January 8, 2013

Where is My Wedding Budget Coming From?

I mentioned in the last post that I wanted to keep our wedding under $5,000. That's still a large chunk of change, and I wanted to share how I will be paying for it. Because I like to share all of my personal information on the internet.

So far, here's what I have:
$1,000: coming from generous gift from Grandma :)
$500: winnings from last weight loss contest at the gym (I won first place! Boo-ya!)
$50: Christmas money
$100: Change jar (we've had this going for a year and a half, so I plan on cashing it in for some wedding related expense).

Future plans:
$2,000: Tax return. I don't know exactly how much this will be, but based on previous years I am assuming I'll have about this much to put towards wedding expenses.
$??: Change from Grandma. She gives it to me or my sister as a stocking stuffer each year, but she forgot to bring it on Christmas. It's all her change in a jar and she empties it once a year. No clue the total, but it should be a large chunk of change (literally).
$??: Ideally I will place in the weight loss competition I just joined, although I can't depend on this, of course.

Other than that, I will be pulling money from my regular paycheck to cover the balance. This should be no more than $1500 more dollars over the next seven months, so I that is definitely manageable. I am putting extra money in E-fund each month, but if I have to use some of it that's fine by me. I definitely won't dip below the three month mark at any point, but I already have several savings accounts, so I am not opening a new one for the wedding.

And there you have it. In the coming months, I'll be sharing how we are having a wedding for no more than $5,000. I truly believe it is possible, and that it can be a nice event without busting the bank.

1 comment:

  1. Yay looking forward to your wedding posts! We're getting married next year so I'm all about reading all things wedding related :)