EVERY
EVERY GIRL DREAMS OF HER WEDDING DAY.
WEDDING DAY. TEN SECRETS FOR THE BRIDE ON A
BUDGET.
BUDGET.
BUDGET. TAX AND FINANCIAL EXPERT.
WELCOME BACK, ANDREW.
>> THANK YOU FOR HAVING ME.
>> I ALWAYS LOVE CHATTING WITH
YOU ABOUT HOW TO KEEP OUR
FINANCES IN ORDER.
LOOKING TOWARDS THE FUTURE.
IF YOUR FUTURE INVOLVES THAT
BIG WEDDING DAY, BREAK IT DOWN
FOR US.
FOR US.
FOR US. LET'S TALK FIRST ABOUT THE
AVERAGE WEDDING COST.
BETWEEN 30 TO 23,000.
I MEAN, THAT IS ALMOST A DOWN
PAYMENT OF A HOUSE THESE DAYS.
SO I WOULD SAY DON'T MORTGAGE
YOUR MARRIAGE.
YOUR MARRIAGE. START OFF IN DEBT, WE HAVE
PROBLEMS.
PROBLEMS.
PROBLEMS. IF YOU ARE 30.
HAH.
HAH.
HAH. TO
HAH. TO $40,000.
TO $40,000. >> IT REALLY IS.
AND I CAN REMEMBER EVEN -- WE
GOT MARRIED, IT WAS LATE 2006,
AND THEN THE RECESSION CAME YOU
KNOW NOT VERY LONG AFTER THAT.
AND THERE WERE MOMENTS AND SOME
TENSE WORDS WERE THROWN OUT
ABOUT WELL, MAYBE WE SHOULDN'T
HAVE SPENT THAT MUCH ON THE
WEDDING.
WEDDING.
WEDDING. YOU DON'T WANT THAT TO COME
BACK AS AN AREA OF CONTENTION.
>> I WAS WED IN 2002.
I HAVE GOT YOU BEATEN BY A FEW
YEARS.
YEARS.
YEARS. IT
YEARS. IT WAS THE SAME THING.
STRESS, AND TRYING TO SOMETHING
EVERYTHING, -- MANAGE
EVERYTHING.
EVERYTHING. AND EVERYWHERE YOU GO, PEOPLE
ARE TELLING YOU THEY ARE THE
MOST IMPORTANT PART OF YOUR
WEDDING.
WEDDING.
WEDDING. IT IS A STRESSFUL SITUATION.
>> IT IS.
>> IT IS.
>> IT IS. DON'T MORTGAGE THE MARRIAGE.
>> THAT IS NUMBER ONE.
NUMBER TWO IS THAT INFLATED
GUEST LIST.
GUEST LIST. I DON'T KNOW HOW MANY GUESTS
YOU HAVE.
YOU HAVE.
YOU HAVE. >> 160 WHICH IS ABOUT 100 MORE
THAN JIM WANTED.
>> WE HAD YOU BEAT AGAIN.
LET ME TELL YOU WHAT.
WE GOT MARRIED AFTER MY BIG FAT
GREEK WEDDING HAD JUST COME
OUT, AND EVERY ONE OF OUR 200
GUESTS SAID THAT IT WAS MY BIG
FAT GREEK WEDDING IN MY VISION.
THEY SAID WHEN ARE YOU GOING TO
DO IT AGAIN?
NEVER AGAIN.
NEVER AGAIN. OUR GUEST LIST KEPT GETTING
BIGGER AND BIGGER.
WE WERE TRYING TO CONTROL IT
AND WE ACTUALLY CONTROLLED IT
AT 200.
AT 200.
AT 200. YOU HAVE A 200-PERSON WEDDING
THIS DAY AND AGE, YOU ARE
PAYING PROBABLY WELL OVER 40 OR
50,000 BUCKS, BUT MY RULE OF
THUMB HERE, START WITH YOUR
GUEST LIST.
GUEST LIST. WHOEVER YOU WANT, FRIENDS,
FAMILY, NEIGHBORS, COLLEAGUES,
WHOEVER; RIGHT?
WHOEVER; RIGHT? AND THEN GET IT DOWN BY 20%.
USE THE 20/20 RULE.
ARE YOU GOING TO NARROW THAT
DOWN BY 20%.
LET IT SIMMER.
YOU HAVE TO THINK ABOUT IT AND
TALK ABOUT IT AND NARROW IT
DOWN BY ANOTHER 20% AND YOU
WILL QUICKLY REALIZE HOW SMALL.
>> YOU NEVER LIKED BILL.
COME ON.
COME ON.
COME ON. HE'S OUT.
HE'S OUT.
HE'S OUT. THE NEXT ONE.
THESE ARE GOOD.
SO THE NEXT ONE IS AFTER WE DO
THAT, WE NEED TO GO PAPERLESS;
RIGHT?
RIGHT?
RIGHT? LOOK AT WHERE WE ARE THESE
DAYS, SO, YES, A LOT OF PEOPLE
LIKE TO BE TRADITIONAL, BUT THE
REALITY IS PEOPLE HAVE
SMARTPHONES, E-MAILS.
SMARTPHONES, E-MAILS. WHY NOT GO PAPERLESS.
END THOSE INVITES OUT.
WE HAVE BEEN INVITED TO
WEDDINGS ELECTRONICALLY.
WEDDINGS ELECTRONICALLY. >> WELL, I DON'T KNOW.
THERE STILL IS SOMETHING ABOUT
GETTING THAT PAPER INVITE.
AND YOU KNOW, IT'S BEAUTIFUL
AND STYLED.
AND STYLED. BUT I GET IT.
AGAIN, IF YOU ARE TRYING TO
SAVE MONEY, GO WITH PAPERLESS.
>> IF YOU ARE TRYING TO SAVE
MONEY.
MONEY.
MONEY. YOUR INVITATIONS AND THANK YOU
CARDS AT THE END OF THE
WEDDING.
WEDDING.
WEDDING. YOU CAN EASILY GET THAT
THOUSAND BUCKS.
THOUSAND BUCKS. SO YOU CAN STILL MAKE IT NICE
AND INTIMATE BUT THAT IS ONE
THING YOU SHOULD CONSIDER IS
GOING PAPERLESS.
GOING PAPERLESS. WE ALL HAVE OUR IPHONES AND THE
IPAD AT THE TOUCH OF A BUTTON.
A LOT OF PEOPLE PREFER THAT
THESE DAYS.
THESE DAYS. THAT IS MY TAKE RIGHT THERE.
I KNOW YOU ARE A LITTLE MORE
TRADITIONAL.
TRADITIONAL. >> I AM A LITTLE UNCOMFORTABLE
WITH THAT.
WITH THAT. >> THAT IS SO FUNNY.
>> THE NEXT ONE IS THE DATE.
WHAT MONTH DID YOU GET MARRIED?
>> NOVEMBER.
>> NOVEMBER. >> SEPTEMBER FOR US.
SEPTEMBER IS THE MOST POPULAR
MONTH.
MONTH.
MONTH. >>
MONTH. >> IS IT REALLY?
>> IT IS SEPTEMBER AND
OCTOBER.
OCTOBER.
OCTOBER. NOW, WE OFTEN THINK MAYBE MAY,
JUNE, THE SUMMER USED TO DO.
BUT SEPTEMBER.
BUT SEPTEMBER. PARTICULARLY BECAUSE A LOT OF
PEOPLE LIKE SEPTEMBER.
IT IS NOT AS HOT AND HUMID.
SO SEPTEMBER HAS BECOME THE
MOST POPULAR MONTH.
SEPTEMBER AND OCTOBER.
>> SO PICK NOT ONLY MAYBE AN
OFF MONTH, BUT WHAT I ALSO
LEARNED -- I DID NOT DO THAT.
LIKE A SUNDAY OR A FRIDAY.
INSTEAD OF BEING THAT SATURDAY.
>> SATURDAY IS UNDOUBTEDLY THE
NUMBER ONE DAY OF THE WEEK WITH
FRIDAY AND SUNDAY RIGHT THERE
WITH IT.
WITH IT.
WITH IT. >> AND YOU CAN SAVE HUGE JUST
BY DOING IT ON A SUNDAY
AFTERNOON.
AFTERNOON. >> OH, YEAH.
THE TIME YOU DO IT.
EITHER AN AFTERNOON SESSION.
WHAT ARE THE TRADITIONAL DAYS?
SATURDAY EVENING.
SATURDAY EVENING. EVERYTHING IS FIGHTING FOR THAT
SAME TIME.
SAME TIME. LOOK, AT THE END OF THE DAY,
THERE SHOULD BE POPULAR VENUES
AND THEN THERE IS THE WEDDING
DIRECTOR AND THERE IS
EVERYTHING.
EVERYTHING. WE'RE ALL SUPPLY AND DEMAND.
SO THERE ARE LIMITED RESOURCES
AND EVENTS WHERE EVERYONE IS
FIGHTING FOR THEM.
IF YOU ARE GOING TO BE FIGHTING
FOR THAT SPOT, EXPECT TO PAY A
PREMIUM.
PREMIUM.
PREMIUM. >> ABSOLUTELY.
>> ABSOLUTELY. WE HAVE A MINUTE LEFT.
I WANT TO TALK ABOUT SOME OF
THE OTHER ONES QUICKLY.
DON'T MENTION THE W WORD WHEN
YOU ARE PICKING OUT VENDORS.
>> WHEN YOU ARE STARTING TO
VENDORS.
VENDORS.
VENDORS. IF YOU START OUT OF THE GATE
MENTIONING THAT IT IS FOR A
WEDDING.
WEDDING.
WEDDING. YOU WILL SEE THE REAL COST.
>> YOU'RE LOOKING FOR A PARTY.
MAYBE SOMETHING OTHER THAN A
WEDDING AND YOU WILL GET THE
REAL COST.
REAL COST. >> AND I WANT TO GO STRAIGHT
DOWN TO NUMBER TEN.
PAY WITH CASH UP FRONT.
>> YEP.
>> YEP.
>> YEP. THINK ABOUT IT.
CASH UP FRONT.
YOU MIGHT BE ABLE TO GET A
DISCOUNT.
DISCOUNT.
DISCOUNT. WE HAVE SEEN DISCOUNTS
DEPENDING ON THE VENDOR.
IF IT IS MOM AND POP VENDORS
VERSES LARGE COMPANIES.
CASH WILL GET YOU A LITTLE BIT
FURTHER AND SAVE YOU A LITTLE
BIT MORE MONEY.
>> AWESOME.
>> AWESOME. GREAT TIPS AND WE'RE GOING TO
MAKE SURE WE POST THESE ON OUR
FACEBOOK PAGE.
FACEBOOK PAGE. CHECK THEM OUT.
GET HIS ADVICE ON HIS WEBSITE.
EOULOS.
EOULOS.