Can A Wedding Planner Save Me Money?

wedding budget worksheetA lot of websites and blogs claim that hiring a wedding planner can save you money. And a lot of brides and grooms read that as, “I’ll get discounts.” In today’s post, we’ll explore this topic in detail.

Prioritize Your Budget

The best way that a wedding planner can help you save money is by helping you prioritize your budget. He or she should sit down with you to discuss what is most important to you – fantastic view, great food, terrific band, lush floral displays to name a few. Then we’ll look at your total budget, and offer suggestions on how best to splurge on your top priorities will cutting back on the things that aren’t important to you. It’s best to do this before you book any other services, so that you aren’t locked into anything that won’t fit into your budget.

Avoid Making Expensive Mistakes

Couples often dive into booking a venue or a photographer or a dress before they allocate their total wedding budget into smaller categories. An example may be:

My wedding budget is $40,000, so this venue with the $20,000 food and beverage minimum will be perfect.

In theory, this sounds great. Food and beverage costs are typically somewhere between 40% and 50% of your total budget. ┬áBut let’s look a little closer. That same venue has an average menu price of $150 per person. You’re expecting 200 guests. That brings the total to $30,000. Add on tax and gratuity, plus room rental fees, bartender/chef charges, and other miscellaneous expenses, and you could easily be a $40,000 spent AT THE VENUE ALONE. You still need a dress, entertainment, flowers, stationery… the list goes on and on.

With the help of a good planner, you can avoid the costly mistakes by having a pro analyze your decisions with you and help you get the most bang for your buck.

Relationship-Based Discounts or Upgrades

It is true that your planner may be able to offer some discounts or upgrades from time to time. For example, your planner may rent $20,000 worth of linens from the same rental company each year, so he or she may get a discount on their orders that may be passed on to you. A photographer that really likes working with your planner may throw in a complimentary engagement session or upgrade you to a better album in order to get your business. A baker may not charge a rental fee on a cake stand because she trusts that the planner will return it promptly and in good condition.

While “saving money” shouldn’t be a top priority when choosing a wedding planner, it is a definite perk that you should look into.