âWhen we started doing research, we were like, âOh this is not at all what we had in mind.â We were just so naĂŻve,â says Whitten. âWe could find what we wanted, but not in our budget for the number of people we wanted.â The couple had initially budgeted $10,000 for a reception for 200 people, but they couldnât find a venue they liked for less than $150 a plate, which would have cost them $30,000. Even after scaling back their guest list to 120 people, they were still significantly over budget.
After investigating four venues in New York City, where the couple lives and the average wedding costs more than $46,000, according to New York magazineâs Winter 2008 Wedding Guide, they decided to move the wedding upstate to Poughkeepsie, New Yorkâsaving about $6,000.
âAt first we laughed at the idea. But you want the best value for your money. We saw that there were beautiful venues, with great food, and the kind of traditional wedding you envision when youâre a little girl,â says Whitten. âAnd we didnât sacrifice our guest list of 120 to 140 people, or our budget.â With help from both sets of parents, the couple plans to spend about $23,000 on their September nuptials and is blogging about it at http://bridegroomandbroom.blogspot.com.
In this economy, couples are doing whatever they can to keep costs down, from moving the location to changing the date. A March survey by The Wedding Report Inc., a research company that tracks trends for the wedding industry, found that two-thirds of respondents are considering cutting their budget due to the uncertain economy. All that downsizing is having an effect on the $60 billion wedding industry. The average cost of a wedding dropped 12% to $19,219 in the first quarter of this year, following a 24% drop last year. The trends are toward smaller weddings, single sites for ceremonies and receptions, and do-it-yourself projects.
âThe economy is making weddings a buyerâs market. Couples have much more leverage to negotiate with vendors today than they did a year or two years ago,â say Alan and Denise Fields, authors of Bridal Bargains: Secrets to Throwing a Fantastic Wedding on a Realistic Budget (Windsor Peak Press; $14.95). âWe are seeing this in the declining average price for a wedding.â
Last year, couples spent an average of $1,940 on full-service wedding planners, according to The Wedding Report. But when money is tight, this is one of the first things to get axed. However, Deborah Moody, director of the Association of Certified Professional Wedding Consultants, says that could be a mistake. âConsultants save you money because they save you time. Couples save an average of 15% to 20% by using a certified wedding consultant, depending on the services they request,â she says. âAnd consultants usually have a relationship with other wedding professionals, who are sometimes willing to pass on special benefits and cost savings.â
If money is a concern, Moody suggests hiring a professional for an hourly consultation, during which you can ask questions and get help getting started. You can also choose an Ă la carte package, which lets you select only the services you desire; or a wedding day management package, which provides a âday ofâ coordinator, who will direct and manage the events on the big day.