BUDGET PLANNER​ ​CHECKLIST

​Wedding Invitation ​(COVER PAGE)

Budget Planner/Sources
Template attached Below
Include ​ALL​ Sources used for research

Bride perspective essay

1 page; double space; 12 font

Groom Perspective Essay

1 page; double space; 12 font

Family Budget Planner

TEMPLATE ATTACHED BELOW
Include ​ALL​ Sources used for research

‘Perspective Essay’ Guide

-​ ​Were you able to stay within budget? What was final total?

-​ ​What adjustments did you have to make to stay within budget?

-​ ​What surprised you about wedding planning?

-​ ​Now that you understand more about the financial obligations when

planning a wedding, do you think you would go above or below budget

when planning for your IDEAL wedding?
-​ ​Would your budget be higher or lower? What would you have to do in

order to have a higher wedding budget?

Wedding Budget Planner

Budget​: ​$ 30,000
Wedding Date:​ May 14, 2016 #
of Bridesmaids:​ 3
# of Guests:​ 100 # of
Ushers:​ 3

List all costs on the lines below:

CEREMONY & RECEPTION FLOWERS & DECORATIONS

*$2600 Ceremony Location *$335 Ceremony Decorations

$125 Officiant $220 Bride’s Bouquet

$28 Marriage License ***$130 Maid of Honor’s Bouquet

*2600 Venue/Reception-Site ***$130 Bridesmaids’ Bouquets

*$2600 Food/Caterer $100 Flower Girl’s Accessories

$825 Baker/Cake **$107 Corsages

 *$2600 Bar **$107 Boutonniere’s

$450 Transportation $480 Centerpieces

$0 Parking $*335 Reception Decorations

n/a Hotel

$84 +$35 Tips & Coat Check

11,872 SUBTOTAL $1944​ SUBTOTAL

PHOTOGRAPHY ATTIRE & ACCESSORIES

$1295 Videographer $398 Bride’s Dress

*$420 Photographer $36 Headpiece/Veil

*$420 Engagement Portrait $245 Bride’s Shoes

*$420 Wedding Album $200 Jewelry/Accessories

*$420 Parents’ Album $40+130 Hair/Make-Up

*$420 Additional Prints *$63 Groom’s Tux/Suit

*$63 Groom’s Shoes

*$63 Groom’s Accessories

$3395 SUBTOTAL $2,000 **Engagement Ring

152+271 Bride & Groom Wedding

Bands

**Groomsmen Tux/Suit

**Bridesmaid’s Dresses
 $ 3,661 SUBTOTAL

MUSIC

*$350 Ceremony

*$350 Cock-Tail Hour

*$350 Reception

$1045 SUBTOTAL

STATIONARY GIFTS & FAVORS & EXTRAS

$155 Save-the-Date Cards $90.00 Maid of Honor/Bridesmaids

Gifts

$320 Invitations & Envelopes $89.85 Best Man’s/Groomsmen

Gifts

$160 Programs $9.00 Attendants’/Gifts

$115 Seating Cards & Menu Parents’/Gifts
Cards

$123 Thank-You Notes $395 Favors

$150 Postage $20 Ring Pillow

$0 Calligraphy $81 Guest Book

$140 Announcements $780.00 Rehearsal Dinner

$1,165 **Honeymoon

$1663 SUBTOTAL $2,629.85 SUBTOTAL

FINAL TOTAL: $26,209.85

REFERENCES
List all locations/organizations/names/sources on the lines below:
Bridal dress from David’s bridal
Evening pumps from Macy’s bridal shoes
Veil at David’s bridal
adorn.com for rented jewerly
Ring pillow from Michaels
Gifts’ from 4 all gifts.com
David’s bridal.com for bridesmaid dresses
Wedding band from avianneandco.com
Palermo’s Bakery

Ceremony Weddingspot.com Officiant weddingwire.com

Location

Reception Weddingspot.com Caterer Weddingspot.com

Location
Baker Palermo’s Bakery Transportation
Service

Photographer Thepros.com Videographer Thepros.com

Musician Thepros.com DJ Thepros.com

Printer Thepros.com Florist

Tailor Menswearhouse.com Designer David’s Bridal

Hair Salon House of DiCicco Salon Make-Up Artist Muah Makeup

Jeweler adorn.com Gifts: Partycity.com

Honeymoon San Juan Puerto Rico

Rehearsal La Fontanella
Dinner

Additional
Sources:

Family Budget
1. Job: ​ Accountant Salary:​ 47,500
​Subtract Approx. 30% = ​ 33,250
Job: ​ Biomedical Engineer ​ Salary:​ 51,000
​Subtract Approx. 30% =​ 35,700
(Federal Taxable Wages/Withholding, State Taxable Wages/Withholding,

Medical, etc.)
2.​ ​Total your family’s ​monthly​ salary:​ $ 5,745.83

3. Fill in the blanks on a ​MONTHLY​ basis​.

Needs:
Groceries: $210
House/Apt Payment:$900
Furniture: $800
Electricity: $65
Transportation:$180 (24 months)
Transportation:
Gas: $50
Home/Tenant Insurance:​ $12
Car Insurance:$400
Medical Emergency:​ $25
Misc.
*Student Loans: N/A

4. Determine how much money is left after the ​needs ​have been met.
$503.83

5. Fill in the blanks on a ​MONTHLY​ basis

Wants:
Clothing: ​ $200
Entertainment: $70
Cable:$43
Internet:​ $43
Phone:​ $0
Cell Phone:$150
Vacation/Travel:​ $0
Landscaper:​ $0
Housekeeper:​ $0
Decorations:
Misc.
Club/Gym Memberships:​ $0
*Savings:​ $2600
*Savings indicate the amount of money you can/want to put away a month.
5. If there is no money (or not much) left for your wants and goals,
decrease these items accordingly. List changes:

Monthly expenses are $3,148, which leaves us leftover with $2597.83 each
month.

6. Decide how you are going to save. Be specific about the form of
savings.
(Near-term/mid-term/long-term: Checking, Certificate of Deposits, 504, etc.)

- Placing 45% of income into savings before spending. Saving up

money long term before buying a house.

7. What other needs, wants, or goals should be added? Figure those into
your budget and list below.
- Buying a house
- Buying another car
- Eventually investing money in stocks

8. ​Unforeseen Economic Forces and Their Effects:​ Inflation

 Which needs and wants would increase in price with inflation?
Gas goes up, consumers less likely to spend businesses have a hard time

How would the budget have to be adjusted to combat the effects of

inflation? Be specific.
In order to combat the effects of inflation, the budget on things like
entertainment would most likely be lowered.

9. ​Unforeseen Economic Forces and Their Effects:​ ​Unemployment

The member of your family who makes the least amount of money is
fired/laid off for four months with only $300.00 a month in unemployment.
What effect will this have on your family?

Be specific about the changes that will need to be made to the budget.
If one of us were to be laid off, We woudl definitely have a harder
time coping. We we would most likely have to dig into our savings. LUckily,
he had been saving around half of our monthly income in order to prepare
for things like this.

Can you get to your savings? (Is it accessible?)

If this family member were out of work for six months, would your
family survive?
If this were to happen, I think that we would be able to get by
because of the amount of money that we have saved. It will not last forever,
but it should last long enough until another job is found.

10. ​Unforeseen Expenses and Their Effect:​ Babies

 A new baby is to soon enter the household. Budget into monthly needs
approx. $680.00 for daycare, $150.00 for formula/baby food, and $150.00
for diapers.
In what other budget areas might adjustments have to be made to
accommodate the new family member? Be specific.
To accommodate, we would most likely lower the budget on clothing and
entertainment and have to take money out of the amount we save every
month. Instead of saving 45% , we would probably save only 35% in order
to take care of the baby.

How does the new addition to the family impact the "family" budget?
Explain.
The new addition impacts the family budget becasue we would have
to raise the price of necessities like food, clothing, insurance, and rent. We
might also have to find a bigger apartment/house if ther are any more
additions to the family.