3 Budgeting Tips to Help Save for Your WeddingJanuary 9, 2017 by The Marquardt Ranch
Weddings are once in a lifetime events, and they should be spectacular. They mark a major and exciting occasion in one’s life. Sometimes, though, that big moment can also come with a big price tag. In order to help you save for your wedding, we’ve gathered a list of three tips that can add up in major ways!
Limit the $5 Lattes
Let’s just face the facts—we Americans love our coffee. But if we do some math, we can see that saying “yes” to coffee every day means saying “no” to spending that money elsewhere. Say you spend five dollars every weekday on coffee–that’s $25 per week spent on coffee alone. Multiply that by 52 and you get a whopping $1,300 per year! Maybe you spend a bit more than that or a little less, but either way the average American spends $1,100 per year on coffee according to ABC. Save some serious cash by brewing your own coffee and taking it with you or by cutting down on the number of times per week you buy specialty drinks.
Cut the Cable
Of all the channels that cable gives you, how many do you really watch? Chances are, less than twenty, yet the average cable bill is about $64 per month. All in all, that’s almost a thousand dollars per year. Some people pay as much as $1,200 or more a year. That’s a steep cost for what’s actually used. Instead of sinking dollar after dollar into something you don’t actually use all that much, consider switching your package to one that includes fewer channels, subscribing to an online provider instead, or cutting television out entirely. Evaluate your viewing habits to determine what will work best for you, and remember, even the smallest amounts saved can make a big difference when added up over time.
Find Your Freelance Niche
If you have a skill, consider offering that on the online marketplace. Maybe you have a penchant for planning events, or maybe you have an eye for proofreading or writing articles. In today’s internet age, you really can do almost anything from anywhere. Update your LinkedIn profile and promote yourself online. This is a great way to bring in a little extra money on the side.
Benjamin Franklin said, “A penny saved is a penny earned”. By cutting back on excess spending and using skills you already have to bring in a little extra money on the side, you can help make the wedding of your dreams a reality.
Do you have any tips or tricks for saving for your wedding? Let us know in the comments below! Happy planning!