Tag Archives: cost of wedding

Planning a wedding for 2017

Couple Walking While Guests Throwing Confetti On ThemPlanning to get married in 2017? Now is as good a time as any to start saving, as the costs can creep up on you without you realising.

Estimates vary as to the average cost of a wedding in the UK.  Some experts say £17,000, some say £20,500, some, after itemising various parts, say as much as £30,111.

Experian research* in 2014, of people recently or soon to be married, found that almost seven in ten (69%) pay for their wedding from savings, while around one in five are using some form of credit, whether that be a card, a loan, or paying in instalments.

In fact, 43% of cohabiting couples had postponed their wedding by an average of a year and two months – due to running into difficulties with their pre-wedding financial planning.

8 quick tips for budgeting for a 2017 wedding

  1. One year to go is a great time to set achievable targets with clear landmarks ahead – and there’s no better target than the big day itself. Continue reading

Experian’s wedding costs guide

The day you get married is as special a day as they come, but wedding costs can often be higher than you think.

Here we take a look at how much weddings can cost, from dating and engagement all the way through to the big day itself – for the bride, the groom, the family, and even the guests,

Love and marriage

Estimates vary as to the average cost of a wedding in the UK.  Some experts say £17,000, some say £20,500, some, after itemising various parts, say as much as £30,111.

What we found
Experian research in 2014* found that the average couple (meaning those either planning to get married, are married or that have been married) say the budget came in at just under £4,000 (£3,998).

However, once they were asked to itemise separate costs, such as the dress, the venue, the rings and the honeymoon, the total average cost leapt up to £6,627 – suggesting that perhaps many of us underestimate how much a wedding will cost. Continue reading

Wedding guest: how much does it cost?

Being a wedding guest should be great fun, but for some of us the ‘wedding season’ can be a source of financial pressure and domestic strife.

In this week’s news, one wedding guest said on the Mumsnet forum she was left ‘utterly gobsmacked’ after being asked to ‘adjust’ the £100 cheque she’d sent, the bride and groom emailing her with the suggestion her gift wasn’t generous enough. The post has so far got over 1,000 replies, the vast majority in support.

An Experian survey* in August 2015 suggested that the rising cost of weddings can rock the boat for many couples, and not just for the bride and groom.
Wedding guest infographic-600

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Wedding costs: how much do people really spend?

The cost of the average wedding:  around £18k

The cost of the average wedding: around £18k

Married life shouldn’t really have to start with debts being paid off, but with the cost of the average wedding reputed to be anything up to £18,000, wedding costs can often be higher than you think – and a potential hit to your credit rating.

Experian research* found that the average couple (meaning those either planning to get married, are married or that have been married) say the budget for their nuptials came in at just under £4,000 (£3,998).

However, once they were asked to itemise separate costs, such as the dress, the venue, the rings and the honeymoon, the total average cost leapt up to £6,627 – suggesting that perhaps many of us underestimate how much a wedding will cost. Continue reading