Planning for a Dream wedding? Here’s what you should do

Marriage is one of the most important milestones in a person’s life and unfolds a new phase where a person shares her/his life with another person. This marks the beginning of a new innings in a person’s life and needless to say that the occasion of a marriage is something that a person wishes to hold on a grand scale.

Choosing to marry the love of your life and making a whole gala event out of it is a dream that many of us have. The key is to ensure that your dream wedding is planned well in advance and everything is taken care of. This is where financial preparedness and careful planning comes to your aid.

To many people, initially the wedding planning may look like a simple affair - just choosing from the list of available options for the big day. However, the fact is that planning for your dream wedding is a matter of intricate responsibility and can dig deep into your finances. Therefore, it is very important to ensure that everything is properly organized and every task is systematically executed.

Here are some important tips that can help you in planning your wedding:

1. Plan well ahead of schedule:

This involves sitting down with your partner and deciding the “type” of wedding that both of intend to have. Some people may prefer the traditional setting with a long guest list, while others may prefer a quiet, intimate wedding with just family and close friends in attendance. Therefore, it is important to take the views of your partner and have a mutual plan ready.

2. Be open to your partner about money factor:

These days, budget weddings or simple, quiet weddings are increasingly being viewed as a healthier option that a complex, expensive and wasteful event. Financial worries and the increasing costs of traditional wedding schedules are main reasons for this. You obviously would want to have the wedding that you like without many financial hassles. Thus, it is important to be open with your partner and talk about the monetary factor.

3. Set a budget and stick to it:

Budgeting is very crucial for you to be financially ready for your wedding. Decide with your partner and if required, with the families and set up budget. You must stick to the budget and not give in to wasteful expenses that you didn’t initially want. There are many informative sites and articles on the Internet which can guide you on how to plan an Indian wedding. You can always ask for the assistance of wedding planners to design your budget. Under normal circumstances, the actual cost may shoot up by anything between 10-30%. This must be kept in mind while working on the budget plan.

4. Wedding timelines and booking schedules:

Managing wedding timelines means making a closed loop of different ceremonies and guests. Guests invited to a wedding should be intimated well in advance. It should be anything between three to six months before the wedding day. This will help guests plan their trips accordingly. The wedding guest list consists of some confirmed attendees along with a few dicey ones. It is done to make sure you don’t end up expanding budget with any additional arrangement.

Financial security is the key and for that it is important that your finances are insured against risks at all times. HDFC Life offers numerous such insurance plans that are meant for your financial freedom while you plan your future events without any worries.

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ARN: ED/12/19/17049