Budgeting is probably one of the most difficult things about planning a wedding. The most magical day of your life costs a lot of money. We talked to Jessica Shaulis, a financial advisor with First Command Financial Services, and asked for her advice on staying financially stable.
“You both need to sit down together and create an reasonable expectation,” Shaulis says. As much as you would prioritize paying for retirement or college for your children, your wedding will have a similar idea. Make sure you know whether you’re willing to spend more money on the cake or the flowers and aware if he cares a lot more about the food being served than the quality of his tuxedo. “There’s only so much money available,” Shaulis says. “Be honest with your vendors.”
Even outside of the wedding budget, Shaulis encourages every couple to stay informed on their overall finances. “Educate yourself on your finances. The man is not your plan,” Shaulis says. “Be involved in the budget and ask questions.”
Shaulis was meeting with couples in our Greater Virginia Bridal Show in Fredericksburg this past Sunday! She also gave away a year’s worth of financial planning to one lucky bride. If you’re interested in learning more about your finances, find her with First Command!