5 Expert Tips on Planning an Affordable Wedding

 

Indian weddings are mostly a grand affair. There are countless functions like Ring Ceremony, Mehendi, Haldi and Sangeet before the big day. These timeless pre-wedding rituals define the essence of our eclectic culture. But not many might be able to bear the brunt of the financial aftermath. This is especially true amid a pandemic situation. The good news is that you can still have a fabulous wedding ceremony without going into debt.

All you have to do is manage your finances smartly. Realistic planning and preparation save quite a lot from the budget. There is no need to compromise on your special moments. Look at a few smart ways to cut costs if your wedding is still a year away.

1.      Consider a Fixed Deposit

A good way to start planning your wedding is to open an FD. The best bank lets you begin from ₹10,000 and enjoy high fixed deposit interest rates. Watch your wealth grow safely and steadily since FDs are not market-linked. You will receive an assured sum at the end of the maturity period. All you have to do is avoid breaking it via premature withdrawals. The top bank professionals make the online FD application quite easy. The money can be used to ease the financial burden of the wedding.

2.      Non-Traditional Venues

Try to skip lake palaces, luxurious farms and sprawling banquets. Go for the out-of-the-box ones like botanical gardens or community centres. You can also hold it at someone’s property with a big backyard. This is quite feasible if you have a compact guest list. You will be able to supply own catering and décor from local vendors. This saves you from booking expensive mandatory packages.

3.      Weekday Wedding Date

Wedding venues usually struggle to fill the weekdays. You might be able to negotiate and settle on a lower price by choosing a mid-week day. Try to book at least 6-7 months before the wedding date. Go for the spring season instead of summers since it is less popular and can help crack an affordable deal. Try to open a fixed deposit in India at least 1-2 years around your estimated wedding year. 

4.      Recruit Friends and Family

This serves as a dual purpose of involving the family while taking wedding favours. Assign small jobs to your uncles and aunties. For example, photography, tending to the food counter, arranging the lights and flowers or similar tasks that the ceremonies entail. Utilizing personal networks instead of hiring professionals can save a great deal of money. You do not have to use a big chunk of your online FD to cater to these additional services.

5.      Wedding Dresses

Indian lehengas and sherwanis are often priced sky-high. This is simply due to heavy embroideries, glassworks and embellishments. Try to purchase simple attire at an off-season. This can help you get amazing deals and discounts. Avoid the high-end designers. Consider renting instead at half prices for the pre-wedding functions. This saves quite a lot to splurge on excellent bridal couture on your big day. 

Make the best use of a fixed deposit calculator in India to get an estimate of the matured amount. This helps in planning different expenses in moderation for a successful wedding.