Justifying a wedding (financially)

One of my passions is to "defend" a wedding against attacks of superficiality, materialism, or over-consumption. Why? Because I believe RITUALS are extremely powerful and we have almost none in America. A prom is probably the first ritual (or debutant ball if you're in the south.) High school and college graduations are rituals, and funerals are rituals. But notice most are very public for a mass of people, and then one is a last-minute, sad event where someone has to DIE for the event to happen.

So here we sit, my husband and I. We're on a new, slow ramp to more financial freedom after taking massive pay cuts to switch careers (more soul-fulfilling but not so good at bill-paying!) We're going to acquire a small pot of money from an estate sale and the question is what to do with the money.

Sometimes this is when your parents agree to put a chunk into your wedding. Or perhaps you're considering taking on a second job, or consulting gig, or dipping into savings, to help bring in more cash for your big day. No matter the situation, it is a very vulnerable thing to put a lot of money into ONE day, particularly when it's not a single object with great financial loan options (like with cars or homes.) In our situation, we're considering remodeling our basement (doing all the labor ourselves, which will save a lot of money.)

Some of the emotion is inside your head. "A basement remodel?" It sounds so silly compared to what we could spend our money on. We could all go to the dentist (no dental insurance), we could upgrade my car (small sedan and our tall kids legs are up against the front seats), on and on. But we spend 90% of our non-kid time (evenings and naptimes) in the basement and it would greatly improve not just our daily lives but our home value and family life as the kids get older.

In the case of a wedding, you hear all the comments. Flowers die in a day. The dress can only be worn once. Guests don't use the favors. A cake is eaten and gone. You're only in the limo for a short time.

On the flip side, every vendor has a sale pitch to counter any negative thoughts. Flowers/music/food set the entire TONE of the day. The dress is an icon of a wedding and can be passed on for generations. The music is what makes the experience enjoyable for guests.

Money. Such a frustrating, fascinating topic. We all have our patterns of how we spend or save, and we all have opinions on how OTHERS should spend or save! This is one reason we're happy to sell our Money Habitudes card game - a fantastic way to quickly, easily, and without feeling bad (or overly proud), figure out your own money motivations as well as your partners. Check it out and maybe get your friends to do the game, or your parents. I was surprised to learn how much money represents security and safety to me, because I'm sort of frugal, but not to the point of overly spending time on bargain hunting, or "DIY projects." Growing up babysitting, I was able to afford spending a summer in Europe on my $2/hour babysitting jobs, which just sat in the bank account!

How have YOU justified the money or are you having issues defending your decisions? Do comment!

How Ikea is like Wedding Planning

My husband, a marriage therapist, just opened a new office. This has meant a lot of trips to Ikea, a lot of shopping for things we haven't purchased ever, or in a long time. And it means figuring out the style you want, how much we are willing to spend for that style, and the needs of the couples who go to him for counseling. It also means figuring out how to pay for all the new furniture.

For those who have an Ikea near them, you know it's a great place to get very affordable furniture, textiles, and miscellaneous decorative items like mirrors, vases, storage units, etc. Some say it isn't "real furniture" because it's not top quality. Their mission is to provide great style and functionality at a highly competitive price. And it fits many peoples budgets.

When couples and their families begin wedding planning they usually know it's going to be expensive, or they know they will have to make tough choices to keep the prices down. But there is nothing quite so startling as searching for something related to your wedding (whether it's photography, the dress, food, rentals) and being shocked at the prices. Weddings are a once a lifetime thing (hopefully) so you don't have the "Ikea brand" to know if you're really in a low end or high end place. And the thing about Ikea is if THEIR prices shock you, it is a one-two punch of first sticker shock, then extra shock knowing those are the CHEAPEST prices you will find anywhere.

Often the first place you get wedding sticker shock will not completely depress you because you still naively believe you can find the same things for less elsewhere. It is only in digging around that you find lower prices usually mean lower quality, fewer extras, or a "cheap look". The trick for most of us is to get somewhere inbetween not expensive and not too cheap looking.

So next time your parent, fiance, or friend cop an attitude with you about decisions you've made that seem too expensive, remind them they gone though the same sticker shock in buying a car, a new suit, a house, finding an affordable college, or any number of other things people often do rarely. Even if they still freak out on you, be calm knowing they are staying at "sticker shock" land instead of doing their own research and realizing you may have actually gotten a fantastic deal. And if it's a single friend, be extra relaxed while you wait for them to some day plan their own wedding and call you up freaking out about how expensive everything is and how they had no idea.

Watch for a You Tube video hopefully soon on this topic of money and why weddings are expensive! It's being designed for parents to get a greater understanding of the wedding industry and why it is not the same as when they got married.

The cost of doing business

I was just reading a wedding planner blog and found this fantastic paragraph that I want to highlight. The reason this caught my eye is:

1 - you can put yourself in the shoes of a wedding planner and see how many "HOURS" are put into the simple, 'day of coordination'

2 - you can see how their fee, worked backwards, pays them almost nothing

3 - you can then see why low fees mean you get low paid vendors, which means... you either get someone without a lot of experience (which is fine if you are aware of that), or someone who isn't really math saavy who may be overcommiting and going to get burned out real fast when they realize they aren't making enough money to survive and be passionate about what they do!

$8-9/hour, depending on where you live, is most likely going to be unskilled labor. Fast food, retail, someone who files papers.

If you want to get someone with tremendous experience at complex events like weddings you are going to have to pay well, with the idea that you are going to get a lot more for your money.

The paragraph is taken from this wedding planning blog.

Charge what you are worth. Take time to figure out how much money you want to make per hour then multiply it times 3. That is a very rough estimate of what your clients need to pay you. You will pay almost 30% for taxes alone plus all your business expenses before you can pay yourself. For example, if you charge $500 for wedding day coordination that includes the final walk-through, rehearsal and 10 hours on the wedding day plus a few meetings with your bride, creating time lines and confirming vendors, you end up with around $25 or so per hour before taxes/expenses. Take your taxes and business expenses from that and you make about $8-$9 hour. AND that does not include paying an assistant. Isn't all your hard work worth more than that? I sure hope so, even as a novice.

Simple wedding budget tip

If you know how much you can spend on a wedding dress, follow these rules:

• tell your sales person that you can not go a penny over and do not want to see any dress above that rate
• if you aren't sure of the wedding dress shop, call and find out their wedding dress options in YOUR price point. maybe call ones you know are high end to get a sense of how many dresses in your price point they would even carry
• do not shop at stores where you've got free range to look at all dresses in all price points (or rather, do not look but let your sales person or wedding party pick out dresses in your price point)
• find designers who sell dresses at your price point, then go to their websites and find the retailers that sell their dresses.
• do not try on a high priced dress out of curiosity. It can sometimes really mess with our minds to see a high end item and all the sudden see our "favorite" in a new, less attractive light
• do confirm if you have any restrictions from your religious institution
• talk with your fiance on whether he has any strong feelings about general style (great example is whether the two of you agree on whether brides should have clevage or not!)
• once you commit to a dress do NOT TRY ON ANY MORE WEDDING DRESSES. There is no faster way to lose money than to have to sell a dress because you bought a second one.

Fun Money Quiz

This is a completely unscientifc quiz not about your wedding but your relationship! Whether you're living together or not, you know your fiance well. Let's see how you do. Each of you should answer these questions independently then see how well your answers match! You may not have had all the conversations about the questions below, but this is a great time to play a game and learn. Sometimes the questions are more interesting than the answers and can send you off into other conversations...hopefully not arguments!

I phrased these questions in a unique way to get you to get into your partners head rather than talk about your own views. I also designed this so if your fiance has NO time or interest in taking the test, you can still do YOUR side and see if they agree with you. :-) Just copy and paste this into an email, or book mark this site and talk out loud with each other answering the questions.

1. My fiance expects a conversation if one of us wants to spend more than _____ dollars (ex: $50, $100, $200, $500, $1,000.... etc) or put another way, my fiance would be super shocked and upset if I spent $_____ without talking with him/her first.

2. One thing my fiance would love for me to not spend money on but knows it's probably a lost cause is _____ (ex: expensive make up or lotions, computer games, high end clothing, upgrading electronics often, etc)

3. My fiance would say my parents have the following beliefs about money _______ (what they value, how they spend/save, etc)

4. My fiance was __________(ex: happy, surprised, upset, annoyed) to learn of my financial situation the first time we had a frank conversation about how much we made, our debt, our savings.

5. My fiance feels ____________ (great, ok, stressed, frustrated) about how our wedding is being paid for.

Chosing a wedding dress

One of the earliest things most brides do after getting engaged, is to start shopping for a wedding dress. This is one of the most exciting, girliest moments for a bride who will eventually get stuck chosing between a million choices of paper for invitations, flavors for cake, flowers, finding all the important vendors. Wedding dresses are one of the rare wedding tasks where you have a tactile experience, an extremely personalized experience (your very unique body on different dresses), and you ultimately have full control. Most other things you lose some control to "packages", or rules about number of invitations you have to buy (often in groups of 25), etc.

There are many elements that go into wedding dress shopping and sometimes they only strike a bride in the moment. Here are some common experiences!

• Chosing the WRONG people to shop with you. Whether it's friends who show impatience and want to leave, or no-show for the shopping day, or friends whose style is very different from you. It could also be your mom who wants a very conservative look and you want a more strapless, sensual look.
• Chosing the wrong wedding dress shop. Hopefully you have different options in your area and if you do, it's very likely you'll feel more comfortable in some over others. Some dress shops are very high end, where a purse would be the same cost as your entire wedding dress budget. You may also enter some stores and the sales staff is too young, or old, stuffy, or pushy. The dresses may be too busy, too simple, the lighting and dressing rooms may not be very well designed, or the store may be so busy you feel rushed and stressed out.
• Your vision vs reality. Most of us have no real idea what style dress would look best on us. I remember trying on a very nice dress in a 1930's style. Apparently everyone in the store gasped and told my mom how the dress was meant for my body. Meanwhile another bride was trying on the same dress and her friends were trying to not gasp, in a "that is NOT for you" way.
• Your body shape is not likely the model body shape. Whether you are so annoyed at your large, or small breasts, big hips, or no hips (if you want the curvy look), wedding dresses can be an infuriating experience! You want to look like A BRIDE, however you imagine that "look."
• Indecision, insecurity, exhaustion. If you aren't confident after trying on a lot of dresses, you may start questioning if you're too picky, if you need to look at higher-end dresses, if you want to lose a lot of weight, or maybe you realize you need to bring other people to help you out. Some brides completely exhaust their friends. I know of a bridesmaid who was yelled at by the bride for not going on a THIRD weekend long out of town trip to dress shop. The bridesmaid didn't have the money and did not think it necessary to leave, for a third time, because the bride was indecisive.

Don't forget with all of the stuff that happens, you also want to make sure you're clear with the dress style and location of your ceremony and reception. You also want to make sure you and your fiance have agreed on the general look so if he is like my brother, who WANTED to wear a tux (that was part of his vision of being a groom), that your dress is not so casual you look imbalanced. Similarly a very glittery, fancy wedding dress should probably not be paired with kahki pants and a casual shirt.

Good luck! And for more help on all the interpersonal dynamics that happen at EVERY SINGLE turn in wedding planning, our book has increased confidence of countless engaged couples. It's called Take Back Your Wedding and is available on Amazon or our website.

Wedding Trends for 2009

Here is a short list of expected trends for 2009 from The Wedding Report which says the average wedding will be between $21,000-$25,000. The wedding budgets for 2009 have dropped and here is where the "drop" will be seen:

• Smaller weddings with fewer guests
• Destination weddings or destination type weddings closer to home
• Accent colors on dresses and cakes with the most popular being greens and blues
• Increased reliance on family and friends to help plan, pay, and provide some of the services
• Increased use of green and echo friendly products and services
• Simplified decorations, centerpieces and wedding invitations
• Increased use of on-line RSVP's vs. traditional mail-in RSVPs
• Off-peak weddings; Mornings, Afternoons, Fridays, Sundays, October becomes the new June
• Buffet meals, Hors d'oeuvre, and cocktail receptions
• Cheesecakes, cupcakes and miniature cakes
• All-inclusive packages

Bridal Budget | Brides on a Budget

Just wrote up a new article on wedding budgets. It's a work in progress, trying to figure out the best way to mock up what I did for my wedding... I was able to calculate my "definite", "Maybe", and "unsure" invitation list and see exactly how much my budget would be when food budget changed as well as invite costs changed (having to buy in groups of 25.) Then you have to add if you have 8 person tables, every 8 new people represents not just 8 more meals, but a NEW table, new centerpiece, more wedding favors, more chair rentals, and may impact where you need to have your reception (or, too few people in too large creates a bad atmosphere... too empty.)

My ideal bridal budget for you would also include REGIONAL averages instead of national. The bridal budget worksheet would also include ranges so you could get a super rough idea playing with your priorities. For example, you can print your own invitations for maybe 50 cents, or buy super high end ones for $5 each. In my metro area, you can get a dinner for $15/person, for a lower end rate, or you could spend $50/person (or more) in a hotel setting. Photography can be bare bones for 2-3 hours, or can be an all day package. When I do this bridal budget worksheet, I'd let people add in their own rates and share with me what your regional numbers are so I could make bridal budget worksheets by region!

Bridal budget worksheets are very hard to find online in part because prices vary so widely based on a region. My idea of "ranges" by category also creates SO many possibilities it may be hard for math sufferers, or non-techie brides who get confused with all the options... (like high end invites, but low end food, etc.)

I'll get there some day! If you have any help for that project, send'em along. www.thefirstdance.com/contact-us.php

Wedding Vendor Quotes

Wedding Vendor Quotes

Wedding vendors and couples are in a fascinating co-dependent relationship. Without wedding vendors you don't have a wedding but without engaged couples, wedding vendors can't exist. Engaged couples are trying to maximize their savings while wedding vendors are trying to maximize their profit. Couples may or may not shop around, but wedding vendors know what people in their industry are charging and the games wedding vendors play. How do you know if your wedding vendor is trying to rip you off or is too good of a deal?

The number one complaint of wedding vendors is when engaged couples first ask, "how much do you cost?" They sometimes feel like you would feel if instead of being asked, "What do you do for a living?" you were asked, "how much do you make?" The notion that money is more important than their skills, background, or that they could even give you a fast number without knowing the details (when, where, how many people, what exactly you want from them.)

What To Know Before Getting Wedding Vendor Quotes

read more....

Fighting, communication and assessment of your couplehood

I got an interesting comment from my last post. In case there is any doubt, my husband and I are "good" fighters - never raise our voice, very sincere, listen well to the other side, and generally are "good communicators" as demonstrated by The First Dance Couple Checkup, an online, inexpensive, research-based premarital inventory on our website. The point is that with all those skills you will STILL disagree, still have "fights" as a couple, and the question is how you handle the problem. In todays society it is easy to feel if you can keep at it, eventually you'll convince the other person they're wrong. Or worse, you start to reassess whether you married the right person because they aren't Mr. or Mrs. Perfect, afterall. It's called a consumer marriage and it's a disasterous mindset to have if you take it to an extreme.

If there is one thing I've learned over the years, "right and wrong" aren't words that should be used in a marriage (excluding obvious cases of physical or emotional violence.) The reality is would you rather be "right" or happy? For most couples who have been together a long time, being happy is better than being "right". Of course this all depends on the area you are disagreeing about. Generally those problems I talked about that are perpetual - you always procrastinate, you married a pack rat, your job makes you put in long hours but you love your career and don't want to leave... all those stressors will always be there and sometimes it's better to avoid the unending fights, or to at least TRY to see the other persons side. Your spouse doesn't want to be a pack rat but finds it extremely challenging to throw things away, or you were born late and have never been on time for anything in the 30 years you've been alive... you don't like it about yourself, but having a spouse yelling at you for it won't make it better!

It is often said money, sex, and children are the three biggest areas of struggle for couples. I have seen so many couples who are so mismatched in their values about money that I urge anyone reading this who is like that, to get a financial planner - someone who is "Free" and can help set the groundwork for your financial future. Or if that isn't likely, I was extremely impressed with the small part of a money game I played called Money Habitudes at a marriage conference. This is an easy card game but it is really surprisingly cool in helping you see how you view money without taking some boring quiz or having to think "too hard." I want to get this sold through my website or somehow help couples more on this vital topic.

The reality is there is no "one" right way to handle money. My husband and I both worked high paying corporate jobs, went out to eat almost every night, traveled and had a great time! We could not have predicted we would make major career changes (stay at home life then small business life and he's going into low paying counseling.) The reality is we're savers and have no debt even with 2 years of him making no money. We bought a small house that we love to give us more flexibility, we own smaller cars, we don't buy a lot of new clothes, etc. We could have never gone out to eat, never traveled and had a LOT more money saved up... but for us we couldn't imagine ruining our fun times, the memories we have, just so we had a bigger bank account. It is the delicate line between having fun and saving, between living for today and living for tomorrow. And every person and therefor every couple is going to have their own UNIQUE balance.... my hope is that you have balance as a couple in however that translates for you.

And an obvious first place to start is WEDDING PLANNING! Do you hold the view that this is the one day worth splurging on? Or the wedding is "only a day" and isn't worth going into debt for? Or the wedding is a massive family reunion and worth the time and money to bring everyone in your life together, even if it's expensive, because there will never be an opportunity to do it again? Or is a wedding a sacred family event and you don't feel a need to invite a lot of extra guests so you CAN have an elegant wedding and still not spend a lot?

What if your parents are paying? Does this have an impact on how you plan, how you spend, and where you place your values? My wedding was paid by my parents and was lower than the average for our state. My husband and I couldn't imagine doing more even though my parents "could have afforded more." We struck a balance between having nice wedding invitations, really nice music, a really good photographer and medicore food, the wedding cake tasted OK but looked pathetic (oh well...) and the table decorations weren't what we wanted but we gave free reign to others and again, oh well. We got OUR wish which was a certain "feel" to the reception... the artwork in the church basement, the lighting, the live jazz band, the great host job of my dad to bring all our guests into the reception with some unique moments (like getting the wisdom from married couples that they have learned but did not know on their wedding day.)