The best day of your life – you should pay attention to these wedding costs
For the vast majority of people, one’s own wedding is also the best day in life. Of course, love and celebration together with friends and family are the main focus of the day. On the other hand, you should remember in advance that a wedding, depending on the size and style is associated with significant costs. Still it is that you have to be able to afford a wedding, because under 2,000 euros you rarely get away. Therefore, in the following guide we would like to explain in more detail the costs that you have to expect at a wedding and what is important if you want to calculate the expenses incurred as accurately as possible.
What are the costs of the wedding?
Although marriages have never really been out in our society, the number of annual marriages in Germany has been rising again in recent years. For example, if there were around 374,000 marriages in 2013, this number has risen last year (2015) to just over 400,000 marriages. As enjoyable as this trend is, you should still remember when planning the wedding that it usually costs four or even five digits. In particular, it is a factor that determines the total cost significantly, namely, whether it should be a rather smaller, medium or a large wedding. This is mainly due to the number of invited guests, but of course the nature of the wedding also has a big impact on the costs.
In the following summary we would like to give you a brief overview of what a wedding costs on average, if it is a smaller, medium or large event:
• 10 to 25 invited guests: approx. 2,500 Euro
• 50 to 75 invited guests: approx. 15,000 euros
• over 100 invited guests: approx. 25,000 euros
In addition to the number of guests plays for the total cost, of course, a role, where to celebrate. The cheapest option is to perform the wedding in your own house and / or in the garden. However, if it is a ballroom, a castle or another exceptional location, the costs increase significantly. This also applies to the question of what you want to offer your guests food and drinks and whether an entertainment program is planned. Therefore, the above information may be indicative only, in which case the actual costs may differ in some cases significantly.
Which individual costs are incurred at the wedding?
Interestingly, the average cost of a wedding in Germany is a little less than 8,300 euros. Based on the above categories, most bridal couples opt for a smaller to medium size wedding. In some other countries, the average cost is much higher, for example in…
•… Ireland just under 20,000 euros •… the US just under 23,000 euros •… Great Britain around 26,000 euros
Of course, the total costs of a wedding are largely determined by the individual costs incurred. In the following, we would like to give you some clues as to which individual costs are often incurred during a wedding and what the costs are. However, we can also work here only with average numbers and a larger framework, because almost all expenses can be significantly different in terms of cost.
• Wedding rings: 200 to 2,000 euros • Wedding dress: 500 to 3,500 euros • Food and drinks: 700 to 8,000 euros • Decoration, jewelry & flowers: 250 to 2,000 euros • Photographer & Film: 500 to 3,000 euros • Music: 200 to 2,000 euros • Location + staff: 700 to 8,000 euros
As you can see, the range at the individual costs is sometimes very large. Here it depends simply on the personal taste and on the wishes and ideas of the bridal couple, for example, whether a cheap location for 1,000 euros can be rented or if it should be something special, so easy to pay 5,000 euros and more.
Type of wedding affects costs
Another factor that contributes more to the cost of the wedding is the nature of the wedding. Would you rather celebrate classical and romantic or would you rather celebrate your wedding day with a relaxed celebration? Or should it be heavenly and exotic or very traditional? You should also think about this question when it comes to calculating the costs as precisely as possible during your wedding planning.
Instant loan to finance the wedding costs
In particular, if you opt for a medium-sized or even a large wedding, the costs incurred can often not be covered by the savings or other funds available. Then it can make sense to opt for an instant loan or classic installment loan. Such loans are already available at extremely low interest rates and even a negative entry in the Schufa is no longer an insurmountable obstacle. In this case, take the chance to compare the numerous offers, so that you can finance your upcoming wedding cheaply when needed with a loan.