How Much Should I Save for a Destination Wedding?

By Michael Ferguson

Planning a destination wedding is a way to make your wedding even more special, as it allows you to have your friends and family travel to an amazing place to celebrate such a special day. However, this type of wedding can be expensive. So, it’s important for couples to plan ahead and figure out how much they should save for their destination wedding.

The first step in planning a destination wedding is to determine the budget. It’s important to keep in mind that some of the costs may be more than what you would expect for a traditional wedding.

Airfare, lodging, and transportation will likely be higher than usual due to the location. You’ll also need to consider additional costs such as decorations, food and beverages, entertainment, and photography.

Once you’ve determined your budget, it’s time to start saving. It’s best to start saving early so that you can spread out the cost over time.

Consider setting up an automatic savings plan or putting money aside each month in a separate account devoted solely for the wedding expenses.

It’s also important to research various vendors that are available in the area of your destination wedding. You may be able to find better deals by working with local vendors as opposed to ones from your home town or state.

Additionally, see if there are any special deals or discounts available for booking multiple components (e.g., airfare and hotel together).

Bottom Line

Planning a destination wedding is an exciting experience and can make the special day even more memorable. However, couples need to be prepared financially by saving up enough money before they head off on their big day. By starting early and researching various vendors in the area of their destination, couples can save up enough money for their dream destination wedding.