Getting married? Congratulations! We hope you brought your checkbook, a few credit cards and a sack of cash – not just for the known costs, but for the hidden costs that sneak up on most couples like their wedding day.
Everyone knows weddings are expensive. Everyone knows that setting a budget is important, although many struggle to stick with or even create a realistic budget. However, certain costs tend to slip through the cracks and quickly add up to thousands of dollars that were unaccounted for. Here are six wedding costs that are often overlooked and take many couples by surprise.
1) Taxes. Taxes may be one of two certainties in life, but it’s easy to forget to account for taxes when you’re adding up costs. For example, a wedding photographer in New Jersey who charges $3,000 may actually cost you $3,210 if they don’t include taxes in their price quote. Read every agreement to find out if tax is included or additional.
2) Tips. It has become customary to tip most wedding vendors, so plan to have enough cash on hand to tip the deejay or band, photographer, florist, hair stylists, limo drivers, bartenders and others. Better yet, give the money to a trusted member of your wedding party so you don’t have to deal with the headache. Also, most wedding venues add 18 percent to your bill to cover server gratuities, so read your contract to see if it’s included.
3) Postage. Those “Forever” stamps may only cost 49 cents, but the shape, size and weight of your invitations will likely inflate the postage cost more than $1 per invitation. Of course, you can use those 49-cent stamps for the RSVP envelopes in each invitation, bringing your total costs for postage to $2 per invitation.