Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts

Thursday, March 3, 2011

Mommy, Where Do Budgets Come From?

This may seem strange, coming from a hyper-organized bride like myself, but I'll let you in on a little secret:  I'm terrible with money; I loathe budgets; numbers scare me.  Now, I'm not in debt, and I'm not broke.  I just can't be bothered to balance my checkbook.  And I'm a terrible saver. Balancing the books just isn't my thing, so when it came to budgeting for the wedding, the Goodlaffs encountered a few challenges.

When Mr. Goodlaff and I started planning, we came up with a budget.  About a month later, we realized that our budget was created in fantasy-land and not really constructed using any knowledge whatsoever of what weddings actually cost.  Case in point: the actual amount for catering plus venue rental was almost 70% of our initial budget. Oops.

This is not to say that we couldn't have stuck to our (completely unreal) initial budget, but we were hoping to have a certain kind of wedding that we had no hope of achieving without further loosening our purse strings.  We were willing to make adjustments to include a lot of those elements that we really wanted in our big day (like a wedding cake, which, had we gone with the original amount, would never have happened).  Our new budget isn't a specific number, but is instead a general budget realm, that will eventually cost us less than the base model of a new Honda Civic.