BUDGET TIPS FOR YOUR 2021 EVENT IN UGANDA.

The most important thing to know before you start planning anything is …your BUDGET!But do you know how to set your budget for wedding,kwanjula, kuhingira or any other event of the sort? Our #budget tip is to create your budget before you begin planning.Money talk is generally not fun and can be a little stressful,that’s why it’s best to get those discussions out of the way up front. You can’t stick to a budget if you don’t know what your budget is,right? Your event’s budget will likely be made up of funds from several different sources and should reflect your values and/or priorities.

Below is our advice for setting a budget you can actually afford and are happy with:

1. Discuss the vision of your day with your partner.What do you and your partner hope for on your special day? Do you envision being surrounded by a large group of family and friends or something more intimate with only your closest loved ones? Do you picture a big,fancy party or something more chilled and low-key? Take the time to chat with your partner about your shared vision for your special  day because the budget you need to accomplish your vision can vary greatly based on these preferences.
2. Research to set realistic budget expectations.After you have discussed your ideal wedding vision, it’s important to set expectations for costs. There are usually two numbers at play when it comes to events’ budgeting. The amount of money you’re willing and able to spend, and the amount of money the service you want will actually cost.Collect pricing information and proposals from vendors and venues you’re interested in to establish actual costs.
Many couples start researching and quickly realize that the event they’ve dreamed of is going to cost more than they’d hoped. This is where honing in on those priorities comes into play. Do not be compelled to spend more than you’re comfortable,there are always affordable alternatives for you to enjoy your special day and remain happy than stressed and in debt.Getting familiar with actual costs will help you set a realistic budget that allows you to have what you want at a price you can afford.

3.Declare your maximum spend.To decide on a budget that works for you,sit down with your fiance and discuss an amount you both feel comfortable with spending. This is the amount of money that you’re willing and able to spend,without taking on debt. You may be able to technically afford to spend more,but decide that you don’t want to spend so much on a one-day party. If your families and friends are able and willing to contribute to your event then you could either add their contributions on top of your max spend ,or save some of your intended spend to go towards other life goals.After you have figured out what sort of event you’re looking to plan,decide how much you’re each willing to and able to contribute to the day. This could be the first of many money talks you will have as a couple.

4.Have the talk with any contributing parties.If either set of parents or your friends are contributing money to your event,make sure to sit down and discuss how much they will be contributing.
Major things to cover include estimated expenses and the timing of contributions from all those financing the event( have in mind that some pledges may not be fulfilled).
It’s important to note that accepting outside parties or loved ones could come with strings attached. If the two of you want to have creative control without managing other’s opinions and wishes,you may choose to decline outside contributions. It is definitely a trade-off,so be sure to set boundaries and expectations up front if you decide to accept financial assistance from your families and friends.

5.Tally up final figures. Add up all the funds from contributing parties to find your total event budget. Combine the funds from your families and friends with your own. This figure should be the absolute max budget for your event and therefore should be the figure you look at to guide you through making financial decisions for your day.

6.Prioritize.You have probably heard it over and over again ,prioritize what is most important to you and allocate your budget accordingly. Remember to include allowance in your budget for miscellaneous to cover any items that could have been overlooked.Aligning your priorities with your event’s plans will help you plan a day you and your wallets will be happy with.

A simple note from us is to also always focus on those other aspects of your special day that matter most. Often the most treasured moments of all are the moments like hugging a relative you haven’t seen in years,exchanging vows with your partner, having your loved ones witness your special day and dancing the night away with your closest friends. Even if you can’t afford the lush floral or a fancy venue,you can still have the most magical day of your life.
Setting a realistic budget that fits within your financial means for your wedding,kwanjula,kuhingira or any other special day will allow you to do that without stress,guilt or debt.

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