Wedding Budget & Debt Planner

Build your custom wedding budget with splurge/save choices for each category. Compare payment methods and see the true long-term cost of financing your special day.

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Quick Start Presets

Build Your Budget - Choose for Each Category

Venue
Catering
Photography
Flowers
Music / DJ
Dress & Attire
Invitations
Decorations
Rings
Your Custom Wedding Budget
$33,000
Based on 100 guests

How Will You Pay?

Save $1833/month

Payment Method Comparison

MethodMonthly PaymentPayoff TimeTotal InterestTotal Paid
Cash (Save First)$18331.5 years$$0$$33.0K
Credit Card (Min Payments)$66030.0 years$$163.6K$$196.6K
Personal Loan$7095.0 years$$9.6K$$42.6K
Mixed (Cash + Loan)$4945.0 years$$6.7K$$39.7K

Selected: Cash (Save First)

Monthly Payment
$1833
Payoff Time
1.5yr
Total Interest
$0
Total Paid
$33.0K
✓ Pros:
  • No debt or interest
  • Best financial choice
  • Start marriage debt-free
✗ Cons:
  • Wedding delayed 18 months
  • Need to save $1833/month
  • Requires financial discipline

Budget Breakdown by Category

Catering
mid range
$10,000
Venue
mid range
$8,000
Rings
mid range
$4,000
Photography
mid range
$3,000
Dress & Attire
mid range
$2,500
Flowers
mid range
$2,000
Music / DJ
mid range
$1,500
Decorations
mid range
$1,500
Invitations
mid range
$500

What That Money Could Be Instead

If invested in index funds at 7% for 2 years
Over 2 years at 7% returns
$37,781.7
Down payment on a house
$33,000
Covers 22 months of rent
Over 1 years at 7% returns
$264
529 college fund grown over 18 years
Over 18 years at 7% returns
$111,537.765

Alternative Wedding Sizes

100 Guests
$33,000
50 Guests
$17,820
Save $15,180 (46%)
25 Guests
$9,900
Save $23,100 (70%)
Elopement
$4,000
Save $29,000 (88%)

💡 Key Insights

1.
You'll be paying for this wedding for 1.5 years at $1833/month.
2.
A smaller wedding (50 guests) would save $15,180 (46% less).
3.
That $33,000 could grow to $37,781.7 if invested instead (+$4,781.7).
4.
Your top 3 expenses: Catering ($10,000), Venue ($8,000), Rings ($4,000).

Average Wedding Costs by Category (2025)

CategorySaveMid-RangeSplurge
Venue$3,000$8,000$15,000
Catering$5,000$10,000$18,000
Photography$1,500$3,000$6,000

Key Insight: According to The Knot's 2024 Real Weddings Study, the average American wedding costs around $32,500 (100 guests). However, you can customize your budget by choosing where to splurge (photography, venue) and where to save (invitations, decorations).

Frequently Asked Questions

Common questions about the Wedding Budget & Debt Planner

According to The Knot's 2024 Real Weddings Study, the average American wedding costs around $32,500 for 100 guests. However, this varies widely by location: $20,000-25,000 in smaller cities, $40,000-60,000+ in major metros like NYC, LA, or SF.

📚 Sources & Research

The Knot's 2024 Real Weddings Study: Comprehensive survey of 15,000+ couples providing average wedding costs, regional variations, and industry trends. Used for baseline cost data and guest count analysis.
Federal Reserve Economic Data (FRED): Official government data on credit card interest rates, showing average APR of 21.99% as of 2024. Used for credit card financing calculations and warnings.
Bankrate.com Personal Loan Data: Industry analysis of personal loan rates for qualified borrowers, averaging 10.5% APR. Used for loan comparison scenarios and financing recommendations.
IBISWorld Wedding Industry Report: Market research showing 3.2% annual growth in wedding industry over past five years. Provides context for rising costs and industry trends.
Certified Financial Planner Board of Standards: Professional guidelines for major life event spending, recommending 6-12 months of income maximum for weddings. Used for financial planning recommendations.
Consumer Financial Protection Bureau (CFPB): Government data on debt-to-income ratios and loan qualification standards. Used for DTI guidelines and lending criteria.
National Association of Realtors (NAR): Housing market data on down payment requirements and PMI costs. Used for home buying vs. wedding spending comparisons.
Bureau of Labor Statistics (BLS): Economic data on household spending patterns and inflation rates. Used for cost-of-living adjustments and regional variations.

Data Collection Date: January 2025

Last Updated: January 2025

Methodology: Analysis combines multiple industry sources, government data, and financial planning best practices to provide comprehensive wedding cost guidance.

⚠️ Important Disclaimer

This Wedding Budget & Debt Planner provides estimates for educational and informational purposes only. Actual results may vary significantly based on individual circumstances, market conditions, regulatory changes, and other factors beyond the scope of this calculator.

The calculations and projections provided are based on assumptions and historical data that may not reflect future performance.Past performance does not guarantee future results.

This tool is not financial advice, tax advice, legal advice, or investment advice. For personalized guidance tailored to your specific situation, please consult with qualified professionals including:

  • Certified Financial Planner (CFP)
  • Certified Public Accountant (CPA) for tax matters
  • Licensed attorney for legal matters
  • Registered Investment Advisor (RIA) for investment decisions

Data Accuracy: All data sources, statistics, and rates were verified as accurate as of October 2025. Tax rates, market conditions, and other financial data change over time. Always verify current rates and consult official sources.

No Warranties: While we strive for accuracy, we make no warranties or guarantees regarding the accuracy, completeness, or reliability of any information provided. Use this tool at your own risk.