You could establish a wedding day budget – what you plan to spend for
caterers, flowers, wedding gown, etc. The groom’s cost will more than likely be minimal. However, once you return from the honeymoon and began living together if you had not gotten a place together prior to your marriage, now you are beginning your life together as husband and wife.

What should be included in the budget:
Income
Expenses
Groceries
Utilities
Insurance costs – auto, life, health
Credit Card bills
Student Loans

Those are only a few items that should be on the budget. You should sit down and each person complete a budget worksheet of what their bills are separately and then do a budget where you have combined all of your expenses.

As you are planning to move forward with the wedding, do not blame each other for past expenses that you incurred when the other person was not a part of your life. Budgeting says that you do not have to keep up with the Joneses or your best girlfriend that had a wedding that costs x amount of dollars.

As an engaged couple, now is not the time to be silent when it comes to finances, budgeting and your future. Be honest with yourself and establish a plan. It can make the difference between financial stress and financial happiness.

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