How to Budget for Wedding Favors

The largest expenses in planning a wedding will usually be the banquet hall and catering services. Then there are the florists and transportations services that can drive the cost of a wedding up. However, these are not the only factors to consider. Wedding favors should be right up there on the list of priorities when planning a wedding. The couple should understand that wedding favors are going to be a cost per guest item. This means the couple will be paying a specific price for each favor and multiplying this price by the number of guests at the wedding. So if you choose what seems like an inexpensive wedding favor for $1.oo, you will still wind up paying $500 for wedding favors if you have invited 500 guests. You can see how this price can quickly add up and potentially cause some problems for your budget.

How Many Guests are Going to Attend?

The first thing to contemplate when setting a budget for wedding favors is how many guests will attend your wedding. This is most essential because the price of each individual favor will be multiplied by the number of guests you plan to have at the wedding. This is not to be confused with the number of guests you have invited to the wedding. For example, if you have a large extended family with many out of town relatives you may feel obligated to invite all of these relatives even if you are quite sure they will not be able to attend. If you are fairly certain these guests will not be able to make it to your wedding you can make an estimate of the number of guests you are realistically expecting to show up at the wedding.

Once you have estimated this number you can set a budget in a couple of different ways. The first way to determine your budget is to decide on an amount you are willing to spend on favors and divide that number by the number of guests you are expecting. This will give you an idea about how much you can afford to spend on each favor. You should include tax, shipping, gift wrapping and all other incidentals in this per favor price when budgeting for wedding favors. Another way to set a budget for favors is to shop around for favors and get written estimates on favors that you want for your wedding. This will give you an idea about how much you want to spend on each favor. Once you have established this number you can multiply it by the number of guests you plan to have at the reception. If this is affordable you can plan on buying favors in this price range. However, if the total amount is more than you planned to spend you might have to consider less expensive favors.

If you plan on having a large wedding reception with a large guest list, there are ways to cut the cost of wedding favors. One way to do this is to seek out distributors who offer reduced pricing for bulk orders. Contact the distributor directly to ask about these cost breaks. A wedding supply company may not mention discounts directly on their website or in advertising.