October 29, 2012

Budget Revisions Part 3

Since we've reached the 18-month mark, it's time to check our budget plan once again to see if we could still afford this wedding. Haha. Okay, the bad news is.... our expenses have now reached about P400,000. The good news is.... we have already booked all the suppliers that would eat a big chunk of our budget. So more or less, our budget would stay within this range. In case of any increase, it would probably be just minimal, about P2,000 to P5,000 at most.

Why the sudden budget increase? Well, due to the problem over the original venue of choice, I had to book another venue that costs around P10,000 more than the previous one. Then we decided to book a caterer that is really over our set budget, but is actually more sulit because of the numerous freebies that it offers. And since we got a full band for the reception, I had to upgrade my lights and sounds to a full band setup.

Here's the breakdown again of our revised budget. I've rounded off some of the figures just to give you a general idea on how much we would spend for each item, but most of the actual expenses are lower than the listed figures below.
  • Church - P25,000
  • Reception Venue - P25,000
  • Photo - P35,000
  • Video - P35,000
  • Caterer - P130,000
  • OTD Coordinator - P15,000
  • Wedding Attire - P30,000
  • Hair and Makeup - P14,000
  • Hotel for Preps - P15,000
  • Hotel for Wedding Night - FREE
  • Wedding Rings -FREE
  • Stationery - P4,000
  • Flowers - P5,000
  • Souvenirs - FREE
  • Entertainment - P30,000
  • Lights and Sounds - P15,000
  • Alcohol - P5,000
  • Wedding Cake - FREE
  • Dessert Bar - FREE
  • Bridal Car - FREE
  • LCD Projector and Screen - P2,000
  • Prenup Pictorial with NYO Images - P5,000
  • Prenup Pictorial with Osep&Mimi - P10,000
  • Miscellaneous Fees - P25,000
GRAND TOTAL: P425,000

The grand total listed here is actually the bloated amount because I added extra to some items for contingency purposes. Our actual total is considerably less than this. Hay, buti naman. Ang hirap magbudget and mag-ipon ng pera noh!

Anyway, you might notice that some of the items here are listed as FREE. This is because these items are the freebies included in our caterer's package. Oh diba, sulit talaga ang package nila. There are other items that are not included in our budget, such as our wedding rings, which will be paid solely by Mox as his gift to me, and my boudoir pictorial, which is my gift to Mox.

Even though we have increased our budget, I'm still mighty proud that we were still able to afford some of our nice-to-haves, and yet would still have enough savings to start our life together. May naitulong rin pala ang paggamit ng maraming tables sa Excel. Haha!

Our revised budget tracker
Photobucket

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