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Planning a wedding on a budget

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By Jason Alderman

Should a dream wedding mean delaying a down payment on a home? That’s a tradeoff many couples make these days.
The Knot, a wedding planning and publishing company, recently released its Real Weddings Study of average wedding costs for 2014, announcing a national average price tag of $31,213 — and that’s not including the honeymoon.
The average cost of a wedding is a good point of comparison against other major financial goals in a new marriage.
Considering that the average price of a new home in America is now $200,000, that wedding estimate would cover the majority of a 20 percent down payment ($40,000). Despite getting married to my wife at family home 15 years ago, I still remember the sticker shock for all the wedding costs — a whopping $10,000 for the entire event from tux, dress, flowers, food and honeymoon.
Here are a few suggestions to plan a wedding that won’t break the bank:


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