K'mich Weddings & Events

K'MICH WEDDINGS SOIREE

At Last, the Secret to Planning a Stress-Free Wedding

When to start saving for your Wedding Day

Top things to know

temp-post-image

Budgets are a necessary evil - they are the only practical way to get a grip on your spending and to make sure your money is being used the way you want it to be used.

So, creating a budget generally require three steps- identify how you are spending money now, evaluate your current spending and set goals that take in account your long-term financial objective- this would be Your Wedding Day - 6/20/20; used as an example.

After your engagement and reviling in the moment, your next step is to think about the type of wedding you both would like to have. Whether, it's an elegant, a rustic, or a simple/chic wedding; do you want bridesmaids or groomsmen or not. Along the same line, you want to have an idea of how many people you would like to have celebrating your big day with you. Tip: Use the 'five year or five minute rule of thumb'

Once you have figured out your wedding style and number of guests, the next step is to decide how far off you want your wedding to take place- one year, two years or three years from the date you got engaged. Our example shows 2 years. By doing this, you allow yourself to put away enough for your wedding day.

temp-post-image

Tip #1 Wedding savings- We suggest putting away at least 20% (depending on your wedding style and #number of guests) of your incomes in a interest bearing account. This could be a money market account or bonds.

Using a Money Market account- With this account, you can keep adding funds and close out when you are ready and not suffer any penalty for closing out early. We looked at Sallie Mae [don't think of them as only student loans, they offer other services] rates and we liked what we found. They received a health rating of A+ and is FDIC. Check out their CDs, while you are there. Keep in mind, this option (CDs) does not allow you to keep funding the account and there is no early withdrawal.

Using Bonds- There are different types, so choose the one that best meet your needs. Bonds are probably think "safe," "reliable" and "boring." Bonds can provide a worry-free steam of income. Treasury Securities

  • T-bills (are short-term government securities with maturities ranging from a few days to 52 weeks. Bills are sold at a discount from their face value.)

  • T-Notes (are government securities that are issued with maturities of 2, 3, 5, 7, and 10 years and pay interest every six months.). For example, our wedding 6/20/20, we would close the account a year before the wedding so that we can have the funds available.

  • T-Bonds (pay interest every six months and mature in 30 years.).

Choose wisely!

Related Article - Brides' Check List - The To-Do's List and When to Do Them| All About the Rings

MOTTO
"Every party has a story to tell... So, how are you going to share your story so that your invited guests and friends will remember? With our help we can make it possible."

All


Weddings


Grooms


Reception


Guests


Budget


Venue


Dress


Planning


Wedding Planning


Boutonnieres


Bridal


Brides


Bridesmaids


Cake


Centerpiece


Ceremony


Decor


Dresses


Engagement


Flowers


Gifts


Groom


Groomsmen


Savings


Wedding Time-Line


Weddings


Balloons


Diy


Checklist


Collections


Dress Breakdown


Event


Food


Golf


Gowns


Honeymoon


Invitations


Marriage License


Money Talk


Party


Sports


Table Design


Tables


Wedding Check List


Wedding Day


2018


Budget Planning


CDs


Diyw


Doyle&Doyle


Friday


Gulf


I-Phone Cases


Lela Rose


Notting Hill


Palace


Province


Sunday


Tony Laguda Formal Wear


WOW


Accoutrements


Ambassadors


Appraisal


Bachelor


Back To Basic


Banjo


Bar


Baseball


Best Man


Bestman


Boot Liners


Boot Pockets


Bouquet


Bride


Cakes


Cardboard


Cards


Caterer


Caterers


Chargers


Color


Color Of The Year


Color Wheel


Colors


Comfort Snacks


Complementary Colors


Consignment


Contracts


Cooking Classes


Costs


Coverage


Craft Store


Credit Card


Cultural


Custom Shirts


Dance


Day-Of Service


Delay


Dessybarn


Dinners


Dollar


Dress Shopping


Elegant


Entertainment


Escort Cards


Event Planner


Event Planning


Fan


Favors


Flasks


Floral


Florists


Florists Vendors


Fun


Gift Certificate


Goals


Gown


Greenry


Handmade Soaps


Hire Planner


Hobby


Insurance


Internet


Jewelry


Keystatic


La Chic N Sweet


Linens


Loan


Location


Lookbook


Mad Lib


Mechanic


Menu


Money Market


Monogram


Music


Names


Netadvisor


New


Numbers


Nuptials


Partner


Passions


Pencils


Photographers


Photography


Pinterest


Policy


Postage


Pros


Protein Bars


Purchase


Rehearsal


Reinvigorate


Rent


Ring


Ring Pillow Idea


Rings


Romantic


Sailboat


Schedule


Seats


Shirdance


Short Dresses


Skiing


Snickers


Spending


Splurge


Strolling Tables


Style


Tablescape


Tableware


Tech


Thecoolhunter


Themes


Toasting


Trendhunter


Tux


Tuxedos


Ultimate


Usher


Ushers


Utensils


Watches


Wedding Dresses


Wedding Planner


Wedding Plans


Wedding Rings


Wedding To Do Lists


Weekdays


Weekend


Welcome Bags


Whimsical


Winter


Workshop


Yoga


Promotional
Call for a FREE 30 minutes consultation today and get a FREE wedding worksheet.
Toll: 866-241-8298

Popular Posts

Wedding Workshop 2017
Bride-to-be: You’ve dreamed of your wedding day your whole life. Now that you are engaged, you may be wondering where to begin... Before the stress takes over, join us at one of our workshops for planning tips and more. . .
Trending: Wedding Balloons
Who says you are too big for Balloons?!
Balloon decors for weddings is an economical way to add a touch of whimsy to your special day; everything from the engagement photos to the reception decor.