While wedding season is a fun time to celebrate love between a couple, it can also end up being pricey and taking all of your vacation time. Hopes for summer adventures overtaken by attending the unions of happy couples. If this sound like you, don’t worry, you aren’t alone.
Americans are expected to attend more weddings than ever before in the coming months and year. Vendors are reporting a demand double or even triple than they have seen before.
All this means, for the first time (maybe ever) being the wedding guest, may be the most expensive role to play. Flights and hotel reservations are going to be in high demand driving prices to a premium. Not to mention the outside factors already increasing the cost of airline travel.
All that considered, our experts at CompareCredit came together to help you jumpstart your planning to find the best ways to make this wedding season one to remember both for you and your wallet.
Book Your Flights & Hotels Early
Weddings aren’t the only things that are suddenly seeing a surge, because of pent-up demand. Flights and hotels are actually getting more expensive, too. Since April, domestic fares have increased by 9% and international fares have gone up by 17%.
It’s impossible to know how the year will play out or if prices will stabilize, but there will likely be ongoing demand for travel and hospitality for the foreseeable future.
To really make sure that you’re ready for big weddings, you should book your travel dates as early as possible, so you have flexibility when it comes to choosing the most affordable options.
Our Top Credit Card for Flights: The offers some of the best flexibility when it comes to redeeming your points. This card lets you redeem your reward points with many travel loyalty programs, giving you the flexibility, you’re looking for when your favorite airline doesn’t fly into your destination. This card also offers . Plus, new card holders can earn . Both great ways to earn points quickly. This card does have a annual fee.
Plan the Wedding Expenses as a Group
Rather than getting a hotel, think about getting an Airbnb or car-pooling with other wedding guests. Bachelor and bachelorette parties, bridal parties, special dinners and events before the wedding can all start adding up quickly.
By coordinating with other people in the wedding party, you can help keep expenses down.
Our Top Credit Card for Hotel Rewards: If you’re looking to earn points to make your travels a little more comfortable, the is a great option. Whether you’re looking for a group AirBnB or more intimate hotel room for you and your wedding date, this card will have you earning . Plus new card holders can Points that you can transfer to, and use, with both Marriott and Hyatt rewards programs. The does have a annual fee.
Check the Registry Early
Nowadays, most couples put together a registry that lists all of their top presents. The prices between these gifts can vary - a lot. A good rule of thumb is your wedding gift should be equal to the plate of food at the wedding your attend. So plan to look and buy your gift early before all the more affordable gifts are gone.
Alternatively, look for options to contribute to a honeymoon or house fund, you can still earn credit card rewards without breaking the bank for a more expensive gift off the registry. Or make it a group effort too and pool your funds for something special for the happy couple.
Our Top Cashback Credit Card: There may be no better card to earn cash back on all your wedding gift purchases than the . This card offers , no matter what it is. And new cardholders can , that’s like getting 20% cash back. A major boost to making your wedding season a little more affordable. This card also offers (, so you pay off this wedding season over the next year or so. This card has annual fee.
Set a Budget for Drinks
Unless you’re going to a wedding with an open bar, the cash bar can add up fast.
If you’ve got a bunch of weddings coming up, make sure to keep track of what you’re spending when you’re actually at the venue itself. This usually comes down to the bar, so as long as you withdraw cash and make sure to stick to that amount, you can at least know what you’ll be spending during the special day.
Our Top Cashback & Dining Credit Card: If you’re looking for a great card to use while out exploring the local food scene or scarfing down a slice of pizza after poking around another plate of wedding food, then the would be a great option for you. .
But if you are looking for something to earn cash back while sticking to your wedding drink budget, the is a great option. With each drink purchased, or any other associated purchase made you’ll earn . Both the and the have a annual fee.
Know Your Wardrobe
Three weddings in a summer? Back-to-back weddings in a week?
Whatever the schedule, the big secret is that no one will know if you’re wearing the same thing each time. Aside from travel and wedding gifts, wardrobe can be the most expensive item on the wedding guest budget list.
If you’re part of a bridal party or groomsmen, make sure you understand what’s expected already, so you can potentially mix and match with what you already have. Make sure to know whether you’ll be able to rent the outfit or if you’re expected to buy it, and factor that into the rest of your budget.
Our Top Shopping Credit Card: Whether you’re looking to make one outfit work for you through the entire wedding season, have to purchase multiple bridesmaid dresses or are looking to go the capsule wardrobe route, the is the card for you. With ability to earn cash back in the category of your choice, we recommend selecting the “shopping” category (which includes online shopping) and you’ll see the cash back stack up quickly. In all this card offers . This card has a annual fee.
A Wedding Season Like No Other
Last year, provided couples with the challenge of balancing normal wedding stress with the uncertainty of a global pandemic and constant changes to pulling off the wedding of their dreams.
With so many electing to postpone their nuptials to the 2021 wedding season and beyond, the wedding guest is now the one dealing with the stress of wedding season.But, with the right strategy, this wedding season doesn’t have to break your bank and you may be able to even come out ahead with the right planning. Leaving you to dance the night away with all the happy couples.