Planning a wedding is an event in itself, but who pays for what? It's helpful to have a firm budget in place to keep spending on track. The average wedding cost $44,105 in 2018, according to Brides.com, an average increase of more than $16,000 over the previous year.

As you and your spouse-to-be undertake wedding planning, determining how you will fund it be an important part of keeping the event as happy and stress free as anything that stressful can be. How you handle these discussions (even more than where the money actually comes from) can shape future family relationships for a long time afterward. And, of course, there's the effect on your budget during the first years of your marriage. Here's what you need to think about and what to do next.

Key Takeaways

  • Traditionally, the bride's family has been expected to pay the majority of wedding costs.
  • Couples are increasingly choosing to handle wedding expenses on their own.
  • Early planning and a written budget can help avoid miscommunication when deciding who pays for what.

What Traditional Wedding Etiquette Says About Who Pays

Customarily, the norm, at least in the United States, has been for the bride's family to cover wedding expenses.

"The notion of the bride's family paying for the wedding evolved from the tradition of dowry, where the bride's family transferred property or money to the husband or husband's family upon marriage," says Cynthia Meyer, a certified financial planner at Real Life Planning in the greater New York area.

While this rule isn't set in stone, it's one that many couples have chosen to follow over the centuries. The groom's family, meanwhile, has traditionally picked up the tab for the rehearsal dinner, honeymoon, and/or alcohol for the reception. The groom himself may be expected to pay for a variety of expenses, including:

  • Engagement and wedding rings
  • Marriage license and officiant
  • Groomsmen's gifts
  • Wedding day gift for the bride
  • Corsages, boutonnieres, and the bride's bouquet

This may be tradition, says Meyer, but the traditional model is evolving. "As couples modernize wedding planning and are getting married later after establishing careers, more of them are paying all—or a substantial portion—of the costs of their own weddings," she says. "Who pays for what is more flexible."

In fact, 68% of couples report funding the majority of expenses for their wedding themselves, according to the International Academy of Wedding & Event Planning's annual International Wedding Trend Report 2019.

Deciding How to Divide Wedding Expenses

The sooner you discuss who pays for what for a wedding, the better. Saving for a wedding takes time and some financial strategizing.

"My suggestion for engaged couples is to communicate early and discuss the details," says Christian Stewart, founder and lead financial coach at Do Better Financial. "Don't assume that anyone will pay for anything, even if they promised you something."

With that in mind, these tips can help you decide how to best split up wedding costs.

Start with Your Budget

No matter who's funding the wedding, you need to have a budget in place as the first step, Stewart says. Creating your budget may mean prioritizing certain costs over others to make sure the total expense is realistic.

$44,105

The average cost of a wedding in 2018, according to Brides.com.

If it's important to have a specific venue for the ceremony or reception, for example, you may need to make a trade-off elsewhere in your budget, such as the flowers or decorations. Meyer says couples should begin with a budget they can afford first, then approach their families about helping with some of the costs.

That way, if neither set of parents is able or willing to help financially with wedding costs, the couple is still able to manage the expense on their own without having to sacrifice the most important elements of their wedding vision.

"Put together a clear budget with low, medium, and high options," Meyer says. "The low budget is what you can pay for yourselves as a couple without going broke/into significant debt. The medium option is a reasonable compromise and assumes some parental financial involvement. The high option is for when either/both sets of parents want to invite many of their own guests and are willing to contribute enough to cover the costs—and you’re willing to have that kind of wedding."

This brings up another good point. Couples who pay for their own wedding have the most say over what kind of wedding it is.

Determine What's Reasonable for Each of You

Having an overall budget in place for the wedding is an important step, but there's something else you need to do next. Once you've established what your families will (or won't) contribute to the wedding costs, you then need to decide how you as a couple will divvy up your share of the expense.

This is where things can get a bit trickier if one of you makes significantly more than the other—or one of you is working on paying down a sizable amount of debt. When Stewart and her husband were planning their wedding, they decided to split all of the costs down the middle as much as possible. Stewart pulled money from her savings account to reserve the venue and her future husband worked overtime to contribute additional funds to a joint account they'd established for wedding expenses.

But that type of sharing arrangement may not be ideal for you, so it's important to decide what constitutes an equitable split. A simple way to do this is to compare incomes. If you earn half of what your future spouse does, then it might naturally make sense for them to contribute more money to the wedding.

Just make sure that you talk it through thoroughly to make sure you're both comfortable with the arrangement you arrive at. You don't want to start off your marriage with any lingering resentment because the person who paid more for the wedding feels overburdened by it. In that scenario, Meyer and Stewart both agree that it's better to instead scale down the wedding to make it affordable for both of you.

Taking on debt could allow you to expand your wedding budget if you're not receiving financial help, but that could make managing your budget as a newly married couple more difficult.

Are There Different Rules for Same-Sex Couples?

According to a 2018 Community Marketing Insights report, 74% of LGBTQ couples say they plan to pay for wedding expenses out of their own pocket. The report suggests that these couples may be more likely to handle their own wedding costs due to a lack of financial support from their families.

That can change the family aspect of planning the financing for a wedding, but when it comes to determining who shares costs as a couple, the guidelines are essentially the same. LGBTQ couples can opt for a 50-50 split or divide expenses differently, based on their individual incomes, savings, and ability to pay. Setting up a joint wedding savings account and discussing together whether to use loans or credit cards to pay are just as critical for LGBTQ couples as they are for any other couple.

The Bottom Line

Deciding who pays what for wedding expenses shouldn't be a source of stress. Working together as a couple to set your budget and discuss wedding costs with your respective families can help you find an arrangement that works for everyone. And at the end of the day, what you decide should reflect your personal and financial values.

"It’s your wedding," Meyer says. "Make it one you love—and can afford."