Hi all! My fiance and I have set a budget and have agreed on paying up to that amount ourselves. We have set up a savings plan so that way we will have at least our budget saved up by October of next year. We have also planned in a buffer, but we may move when our lease ends in August, so that buffer money will be used for the move. We're getting catering, photography, DJ, and floral quotes, and we may end up going over about $2K-$3K.
We are planning a small wedding of about 50 people. About 2/3 of that is family, and we really want our close friends there, too. We will probably eliminate the +1s for single people not in committed relationships, but that's only taking away maybe 5-6 people. Both sets of parents and grandparents have offered to help pay for the wedding, but haven't told us how much they're willing to give us.
How do we politely cash in on that offer? Do we ask for some of the money now so we have it for down payments? Or do we wait until the end to ask to cover the remainder of what we go over? (ex: let's say we go over our budget by $2500. That divided up by the 4 parties that offered to help would be $625 each).
We have some money saved up, but not even enough for a venue down payment. We could put it on one of our credit cards and pay it off in two months when we have saved enough for it, but then our wedding fund would practically be back at zero. We are doing a final tour of our favorite venue this weekend and want to book it next week. I'm afraid if we wait to book until we have the funds, our date will be gone.