00:00Coinage. Life. Well spent. Presented by GEICO.
00:05Weddings are a pricey business. Estimates vary for the average cost of an American wedding,
00:10but the Knott's recent survey put the number at over $32,000.
00:13That's a nice new car or a down payment on a house.
00:16Here are a few ways to save money on your nuptials while still providing a great experience for your guests.
00:21The key here is to think outside the box.
00:23Your guests might not remember your $600 bouquet, but they'll remember how much fun they had.
00:28When picking your date, avoid Saturdays in prime wedding season to cut costs.
00:32Think about setting your wedding date on a Friday in April or October instead of June, the busiest wedding month of the year.
00:38Consider a non-traditional wedding venue and reception hall.
00:41Barnyard, loft, and even bowling alley weddings can offer a cheaper and more memorable alternative to an expensive cookie-cutter reception hall.
00:48Always check to see if your venue requires you to use their vendors, which will add cost.
00:53A non-traditional meal can help cut costs, too.
00:56Instead of the typical three-course fish or chicken, think about more casual options like a taco buffet or even a barbecue.
01:02In that vein, open bars can be a disaster for a wedding budget.
01:05Consider offering beer, wine, and a signature cocktail instead of a full open bar.
01:10Encourage family and friends to help out in lieu of a wedding gift.
01:13Cash-strapped millennials likely have some skills to contribute that would help you far more than the new toaster on your registry.
01:19Think if any of your friends are great at bartending, cooking, makeup, crafts, sewing, or arranging flowers,
01:25and give them the option of helping out if they're needing to save money, too.
01:28There's no reason your wedding should put you in debt.
01:30Start your new life with your partner on the right financial footing.
01:34Coinage. Life well spent.
01:38Presented by GEICO.
01:39Step 2
01:51Step 2
01:56Step 2
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