Stretch Your Dollar: Where the money goes when planning a wedding

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(WTNH)– If you are planning a wedding, be prepared to write out some big checks. In fact, couples are spending record amounts of money on the big day.

We are stretching your dollar with a look at where the green goes. If you know where all that money goes, it may also help you target where there are opportunities to save.

Forget about the bride and groom. These days it’s all about the guests. At least according to a survey from The Knot, a wedding planning service.

Last year the average wedding had 141 guests. That’s fewer attendees than seven years ago. But couples spent way more. On average $245 per guest last year, up from $194 in 2009.

In the same time frame spending on entertainment has more than tripled. You can thank things like photo booths, fireworks and cigar bars.

Also many couples have wedding bands and DJs to keep the party going. All those extras plus flowers, the dress, and the big spender, the venue, push the budget.

It’s why it’s so important to set the budget first and work backward starting with the most important vendors or details first, only add-on if you’re under budget.

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