What a $50,000 Wedding Looks Like
Congratulations — Your recent marriage proposal was romantic, magical, and more than you could’ve ever hoped for. And after responding with an enthusiastic “yes,” to the big question, the task of planning a wedding is suddenly ahead of you and your fiancé. If you’re fortunate enough to have a budget of $50,000 or more set aside for this once-in-a-lifetime extravaganza, this is what your wedding could look like and where the costs will be allocated.
First and foremost, with that type of money in the equation, the best course of action to ensure things flow smoothly from the planning stages all the way to the reception is to hire a professional wedding planner. This will generally run about five to ten percent of your budget; in fact, a good wedding planner will charge in the range of $5,000 but is well worth the price tag. This expert will take so much stress and anxiety away from the happy couple and handle the bulk of planning and orchestration of the big day.
The next expense will come in the form of hiring a professional photographer and videographer. This is one area you certainly do not want to skimp on because they hold the key to capturing every mesmerizing moment of your wedding and reception. Subpar photos after the fact will be extremely disappointing and cause regret when looking back on your special day. A photographer and videographer should have plenty of examples for you to look at before making a decision, and it wouldn’t hurt to read their reviews online. Each will cost anywhere from $3,500 -$5,000 for approximately 8 hours of work. Again, this isn’t an area where you want to cut corners because, in 20 or 30 years, the wedding photos and video will be priceless to you and your family.
Moving right along, plan on spending the largest portion of your budget on the venue and catering for your guests. For a $50,000 wedding, this breaks down to almost $25,000, or half your budget. Obviously, this figure can be much more expensive if you’re looking for hall rentals in Los Angeles, versus a smaller less populated town. Costs will also vary based on details like what you’d like to serve for dinner, where you want to celebrate and what types of drinks, wine, and champagne will be served. Oftentimes, dinners at more lavish affairs will cost approximately $100 or more per head. So, if you’re expecting 200 guests the charge is $20,000 right off the top. Along the same lines, a custom, multi-layered wedding cake can cost upwards of $500-$1,500. Then you’ll want to check with your venue to see if they charge an additional cake-cutting fee and serving fee.
Other significant costs will be your selection of flowers, which will be used during the wedding ceremony, as well as for beautiful décor at the reception venue. Certain exotic flowers will be costlier than other types of flowers; but overall, you should budget nearly 10% of your total resources toward the floral category. For a $50,000 wedding that will be around $5,000 on colorful bouquets, table pieces, altar flowers, boutonnieres and more. The next decision to be made is whether to utilize a band or a DJ for entertainment – some venues offer discounts on their in-house music selections, but if you hire a local musician it can range from another $2,000-$4,000. Music and dancing can make or break a good wedding reception, so be sure to take your time when making this decision.
Last but not least, allocate several hundred, to a couple of thousand dollars for a gorgeous wedding dress. This truly depends on the bride’s tastes and priorities, but saying yes to the dress is an unforgettable moment and worth every penny of her decision. Finally, don’t forget to save some money for sending out invitations, as they can be pricey as well, some costing nearly $750 total with postage and return envelopes inside for the RSVPs.
A $50,000 Glendale wedding will be extraordinary, well-appointed, and perfect down to the very last detail. Any reputable banquet hall website you visit should offer a plethora of knowledge and provide you with a basic idea of what they offer, where they’re located, what their custom features are and the price of some of their packages. If you’re in the Glendale area or would like more information about MGM Banquet Hall, please reach out to us by calling (818) 500-0875.