Thursday, May 9, 2013

How to have a Big, Fancy, Expensive (Nigerian) Wedding with $100,000

There are so many articles on how to manage your money when you're planning a wedding ie how to have the wedding of your dreams on a budget. We even have one Here.

But today I got to thinking, what if you truly have a whole lot of money and your life's dream is just to have a fancy wedding. At FabNaija, we love ALL weddings - small, medium, big, over the top. We don't discriminate. I figured, if we have an article on how to manage your money for a Nigerian wedding, we should surely have one how to splurge and do it big if that happens to be your place in life. I've used 100k as a starting point but please feel free to spend more!

It's not a complete budget, but I'm just calling to your attention the things that you could spend even more money on and really really go big or go home.

This budget assumes you'll have 300 people in your wedding, but as a Nigerian, I know you can very easily surpass that number.

(Don't forget to checkout our step by step Wedding Store)

1. Wedding Planner/Coordinator ($8,000): Pick one to help your coordinate all this money you are spending. Without a planner and with this much money, you're just signing up for headaches. Planners sometimes want about 8% of the budget or they may come with a standard fee. I used 8% for this budget.

2. Venue ($10,000): Choose a really good, beautiful, "it's the wedding of all weddings venue." you'll still have to watch the budget because our money is going slowly. For 10k and 300 people, you should be able to get an excellent venue and also cover fancy table covers, napkins, plates, glasses, etc. To put it in context, a really fancy venue in Atlanta for 300 people will go for about $7000. Add fancy table covers, chair covers and napkins and you're easily at $1,500k. Add glass covers, silverware. Add well dressed waiters, nice additional decorations, and it's easy to see how you hit $10,000. If you choose to invite 500 people, you could spend 10k on just the hall