How to plan a stress free wedding through strong saving?

Bright colours, shiny decorations, aromatic hot food, laughter, giggles, happy faces and a beautiful bride and groom with dreamy eyes- all these are what wedding celebrations are made of. But the story doesn’t end there. The idea of a wedding has been so influenced by wedding magazines, movies, songs, that is no long a simple affair. It is rather a grand celebration. To plan your day, there are several options that you can avail. If you can maintain a steady flow of cash, then there is no end to what can be done on your wedding day. Wedding planners ensure that all your dreams are turned into reality. What you ask for is what you get, and maybe even more. From celebrity guests and dancers to gourmet food, from exotic locations to lavish decorations- you can have it all. But it all comes at a cost.

However, for those of you who aim to have a tight budget, saving money in advance is essential. By saving regularly over time, you can easily spend on the things that matter to you on your special day.

Gone are the days when the bride and the groom remained uninvolved in the planning process. This generation prefers to be a part of every detail of the wedding. Weddings require months of meticulous planning, and depending how scrupulous you want to be with the details, your timeline for the preparation varies.

To help make your planning process a little easy, here is a checklist

  1. The budget -This is the first and the most important step. Everything else will depend on it. Discussing with your partner and family members is extremely important. It is a financial decision that requires everybody’s involvement. However, the money set aside for the wedding should be based on very realistic expectations. There should also be a provision for a buffer amount that can be used incase of an unexpected “splurge” in the expenditure. By identifying a goal and saving regularly towards achieving it, you can easily plan your dream wedding.


  1. Venue: Indian weddings can be a lavish affair. The wedding venue therefore becomes the backbone of the entire planning. The venue should be finalised first, as there is often a chance of non-availability on the decided date. Budget, here plays an important role. You can opt for a humble, simpler venue or something more romantic and luxurious - depending on which stage you are at in terms of saving.



  1. List of wedding essentials: there are certain things that are absolutely mandatory to the wedding. After finalising the wedding date and the venue, the next most important thing is to appoint a wedding photographer and videographer. You would want to document your special day so that the memories last a lifetime. Consider opening multiple savings accounts depending on your preferences so that individual amounts for each of your needs can be saved independently of each other.


  1. Finalising the guest list: This is another important factor that will occupy a major chunk of the budget. If you are focused on lowering your costs, limiting the number of guests is a good idea. It also helps if you have drawn out a list of guests well in advance, in order to plan how much you need to save every month via your Savings Account.


HDFC Bank offers several advantages when you open a Savings Account. Firstly the entire process is hassle-free. There is also the provision for instant account opening, which is digital and paperless, and thanks to Video KYC, the entire process of account opening can be done remotely. The interest rates offered are competitive and allow for good returns. The bank also provides easy liquidity on the investment amount making it very convenient to use the money when you decide to begin with the wedding preparations.

Looking to open an HDFC Bank Savings Account to begin saving? Click here to get started!

Read more on how a Savings Account can help open new avenues to manage your money better.

*Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances.

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