94% of UK-based couples admit to trying to save money on their wedding during the current cost of living crisis

With interest rates still at record highs and goods prices spiralling, the UK cost of living crisis continues to bite; so much so that now even weddings are being affected.

In a survey of 2,000 UK adults conducted in March 2023 by engagement ring specialists, F.Hinds, 94% of couples admitted they’d look at ways to cut costs on their big day, with everything from guestlist size to the venue to even bridesmaids dresses under the microscope.

So just how are newly-engaged couples going about planning their weddings in 2023?

They said Yes! Now The Wedding Planning Starts

Planning the big day is a long and complex process, with questions around how many guests to invite, what sort of venue to pick, transport, catering, reception drinks and so much more to consider.

In the midst of the current UK cost of living crisis, these questions are ringing louder than ever before. For almost half of those surveyed (45%), cutting back on the size of the wedding guest list was deemed as one of the easiest ways to save money, with scaling back on the venue also a popular choice (33%).

Further cost-cutting ideas include reducing flower budgets (32%), toning down or missing out on stag and hen parties altogether (28%) and opting for cheaper methods of travel for guests to-and-from the wedding venue.

For a full list of money-saving ideas prompted by F.Hinds’ survey, see below.

Intimate Weddings Becoming More Popular

With money-saving now clearly top of the agenda for most engaged couples, it’s perhaps no surprise that smaller, more intimate weddings are becoming more popular in 2023.

From cutting back on wedding guestlists to booking smaller venues, smaller weddings will definitely help couples reduce costs – but letting potential guests know they may no longer make the cut can prove tricky. While letting people down gently may be one option, open and direct communication is essential, and will earn you respect from even the most disgruntled of would-be guests.

Here are some tips to help communicate your decision to have a more intimate wedding, without jeopardizing your relationships:

Be open and honest about your desire for a more intimate experience: As well as to address budget concerns, many couples are choosing smaller weddings to feel more intimate and special – and most people will understand. 

Emphasize the significance of including those closest to you: With a smaller wedding, prioritising your guest list is essential – don’t be afraid to express that need to friends or extended family who might not make the cut.

Offer alternative ways to celebrate together, like post-wedding gatherings or virtual experiences: Including those who couldn’t be invited can still be meaningful. Consider a small, budget-friendly gathering or a fun virtual get-togetherafter the wedding to help people still feel part of your celebrations.

Express gratitude for understanding and support, acknowledging any disappointment: Some people may be disappointed, but acknowledging how important they are to you while explaining the situation will help to keep things positive and respectful.