Sarah and James are excited to plan their wedding. From choosing the venue to arranging their honeymoon, they’ve been eager to get everything just right. But as the costs started to rise, so did their level of stress. We teamed up with Commerce Bank to share a few simple steps to change how they budget as a couple and put the focus back on the fun aspects of planning their big day. Here are Commerce Bank’s key takeaways.
1. TRACK YOUR BUDGET ON THE GO
While Sarah was shopping for her wedding gown, she used mobile banking tools to easily find that she had enough saved to afford the gown of her dreams.
2. CONSIDER THE RIGHT LOAN
Big expenses—like an engagement ring—could be financed through a home equity loan. James got help from Commerce Bank to find the right loan to buy the perfect ring.
3. MAKE A BUDGET. STICK WITH IT.
The couple listed out every wedding expense, from the flowers to the photographer. They added up their costs to determine a bottom line, and stuck to it.
4. SIMPLIFY PAYMENTS
James and Sarah used Commerce Bank’s AutoPay to put their non-wedding expenses on autopilot, so they could focus on saving for their big day.