When Wedding Planning Meets Redundancy
Today’s topic is not a pleasant one but I feel it is important to discuss. Redundancy is something that has become a fact of Irish life in the past few years.
Being made redundant can have a profound effect on every area of a person’s life, and it puts financial matters among other things into grave perspective. So planning a wedding – as with all financial commitments – can seem like an insurmountable challenge. If you are laid off when the planning is well underway it is important to bear in mind you still have options:
Three immediate choices spring to mind: Cancel, Reschedule, Reimagine.
Obviously, these are extreme times, and canceling your wedding is definitely an extreme measure; and not one that should be rushed into, says Annie Byrne, wedding coordinator with Aislinn Events. Her advice is to “Keep calm and avoid a knee jerk reaction to cancel your wedding. You could very well need something positive to focus on and need a happy occasion to look forward to.”
As well as this, there is the issue of lost deposits that cancellation throws up. Equally, going ahead with the wedding as first conceived may put you in a risky financial position if credit cards/savings are depleted to pay for it.
The wedding of your dreams may seem more out of reach than ever, but the important thing is you’ve found the right person. “Just as you would with any unfortunate incident, take time to consider where you are in your wedding planning process before making a big decision. What deposits have you put down? Can you take a lower package? Downsize? Have you sent invites or save the dates yet that you may be able to trim the guest list to just immediate family and closest friends?” While these options may not seem ideal, you will still end up with a memorable day and the all-important commitment that weddings are all about.
Postponing the wedding for a year or two may be an option. Call your suppliers and explain how your circumstances have changed. Start with the suppliers who took the largest deposits such as the venue and caterers – and work down through photographers, bands, videographers, etc. It may be possible to agree a date in the future that all parties are happy with, thus buying yourself and your intended some time to secure a new role, or to save on one salary. Annie says “I would try very hard not to cancel your wedding altogether and consider postponing instead. If you do decide to postpone, take out a calendar and set another date straight away! You do need time to regroup and rethink about what is really important but if you don’t set another date right away, you will continue putting it off always thinking ‘the time isn’t right’. The bottom line is that you still want to marry each other, so do.”
Some other things to note:
- Check your wedding insurance. Some policies pay out in the case of redundancy. If you are in employment and seeking wedding insurance this is a useful clause to have. Check the policy wording before committing to a company or policy.
- Losing your 9 to 5 opens up a whole load of new possibilities – time-wise – that would not have been possible before. If you are craftily inclined, why not try your hand at more DIY projects for the wedding to save money? Just bear in mind that supplies cost money so make sure you are getting the best value.
Has redundancy effected you whilst wedding planning? What advice would you share with fellow readers?
Many thanks to Annie Byrne of Aislinn Events for her help discussing this saddening issue.