The $30,000 question: Why we are all hypocrites about the cost of a wedding?

Jimmy here. I wanted to give all of our readers 3 quick tips on how to have the wedding that you want  without having to go into the poor house!

Have you ever talked with your friends and family members about what’s appropriate to spend on a wedding?  Wedding costs are one of the most debated topics of all-time.  Everywhere you turn, you’ll find a new opinion. What is reasonable for some, is completely ridiculous to others.

Some brides want a DIY wedding to save money with everything.

Other brides have an open checkbook (or credit cards) and nothing is off-limits.  According to TheKnot.com the average wedding in America costs $29,858.  The average age to get married is 31 for the groom and 29 for the bride.   For perspective, the median income in the entire United States is $43,317.  That’s right, basically after-taxes somebody work an entire year to pay for the cost of a single-day!

Here’s the thing with wedding costs.  I don’t care what anyone says: NOBODY WANTS TO SACRIFICE QUALITY ON THEIR WEDDING DAY!

I’m naturally a “budget” person.  However, nobody wants to look back on their wedding day and regret not having a DJ and instead having a karaoke machine (yes, that was my wedding!)

I got married young (like REALLY YOUNG) and even had the benefit of Bud Light banners on the walls.  I digress.

Below are some things you can do to have the wedding of your dreams without sacrificing quality:

Budget

I’m sure all brides and grooms are going to choose this option.  However, in reality this is the hardest to implement.  Are you going to have a $30,000 wedding?  Assuming your parents are throwing in $15,000 that leaves an obvious $15,000 to budget for.

Assuming a 12-month engagement are you realistically going to save $1,250 a month while probably moving and partying with your wedding party and fiancé? No, you probably won’t save your way there.

So let’s look at another option…

A Wedding Registry

A Gift Registry – this is the most underutilized tool brides and grooms have.  Even though you are ultimately responsible for your own wedding day, for some reason brides and grooms still register for multiple blenders.  Increasingly however, brides and grooms are getting a cash registry or registering with their wedding professionals.

According to credit.com the average couple spends $167 for a wedding gift.  This can go a long way towards the wedding of your dreams.

Family

Historically, the bride’s parents paid for 100% of the wedding cost while the grooms family paid for the rehearsal dinner and the honeymoon. However, this is rapidly changing.  With second marriages and less money all around in this economy it’s tough for any parent to stroke a check for $30,000.

However, you can leverage your registry so more family members can contribute this way.  Everybody has a rich Uncle right?

 

Summary

So what can you do now?  You can start planning.  No matter who you are reading this article you should think about all of your major purchase decisions over the next 5 years.  How are you going to afford them?

What goals do you have to hit to achieve those items?  Whatever you do, don’t go into debt for these items.  All of this does is increase instant satisfaction while also decreasing your net worth and income.

So what if you’re a wedding professional and want to implement a registry to make more per wedding and help build your business?  I’m sure you have questions how to do this.  Go check out Ciderr.com for more information and when you’re ready, sign up here: https://ciderr.com/pricing

 

p.s. For the month of April anybody who signs-up for an annual plan will get a $50 Amazon gift card.

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Ciderr is now mobile compatible!

Today Ciderr launched a pretty big and exciting update!

It’s crucial in todays society that websites are mobile compatible. EVERYONE has a smart phone and EVERYONE is on it ALL the time. So the chances of friends and family of your client going to your registry on their smartphone is very high.

That’s why we made it a priority to make the registries mobile phone compatible! Now no matter what device one uses, they’ll be able to contribute much easier to your registry. When something is easier, more people will do it!

Win for everyone!

ciderr-mobile_tn

The areas on Ciderr that are now mobile compatible are:

  • Registry page
  • Checkout page
  • Registry share page
  • Create registry page
  • Edit registry page
  • Brand preview page

Another update you might notice is that there’s no more dropdown to choose how much one contributes. On one hand, it slowed down the loading of the page but most importantly, studies show that people contribute more when they aren’t presented a figure but have to come up with the figure on their own.  So again, this change will increase the amount given and make our member more money per registry!

As you can see, it still restrains the giver to your MCP (Minimum Contribution Price)!

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Let us know in the comments what you think of the changes!

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Why We Built Ciderr. (Hint: It’s Not About The Money)

This post is inspired by Simon Simek.  Simon is a speaker who talks about the “why.”

He analyses famous leaders like Martin Luther King Jr, Steve Jobs, and the like.  What he found was they focused on the “why”.

 

So WHY did we build Ciderr?

 

Yes, in the short-run I would be lying if I didn’t say it was because we wanted a registry for our photography business.

We were increasing our prices, building a premium photography brand, and at the same time getting bombarded with emails every week with people who LOVED our photography but couldn’t afford it.

 

We were wanting to continue to build a premium brand but it got exponentially harder the more we increased our prices.  Let’s also be realistic: We had bills to pay.

Gift cards seemed cheap, out-dated, and above-all a logistical nightmare (keeping track of lost cards, dealing with the mail, all leading to more email which is not what the goal was).

 

So why did we want to build a premium photography business?

Because we wanted to offer a premium product.  To do that we wanted and needed to shoot less, but make more.  A registry accomplishes this.

 

So why did I say “It’s Not About The Money” in the title of this post?

Because ultimately, the reason we wanted to shoot less and make more was because we wanted to spend more time with our family.  More quality time with our friends.  Less time (and money) spent marketing trying to get clients.

 

If any of this sounds like you, I suggest you give ciderr a try.  For the month of March we our giving all new members our Marketing Toolkit (which we sell for $97.00) for free.

 

 

 

 

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Creating Freedom as a Business Owner

Do you ever feel overwhelmed? Like you don’t have enough time in the day or week to keep up with the responsibilities of running a business, much less spend time with friends and family?

I know I’ve felt that way! As I manage multiple businesses, I want to make sure I’m giving my two kids focused time, have the chance to hang out with my closest friends, and get a little quiet to myself.

There are many ways that we can become more efficient as business owners, but one of the quickest ways to create time for ourselves is to focus on proactive tasks while minimizing reactive tasks.

On a business level, proactive tasks or activities are those that will grow our business, increasing revenue and ultimately, profit. Personally, proactive tasks help you get closer toward reaching goals.

A few examples of proactive tasks are working on your annual marketing plan, taking a client or potential client out to lunch, brainstorming a new product, or planning a bucket list vacation.

Reactive tasks are those which have to happen in order to exist – whether in our business or personal life – but have nothing to do with bettering our business or personal life. They don’t require our involvement in order to be accomplished.

Tasks such as bookkeeping, managing online brand presence, washing the dishes, or mowing the law, are all reactive tasks.

Try something: make a list of the things that you do in your business and at home on a day to day basis. In detail. Then go back through that list, and based on the criteria above, notate the tasks “proactive” or “reactive.” Ideally no more than 25% of your daily activities should be reactive in nature. That’s a 3 to 1 ratio of proactive vs reactive tasks.

How is that possible?

1. Outsource / Delegate – If you can afford to pay someone else to handle a reactive task, you should.

2. Automate – If you can’t delegate a task, figure out a way to automate it. We are surrounded by incredible technology, much of it available at minimal cost, and easily accessible online. Put that technology to work for you!

3. Simplify – It’s a funny thing: many business owners seem to get a high from sharing their incredibly complicated workflows with others. Complicated doesn’t equal cool – it just equals complicated. Minimize the number of moving parts in your business and personal life, and make sure that the tools that you do use enable you to accomplish your tasks as efficiently as possible.

Nathan Holritz is an entrepreneur based in Chattanooga, TN. Starting in professional photography 11 years ago, Nathan helped bring a modern style of premium wedding photography to the Chattanooga market via Holritz Photography.

While helping run Holritz Photography, Nathan saw both a personal and industry need for a company that could handle the post-processing of the thousands of images photographed at weddings. He created Photographer’s Edit, a company geared toward providing a simple, affordable solution for professional photographers to outsource their post-processing following weddings and large events. The company was launched in 2008, and has continued to grow since.

In his free time, Nathan enjoys spending time with his two children, reading, watching movies, and speaking his second language, Japanese.

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