If you think lavish weddings are only seen in films or among royal families, that's no longer the case. Nowadays, even ordinary people are spending lakhs of rupees on heritage venues, five-star hotels, special themes, and expensive costumes to make their weddings memorable. The sole purpose is to remember this special day forever.

But many people wonder where they'll get the money for such an expensive wedding? The good news is that in today's times, smart investments can help you create a budget for a lavish wedding without any burden.

Easy to Prepare Your Own Wedding Budget
Financial experts believe that investment and fund planning have become easier than ever before. If you want to spend lavishly on a wedding, there's no need for ancestral wealth or substantial savings. The only thing you need is to start early.

The earlier you develop the habit of saving and investing, the easier it will be to build a large corpus over time. Importantly, early careers have fewer responsibilities, so the investment potential is greater.

A fund of Rs 1 crore can be created in 810 years.
With good planning and regular investments, anyone can accumulate a wedding fund of around Rs 1 crore in 810 years. For example, if someone's starting salary is around Rs 1 lakh per month and they invest regularly for 1012 years, they will no longer need to depend on their parents for their wedding. This fund will help them fulfill their dream of a dream wedding.

What is the estimated cost of a grand wedding?
If you are planning a grand ceremony for 100 guests in a five-star hotel, the total expenditure could easily reach around Rs 1 crore. Approximate expenses could be Rs 40.5 million for food and venue, Rs 5.7 million for wedding costumes, and Rs 30.35 million for other items like decoration, photography, makeup, and event planning.

How to create a monthly investment plan?

If someone starts planning at the age of 22-23 and wants to accumulate Rs 1 crore in 10 years, they will need to invest approximately Rs 45,000-50,000 per month in equity mutual funds. For example, if you invest Rs 50,000 every month in equity funds for 10 years, assuming an average return of approximately 12%, the amount could reach approximately Rs 1,12,00,000.

In this way, you can increase or decrease your monthly investment according to your capacity and wedding budget. For example, if your goal is to build a fund of Rs 75 lakh, an investment of approximately Rs 33,500 per month would be sufficient.

The result: The dream of a grand wedding will come true.
The dream of a grand wedding can only be realized if planning is started early. Instead of waiting for your income to increase, start with a small amount and gradually increase it. In a few years, you will have a strong enough fund to marry yourself or your children with all the pomp and show.

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