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Couples fail to budget accurately for wedding

One in four soon-to-be brides and grooms do not keep a tab on their wedding finances, according to a new survey.

A poll of couples who have got married in the past ten years found that Britons can overspend by an average of £1,355 when planning their wedding and wedding reception.

The study by the Get On campaign found that 22 per cent of brides and grooms admitted they did not keep a close hand on their finances in the run-up to their wedding.

The majority of respondents said they spent either £500 or £2,000 more on their wedding day than they expected, but some revealed they had spent up to £15,000 more than they had planned.

According to the research, those that overspend had problems with figures or did not accurately research how much their wedding would cost.

Gareth Thomas, skills policy director for integrated employment and skills at the Learning and Skills Council, said: "Getting married is a hugely exciting time in anyone's life, but no fun if you spend the months leading up to the big day worrying about your sums. For those that struggle with maths, managing a large budget can add extra worry to an already stressful period.

"Some people tend to shy away from dealing with complicated money matters and budgeting, but it doesn't need to be as scary as you think."
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