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Why are we obligated to pay for electricity, venue corkage, pictorial fees, and crew meals & transportation during the wedding in the Philippines?

Why are we obligated to pay for electricity, venue corkage, pictorial fees, and crew meals & transportation during the wedding in the Philippines?   When planning a wedding in the Philippines, several considerations come into play, particularly concerning the venue, chosen package, and engaging suppliers for the event. These costs may not always be included in the all-inclusive package offered by the wedding planner.   In comparison, certain countries offer comprehensive packages, often at a higher cost. In the Philippines' context, we are well aware of the challenges tied to currency conversion. The exchange rate between the peso and other currencies, like the dollar, can significantly vary. Due to the peso's relatively lower value, specific package elements aren't fixed, such as corkage fees. These fees fluctuate based on their variable nature, calculated according to actual consumption during the event. For example, electricity power charges at the venue might exceed
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Do you WANT to be FINANCIALLY CONFIDENT in the wedding business with BIG PROFITS ?


Do you want to be financially confident in the wedding business with big profits?

We all  know that  weddings  are very  expensive and most of  this  they earned  a  thousand of  profit  from their  clients  and tie up suppliers through commission. Becoming financially confident may seem out of your reach, but it's possible with the right attitude and guidance. The fact of the matter is your income can only grow as quickly as you do, so you need to change your mindset to achieve your goal of becoming financially confident in the wedding business.




Think about all the costs that go into a wedding. From the supplier such as venue, food and catering, photography, and more. With that, there is an unlimited opportunity to earn more from weddings.




Once you have a positive mind, you can't lose it, no matter what financial or business mistakes you make along the way. To get yourself there, you're going to need some structure.

 To help you,  I give you tips on how to become financially confident in the wedding business.

1. Evaluate your current financial status.

You can’t grow without knowing your financial status. You need to be clear about the amount your earn versus the amount you spend and create a financial plan.

This is a step towards making positive changes. When creating your future plan, you need to:

  • ·         Know your financial income
  • ·         Be clear of your   expenses and contract agreement to your client.
  • ·         Write down your financial budget.
  • ·         Establish  your  package  offer to  your  client
  • ·         Create your marketing strategy.

 2. Work on increasing your current income.

Once you've created your plan and listed your financial and budget goals, it's time to work out how you are going to achieve them.

You can offer promos or discounts and think unique package.




3. Get savings.

Once you've got your income on track, you need to create a strategy whereby your income is split between you’re:

  • Supplier and  staff cost  (  photography,  cake,  the venue,  employee and  etc.)
  • Living costs (bills, rent, mortgage, grocery shopping, etc.)
  • Personal expenses (cinema, dinners out, holidays, etc.)
  • Retirement Plan and  Health  insurance 
  • Investment  ( Real state  or  venture  other  business  )
  • Emergency  saving

4. Start learning new skills.

Learning is about more than enabling you to do your current position/ business; it's a way for you to become an expert in your chosen field.  You don't have to reapply to go to college to learn new skills. You could simply:

  • ·         Read more
  • ·         Attend  seminars
  • ·         Do an online course

5.  Avoid debt.

The best way to become financially confident is to avoid debt at all costs.  Pay your supplier on time. A credit card bill, on the other hand, is an expenditure you have made without considering whether or not you could pay it back in the first place.

To get into the right habits, avoid taking it shopping with you and take it off any online shopping accounts you may have or think in 15 days if you need to buy the things you want for yourself.  Good Credit can give you double monetization such as buying things to upgrade your business.


6. Embrace nothingness.

Being bored is fine. Being bored means that you have spare time on your hands, which is a good thing. Aside from stopping you from filling every void with an activity that costs you money, it's also a great way to focus your efforts on more productive matters. When you are bored with nothing to do, you could:

  •       Start meditating to enhance your concentration and clear your mind
  •       Read a book
  •       Exercise
  •      Set  Meeting  to  your  clients
  •      Update client’s profile




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