Wedding costs are known well in advance, which makes this one of the more predictable goals to plan for financially — the main risk is treating it as a one-time expense to be funded from cash flow or credit rather than a target that benefits from a dedicated investment plan.

A mid-term goal like this (typically 2-7 years out) usually calls for a balanced mix of equity and debt: enough growth exposure to outpace inflation on the celebration budget, with a shift toward capital protection as the date gets closer so the funds are reliably available when vendors need to be paid.

It's also worth budgeting in bands rather than a single figure — venue, catering and jewellery costs can move considerably in the final year of planning, and building a 10-15% buffer into the target avoids having to compromise on the day itself or fall back on high-cost credit.