May 21, 2012

Weddings: Money – Value – Budget – Result: Would someone PLEASE explain the difference

PinExt Weddings: Money   Value   Budget   Result: Would someone PLEASE explain the difference

money squeeze Weddings: Money   Value   Budget   Result: Would someone PLEASE explain the differenceJust view yet another Fox TV news piece (from this week) about saving money on weddings, accompanied by an article, on the MyFoxChicago website. It featured a friend of mine, Adam Weitz (ASharp Production) singing in a hybrid ‘band.’ Vocalist – DJ – Drummer. Interesting enough.

You can judge the other information, yourself.

My question is this: Why doesn’t any reporter ever talk about the connection between quality decisions, money spent, and achieving the desired result?

To me, a budget is established by finding out what products and services cost, in the real world, to achieve a desired result. It is not an announcement that states, “I have this much money (for everything or for one thing), period!”

Doing something on-the-cheap  achieves one absolute goal: Saving money. Unless a quality result occurs, there is insufficient value to get excited.

This is a distinction WITH a difference.

Andy Ebon

The Wedding Marketing Blog

PinExt Weddings: Money   Value   Budget   Result: Would someone PLEASE explain the difference

Comments

  1. Your statement is so very true-

    “Doing something on-the-cheap achieves one absolute goal: Saving money. Unless a quality result occurs, there is insufficient value to get excited.”

    So often Brides have 20/20 hindsight after their big savings resulted in their biggest disappointment.

    Poor workmanship lingers on long after the thrill of the bargin!

    Von Wedding Films

  2. Andy Ebon says:

    Trisha,

    Thanks for echoing my outlook. I was beginning to think I was out there on a limb, all by myself.

    Andy

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  1. [...] couple of days ago, I posted an item about the differences between money (price), value, budget and result. It generated lots of traffic, a comment or two, and plenty of direct [...]

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