2. Consider cupcakes. According to TheKnot.com (Stock Quote: KNOT), the average wedding cake will run you a little more than $500. But Susan O’Donnell, owner of Harvey’s Bakery and Coffee Shop in Dover, Del., says you can shave $100 off the price of your cake by downsizing from three tiers to two. Or order a decorative Styrofoam cake from Ultimate Fake Cakes for $100 and serve slices from a discretely hidden (and cheaper) sheet cake.

Nicolay, author of Generation T: Beyond Fashion, got married two years ago. Instead of spending hundreds on a tiered cake, she got 224 cupcakes in four flavors for 150 guests for $336.

Cupcakes may be tasty but, Gold warns, if they’re catered, they can be more expensive than a cake. If you really want to downsize, try homemade cupcakes. You can indulge in your sweet moment for the cost of a few boxes of Barefoot Contessa Cupcake Mix ($10.95 for enough mix for a dozen).

Potential Savings: $164 for the cupcake way.

3. Be the DJ. According to CostHelper.com, a professional DJ is going to cost you up to $300 per hour plus time and a half for every hour over. A live band will be even more expensive. Instead, plug your iPod into the PA system and design your own playlist.

Of course some brides, such as Gold, draw the line at DIY DJ-ing. “Using an iPod to DJ is a little irritating in that you have to ask a friend to monitor it,” says Gold “And if you don't load enough music, it'll loop and repeat songs.”

Potential Savings: $2,000 or more, to dance to your music.

Now that you know where to save, go out and tie the knot!

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