The cost of tuxedo rental greatly varies, depending on the tone of the wedding. If, for some reason, the groomsmen are not all renting from the same company, make sure you're not the odd man out with the cheapest-looking suit.   Research your options and try to find a rental house not too far from you to make returning painless.

Travel Expenses

If you've got a close-knit group of friends, you can only hope they don't all schedule destination weddings in the same year. Depending on how far you've got to travel, this could easily be your greatest expense as best man.

A domestic wedding may require you to rent a car, (factor in the price of gas), purchase a train or bus ticket, or arrange a flight.   If you can arrange to travel with other members of the wedding party, this can be financially beneficial and a great opportunity to bond before the main event.

The adventurous couple might choose to get married in Polynesia or in Paris. You may have to save for this, but it can also be a vacation for you if you plan it right.

Hotel Accommodations

Usually the bride and groom will take the lead and reserve a block of rooms at one or two hotels within close proximity to the wedding.   If the wedding is nearby, you may not need to book a hotel room, but if you're nowhere near home, consider sharing a room with a friend. Your sector of the hotel may become one giant party after the wedding, and this should be a fun night.

When it comes to weddings, space fills up fast, and if the wedding is during wedding season, you'll need to book well in advance. The last thing you want is to end up downing a cheap beer at the Super 8 while everyone else is having a blast, sipping champagne at the Hilton.

Organizing the Bachelor Party

This is your baby; your time to shine. When you think about how much you want to spend on this affair, consider the groom and anyone else you might invite.   Think of the range of lifestyles and budgets and come up with a happy medium. Also know that a bachelor party can be an entire weekend getaway or just a night with the guys talking about old times. The key is to arrange something that will impress the groom-to-be but not make him uncomfortable.

It is perfectly acceptable, and expected, for you to ask for financial contributions from other attendants. You should not, however, ask or allow for the groom to pay for anything.

In the end, regardless of the total price tag attached to this event, you're going to have an amazing time and learn a lot about yourself and the guy who tapped you to be his number two in command. It's amazing how much money we're able to save when it becomes necessity. You'll find that consulting your fellow groomsmen before making each purchase is probably the most prudent approach. You're in this together, after all.

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