Be a Great Wedding Guest for Less -- Savings Experiment

Attending a wedding is exciting, but it can cost a lot to watch your friends tie the knot. Here are some tips on how to be there for your loved ones without breaking your budget.

For the guys out there, consider buying a used tuxedo instead of renting one, especially if you have more than one black-tie event to go to. On average, it costs $150-$215 to rent a tux, which can really add up over time. However, sites like MyOwnTuxedo.com allow you to by pieces at extremely reduced prices. For instance, you can pick up a jacket for low as $29. This means you can build your own tux for less than the cost of one rental.

For those who have been asked to be a bridesmaid, there are many deals to be had on used dresses. For the best prices, check out BridesmaidTrade.com or Tradesy.com where you can score up to 50 percent off of popular bridesmaids dresses. This will help lessen the financial burden of a dress you may end up wearing just once.

Traveling for a wedding can get pricey, so setting up online price alerts is the way to go. As long as you know when and where your destination is, and you can use sites like Airfare Watchdog, Kayak or FareCompare for real-time price alerts. It can mean the difference between saving money or overpaying by hundreds.

Finally, team up with friends for a wedding gift that may be out of your price range alone. Together you can splurge on a weekend getaway for two or a luxurious couples massage, which is just as meaningful coming from a group of friends.

So, if you're planning on watching a couple walk down the aisle, keep these money-saving tips in mind. Remember, your budgets need love, too.

%Poll-87200%