December 12th, 2018

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Wedding

Weddings On A Budget – The Best Ways To Save Money When Getting Hitched

We all have a fair understanding that weddings can be an expensive pursuit, but do you really understand how much the average wedding costs in Australia? A little over $36,000, based on Australia’s Money Smart website. And that was in 2012! These days, it’s most probably somewhere around the $50,000 mark. I suppose if you have rich parents it wouldn’t be a problem, but unfortunately the majority of us don’t.

Let’s admit it, $50,000 is a bunch of money! You could buy a franchise, place a down payment on a property, settle your student loans, or even travel the world! The truth is though, weddings are a celebration of two people who commit to spending the rest of their lives together. Sure, we ‘d all like to have the wedding of our dreams, but we shouldn’t lose sight of what’s really important.

Although I’ve never been married personally, I have a close circle of friends, and two of them managed to pull off the most memorable weddings on a shoestring. Of course, it didn’t involve costly bridesmaid parties and catering for 500 guests, but it was intimate, unique, and everyone who came had the time of their lives. If you’re organising a wedding on a budget and looking at ways to save money, then here’s how.

Location

There’s plenty of ways to save thousands of dollars on your wedding venue alone. One of the most magnificent weddings I was invited to was in the backyard of a friend’s house. Other alternatives you could contemplate is hiring a neighbourhood park for the day, or even the beach. The environment is remarkable, you can customise your wedding to precisely how you want it, and the costs are unbelievably low. If you choose to have your wedding in a public place, just don’t forget to consult with the local council and book well in advance.

Wedding Date

Even though many people prefer their weddings on a Saturday, the costs of venues are far more costly on Saturday than any other day of the week. Look at having your wedding on a Friday or Sunday where Monday is a public holiday. The time of year will similarly have a dramatic effect on the price of your venue. If you’re dead-set on having your reception in an indoor area, then schedule your wedding date in winter and you’ll save approximately a third of the costs for venue hire.

Photography

The price of a professional photographer will usually cost close to $4,000 for the whole day. With the outstanding specs of smartphone cameras these days, consider hiring a professional photographer only for the formalities and ask your buddies to take photos throughout the duration of your wedding. You can make a hashtag on Twitter and ask your friends to publish their pics, ensuring that there’ll be lots of natural pictures that reflect the true spirit of your special day.

Food & Drinks

If you really intend to save money, then catering firms are your top target! They charge extravagant prices and aren’t really necessary whatsoever. Contemplate putting together your own food and drinks and don’t be afraid to go against the grain here.

You could hire a wood fire pizza truck that serves gourmet pizza, or consider hiring a friend to roast a whole pig in the ground and make the sides on your own. For me, there’s nothing better than a pulled pork burger with scrumptious sauce and cheesy smashed potatoes! Remember that most of the time, being unique is far more memorable than being conventional. In addition, try to find a venue that enables you to bring your own alcohol. You’ll save a bundle of money this way, and you’ll have the ability to arrange a considerable discount when buying in bulk.

Don’t Borrow Money

It’s not uncommon for people to borrow money to finance their weddings, not knowing how difficult it can be to pay back. Not only will you be paying for the wedding itself, but also interest on top of that, which can occasionally take years to pay off. If you’ve had a lavish wedding and found yourself in financial distress, always seek financial assistance sooner rather than later. The sooner you act, the more options will be available. For any financial assistance regarding your personal circumstances, get in touch with Bankruptcy Experts Canberra on 1300 795 575, or visit our website for further details: Bankruptcy Canberra