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April 6, 20180

Weddings On A Budget – How To Save Money When Getting Hitched

Posted by:Bankruptcy Specialist onApril 6, 2018

Most of us have a fairly good understanding that weddings can be a costly pursuit, but do you really know just 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! In today’s times, it’s probably somewhere around the $50,000 mark. I guess if you have well-off parents it wouldn’t be an issue, but unfortunately many of us don’t.

Let’s admit it, $50,000 is a great deal of money! You could purchase a business, place a down payment on a new house, pay off your student loans, or maybe travel the world! The reality is though, weddings are a celebration of two individuals who commit to devoting the rest of their lives with each other. Sure, we ‘d all like to have the wedding of our dreams, but we shouldn’t forget what’s really important.

Although I’ve never married myself, I have a close circle of friends, and two of them managed to pull off the most remarkable weddings on a shoestring. Obviously, it didn’t feature luxurious bridesmaid parties and catering for 500 guests, but it was unique, intimate, and every person who attended 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.

There’s loads of ways to save thousands of dollars on your wedding venue alone. One of the most gorgeous weddings I attended was in the backyard of a friend’s home. Other options you could look into is hiring a local park for the day, or even the beach. The environment is astounding, you can customise your wedding to exactly how you want it, and the costs are extremely low. If you make the decision to have your wedding in a public area, just don’t forget to speak to the local council and book well ahead of time.

Wedding Date
Even though most people prefer their weddings on a Saturday, the costs of venues are much more pricey on Saturday than any other day of the week. Think about having your wedding on a Friday or Sunday where Monday is a public holiday. The time of year will also have a considerable effect on the cost 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 about a third of the costs for venue hire itself.

The cost of a professional photographer will frequently cost around $4,000 for the whole day. With the amazing specs of smartphone cameras nowadays, look at hiring a professional photographer just for the formalities and ask your friends to take photos throughout the duration of your wedding celebrations. You can create a hashtag on Twitter and get your friends to publish their pics, ensuring that there’ll be plenty of natural pictures that emulate the true spirit of your special day.

Food & Drinks
If you really intend to save money, then catering firms are your primary target! They charge extravagant prices and aren’t really necessary at all. Think about arranging your own food and drinks and don’t hesitate to go against the grain here.

You could hire a wood fire pizza truck that offers gourmet pizza, or look into hiring someone to roast a whole pig in the ground and make the sides by yourself. For me, there’s nothing better than a pulled pork burger with mouth watering sauce and cheesy smashed potatoes! Don’t forget that most of the time, being different is much more memorable than being customary. Moreover, try to find a venue that permits you to bring your own alcohol. You’ll save a stack of money this way, and you’ll be able to arrange a considerable discount when buying in bulk.

Don’t Borrow Money
It’s not unusual for people to borrow money to cover their weddings, not knowing how hard it can be to repay. Not only will you be paying for the wedding itself, but also interest on top of that, which can in some cases take years to repay. If you’ve had a lavish wedding and found yourself in financial hardship, always seek financial guidance sooner rather than later. The sooner you act, the more possibilities will be available. For any financial assistance regarding your personal situation, phone Bankruptcy Dandenong on 1300 818 575, or visit our website for further info:

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