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April 6, 2018Comments Closed

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

Posted by:Bankruptcy Specialist onApril 6, 2018

Most of us have a decent understanding that weddings can be a costly exercise, but do you actually 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 probably somewhere around the $50,000 mark. I guess if you have wealthy parents it wouldn’t be a concern, but unfortunately most of us don’t.

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

Even though I’ve never walked down the aisle myself, I have a close circle of friends, and two of them managed to pull off the most mind-blowing weddings on a shoestring. Obviously, it didn’t feature luxurious bridesmaid parties and catering for 400 guests, but it was intimate, unique, and almost everyone who came had the time of their lives. If you’re about to get married on a budget and trying to find ways to save money, then here’s how.

There’s a number of ways to save thousands of dollars on your wedding venue. One of the most wonderful weddings I was invited to was in the garden of a friend’s house. Other alternatives you could consider is hiring a local park for the day, or even the beach. The environment is fantastic, you can personalise your wedding to precisely how you want it, and the costs are exceptionally low. If you make the decision to have your wedding in a public area, just don’t forget to consult the local council and book well ahead of time.

Wedding Date
Although many people prefer their weddings on a Saturday, the costs of venues are much more pricey on Saturday than any other day of the week. Consider having your wedding on a Friday or Sunday where Monday is a public holiday. The time of year will likewise have a considerable influence on the fees of your venue. If you’re dead-set on having your reception in an indoor area, then book your wedding date in winter and you’ll save roughly a third of the costs for venue hire itself.

The cost of a professional photographer will usually cost around $4,000 for the whole day. With the remarkable specs of smartphone cameras nowadays, consider hiring a professional photographer just for the formalities and ask your buddies to take pictures over the course of your wedding celebrations. You can make a hashtag on Twitter and ask your friends to upload their pictures, ensuring that there’ll be plenty of natural pictures that resonate 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 exorbitant prices and aren’t all that necessary. Contemplate 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 serves gourmet pizza, or look at hiring an expert 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! Always remember that most of the time, being different is far more memorable than being customary. Furthermore, try to find a venue that permits you to bring your own alcohol. You’ll save a bundle of money this way, and you’ll be able to work out a substantial discount when buying in bulk.

Don’t Borrow Money
It’s not out of the ordinary for couples to borrow money to pay for their weddings, not realising how challenging it can be to pay back. Not only will you be borrowing money for the wedding itself, but also interest on top of that, which can frequently take years to repay. If you’ve had an extravagant wedding and found yourself in financial difficulties, always seek financial assistance sooner rather than later. The sooner you take action, the more options will be available. For any financial guidance regarding your personal circumstances, talk with Bankruptcy Gold Coast on 1300 818 575, or visit our website for additional details:

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