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April 6, 20180

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

Posted by:Bankruptcy Specialist onApril 6, 2018

We all have a fairly good understanding that weddings can be a costly pursuit, but do you actually know how much the average wedding costs in Australia? A bit over $36,000, according to Australia’s Money Smart website. And that was in 2012! These days, it’s perhaps somewhere around the $50,000 mark. I suppose if you have wealthy parents it wouldn’t be an issue, but unfortunately most of us don’t.

Let’s admit it, $50,000 is a lot of money! You could buy a business, put a deposit on a new house, repay your student loans, or perhaps travel the world! The reality is though, weddings are a celebration of two people who commit to devoting the rest of their lives with each other. Sure, we ‘d all want to have the wedding of our dreams, but we shouldn’t forget what’s really important.

Although I’ve never married personally, I have a close group 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 300 guests, but it was intimate, unique, and everyone who attended had the time of their lives. If you’re organising a wedding on a budget and trying to find 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 amazing weddings I was invited to was in the garden of a friend’s home. Other choices you could contemplate is hiring a neighbourhood park for the day, or even the beach. The atmosphere is magnificent, you can customise 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 location, just remember to contact the local council and make reservations well in advance.

Wedding Date
While many people prefer their weddings on a Saturday, the rates of venues are much more costly on Saturday than any other day of the week. Contemplate 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 wedding reception in an indoor location, then organise your wedding date in winter and you’ll save roughly a third of the costs for venue hire itself.

The fees of a professional photographer will often cost roughly $4,000 for the whole day. With the exceptional specs of smartphone cameras these days, think of hiring a professional photographer just for the formalities and ask your friends to take photos throughout the duration of your wedding celebrations. You can make a hashtag on Twitter and ask your friends to upload their pics, ensuring that there’ll be plenty of natural photos that resonate the true spirit of your special day.

Food & Drinks
If you really intend to save money, then catering businesses are your primary target! They charge extravagant prices and aren’t really necessary whatsoever. Contemplate arranging 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 offers gourmet pizza, or look at hiring an expert 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 tasty sauce and cheesy smashed potatoes! Remember that most of the time, being unique is far more memorable than being customary. Equally, look for a venue that permits you to bring your own alcohol. You’ll save a pile of money this way, and you’ll have the ability to work out a significant discount when buying in bulk.

Don’t Borrow Money
It’s not uncommon for couples to borrow money to pay for their weddings, not understanding how difficult it can be to repay. Not only will you be paying for the wedding itself, but also interest on top of that, which can often times take years to repay. If you’ve had a luxurious wedding and found yourself in financial difficulties, always seek financial help sooner rather than later. The sooner you act, the more choices will be available. For any financial advice regarding your personal circumstances, get in contact with Bankruptcy Emerald on 1300 818 575, or visit our website for further info:

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