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April 6, 2018Comments Closed

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

Posted by:Bankruptcy Specialist onApril 6, 2018

We all have a decent understanding that weddings can be a costly exercise, but do you really understand how much the average wedding costs in Australia? Slightly over $36,000, according to Australia’s Money Smart website. And that was in 2012! Today, it’s most likely somewhere around the $50,000 mark. I suppose if you have wealthy parents it wouldn’t be an issue, but unfortunately the majority of us don’t.

Let’s admit it, $50,000 is a considerable amount of money! You could buy a company, put a deposit on a new home, repay your student loans, or even travel the world! The fact 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 prefer to have the wedding of our dreams, but we shouldn’t lose sight of what’s really important.

Whilst 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 unforgettable weddings on a shoestring. Obviously, it didn’t involve classy 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 about to get married on a budget and looking at ways to save money, then here’s how.

Location
There’s loads of ways to save thousands of dollars on your wedding location. One of the most stunning weddings I was invited to was in the garden of a friend’s home. Other options you could contemplate is hiring a community park for the day, or maybe the beach. The ambience is incredible, you can personalise your wedding to exactly how you want it, and the costs are incredibly low. If you make the decision to have your wedding in a public area, just remember to speak with the local council and make reservations well in advance.

Wedding Date
Although lots of people prefer their weddings on a Saturday, the rates of venues are far more expensive 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 similarly have a substantial 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 approximately a third of the costs for venue hire itself.

Photography
The fees of a professional photographer will often cost around $4,000 for the entire day. With the remarkable specs of smartphone cameras these days, look at hiring a professional photographer just for the formalities and ask your friends to take pictures over the course of your wedding celebrations. You can create a hashtag on Twitter and ask your friends to publish their photos, ensuring that there’ll be lots of natural photos that reflect the true spirit of your special day.

Food & Drinks
If you really intend to save money, then catering firms are your key target! They charge outrageous prices and aren’t really necessary at all. Consider preparing 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 look into hiring a professional to roast a whole pig in the ground and make the sides yourself. 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 different is far more memorable than being conventional. Equally, 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 arrange a significant discount when buying in bulk.

Don’t Borrow Money
It’s not uncommon for couples to borrow money to finance their weddings, not understanding how tough 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 sometimes take years to pay off. If you’ve had a luxurious wedding and found yourself in financial trouble, always seek financial guidance sooner rather than later. The sooner you act, the more options will be available. For any financial assistance regarding your personal situation, get in contact with Bankruptcy Perth on 1300 818 575, or visit our website for additional details: https://www.bankruptcy-perth.com.au/

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