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April 6, 2018Comments Closed

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

Posted by:Bankruptcy Specialist onApril 6, 2018

We all have a fair 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 quite possibly somewhere around the $50,000 mark. I suppose if you have rich parents it wouldn’t be a problem, but unfortunately most of us don’t.

Let’s face it, $50,000 is a lot of money! You could purchase a franchise, put a deposit on a property, pay off your student loans, or even travel the world! The fact is though, weddings are a celebration of two people who commit to spending the rest of their lives together. Sure, we ‘d all want to have the wedding of our dreams, but we shouldn’t forget what’s really important.

Whilst I’ve never married personally, I have a close group of friends, and two of them managed to pull off the most extraordinary weddings on a shoestring. Obviously, it didn’t consist of expensive bridesmaid parties and catering for 400 guests, but it was unique, intimate, and everybody who came had the time of their lives. If you’re planning a wedding on a budget and looking at ways to save money, then here’s how.

There’s a number of ways to save thousands of dollars on your wedding venue alone. One of the most spectacular weddings I attended was in the garden of a friend’s home. Other choices you could contemplate is hiring a local park for the day, or maybe the beach. The environment is awesome, you can customise your wedding to exactly how you want it, and the costs are extremely low. If you decide to have your wedding in a public place, just don’t forget to talk with the local council and book well in advance.

Wedding Date
Although most people prefer their weddings on a Saturday, the costs of venues are much more expensive 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 additionally have a significant effect on the rates of your venue. If you’re dead-set on having your wedding reception in an indoor location, then reserve your wedding date in winter and you’ll save approximately a third of the costs for venue hire itself.

The price of a professional photographer will frequently cost close to $4,000 for the entire day. With the exceptional specs of smartphone cameras nowadays, look into hiring a professional photographer just for the formalities and ask your friends to take pictures throughout the duration of your wedding. You can create a hashtag on Twitter and ask your friends to publish their pics, ensuring that there’ll be plenty of natural pictures that mirror the true spirit of your special day.

Food & Drinks
If you really intend to save money, then catering businesses are your prime target! They charge outrageous prices and aren’t all that necessary. Contemplate organising 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 at hiring someone 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 tasty sauce and cheesy smashed potatoes! Always remember that most of the time, being different is far more memorable than being conventional. In addition, look for a venue that enables you to bring your own alcohol. You’ll save a bunch of money this way, and you’ll have the opportunity to work out a substantial discount when buying in bulk.

Don’t Borrow Money
It’s not uncommon for people to borrow money to finance their weddings, not understanding how tough it can be to repay. 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 difficulties, always seek financial help sooner rather than later. The sooner you act, the more options will be available. For any financial advice regarding your personal circumstances, speak to Bankruptcy Tablelands on 1300 818 575, or visit our website for additional details:

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