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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

Most of us have a decent understanding that weddings can be a costly exercise, but do you actually understand just how much the average wedding costs in Australia? Slightly over $36,000, according to Australia’s Money Smart website. And that was in 2012! At present, it’s most probably somewhere around the $50,000 mark. I suppose if you have well-off parents it wouldn’t be a concern, but unfortunately the majority of us don’t.

Let’s face it, $50,000 is a huge amount of money! You could buy a franchise, put a down payment on a property, settle your student loans, or maybe travel the world! The fact 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 like to have the wedding of our dreams, but we shouldn’t lose sight of what’s really important.

While I’ve never married personally, I have a close circle of friends, and two of them managed to pull off the most extraordinary weddings on a shoestring. Needless to say, it didn’t feature extravagant 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 many ways to save thousands of dollars on your wedding location alone. One of the most breathtaking weddings I was invited to was in the backyard of a friend’s home. Other options you could contemplate is hiring a local park for the day, or perhaps the beach. The ambience is remarkable, you can customise your wedding to precisely how you want it, and the costs are unbelievably low. If you choose to have your wedding in a public location, just remember to talk with the local council and book well ahead of time.

Wedding Date
Whilst most people prefer their weddings on a Saturday, the prices of venues are much more costly 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 dramatic impact on the cost of your venue. If you’re dead-set on having your wedding reception in an indoor area, then organise your wedding date in winter and you’ll save close to a third of the costs for venue hire.

Photography
The cost of a professional photographer will generally cost about $4,000 for the whole day. With the impressive specs of smartphone cameras these days, look into hiring a professional photographer only for the formalities and ask your buddies to take pictures throughout the duration of your wedding celebrations. You can create a hashtag on Twitter and get your friends to post their pics, ensuring that there’ll be lots 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 prime target! They charge enormous prices and aren’t really necessary whatsoever. Think about 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 at hiring a professional 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 scrumptious sauce and cheesy smashed potatoes! Always remember that most of the time, being original is far more memorable than being traditional. Equally, look for a venue that allows you to bring your own alcohol. You’ll save a bunch of money this way, and you’ll have the chance to discuss 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 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 lavish wedding and found yourself in financial difficulties, always seek financial guidance sooner rather than later. The sooner you act, the more choices will be available. For any financial guidance regarding your personal circumstances, reach out to Bankruptcy Rockhampton on 1300 818 575, or visit our website for additional details: http://www.bankruptcy-rockhampton.com.au/

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