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April 6, 2018 Comments Closed

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

Posted by:Bankruptcy Specialist onApril 6, 2018

We all have a pretty good understanding that weddings can be a costly pursuit, but do you really understand just how much the average wedding costs in Australia? A bit over $36,000, based on Australia’s Money Smart website. And that was in 2012! Today, it’s quite likely somewhere around the $50,000 mark. I suppose if you have well-off parents it wouldn’t be an issue, but unfortunately the majority of us don’t.

Let’s face it, $50,000 is a huge amount of money! You could purchase a company, put a down payment on a new home, repay your student loans, or maybe travel the world! The truth 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.

While I’ve never been married myself, I have a close group of friends, and two of them managed to pull off the most unforgettable weddings on a shoestring. Indeed, it didn’t feature extravagant bridesmaid parties and catering for 300 guests, but it was unique, intimate, and everybody who attended 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.

Location
There’s plenty of ways to save thousands of dollars on your wedding location alone. One of the most wonderful weddings I attended was in the garden of a friend’s house. Other options you could think about is hiring a local park for the day, or even the beach. The atmosphere is awesome, you can personalise your wedding to exactly how you want it, and the costs are incredibly low. If you opt to have your wedding in a public location, just don’t forget to consult the local council and make reservations well ahead of time.

Wedding Date
Whilst many people prefer their weddings on a Saturday, the prices of venues are far more expensive on Saturday than any other day of the week. Look at having your wedding on a Friday or Sunday where Monday is a public holiday. The time of year will additionally have a dramatic effect on the fees of your venue. If you’re dead-set on having your reception in an indoor area, then reserve 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 typically cost around $4,000 for the whole day. With the incredible 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. You can make a hashtag on Twitter and ask your friends to post their photos, ensuring that there’ll be lots of natural photos that mirror 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 outrageous prices and aren’t all that necessary. Consider putting together your own food and drinks and don’t hesitate to go against the grain here.

You could hire a wood fire pizza truck that offers gourmet pizza, or look at hiring a friend 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! Always remember that most of the time, being different is far more memorable than being conventional. Furthermore, try to find a venue that enables you to bring your own alcohol. You’ll save a pile of money this way, and you’ll have the opportunity to arrange a significant discount when buying in bulk.

Don’t Borrow Money
It’s not unusual for newlyweds to borrow money to finance their weddings, not grasping how difficult 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 pay off. If you’ve had a lavish wedding and found yourself in financial trouble, always seek financial assistance sooner rather than later. The sooner you act, the more choices will be available. For any financial guidance regarding your personal circumstances, get in contact with Bankruptcy Whitsundays on 1300 818 575, or visit our website for more information: http://www.bankruptcy-whitsundays.com.au/

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