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April 6, 20180

Weddings On A Budget – 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 an expensive pursuit, but do you really know 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! At present, it’s probably somewhere around the $50,000 mark. I suppose if you have rich parents it wouldn’t be a problem, but unfortunately many of us don’t.

Let’s face it, $50,000 is a huge amount of money! You could purchase a franchise, place a down payment on a new house, repay your student loans, or even travel the world! The truth 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 love to have the wedding of our dreams, but we shouldn’t forget what’s really important.

Whilst I’ve never been married myself, I have a close circle of friends, and two of them managed to pull off the most remarkable weddings on a shoestring. Needless to say, it didn’t involve classy bridesmaid parties and catering for 400 guests, but it was unique, intimate, and almost everyone who attended 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.

There’s many ways to save thousands of dollars on your wedding location alone. One of the most stylish weddings I was invited to was in the garden of a friend’s home. Other choices you could consider is hiring a community park for the day, or maybe the beach. The environment is amazing, you can personalise your wedding to precisely how you want it, and the costs are extremely low. If you opt to have your wedding in a public place, just remember to consult the local council and make reservations well in advance.

Wedding Date
Even though lots of 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 also have a significant influence on the price of your venue. If you’re dead-set on having your reception in an indoor location, then organise your wedding date in winter and you’ll save close to a third of the costs for venue hire.

The cost of a professional photographer will usually cost roughly $4,000 for the whole day. With the remarkable specs of smartphone cameras these days, contemplate hiring a professional photographer just for the formalities and ask your friends to take pictures over the course of your wedding. You can make a hashtag on Twitter and ask 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 want to save money, then catering companies are your top target! They charge exorbitant prices and aren’t really necessary at all. Consider preparing your own food and drinks and don’t hesitate to go against the grain here.

You could hire a wood fire pizza truck that serves gourmet pizza, or consider hiring a professional to roast a whole pig in the ground and make the sides by yourself. For me, there’s nothing better than a pulled pork burger with scrumptious sauce and cheesy smashed potatoes! Don’t forget that most of the time, being different is far more memorable than being conventional. In addition, look for a venue that permits you to bring your own alcohol. You’ll save a stack 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 pay for their weddings, not understanding 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 in some cases take years to pay off. If you’ve had an extravagant 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 assistance regarding your personal circumstances, talk with Bankruptcy Frankston on 1300 818 575, or visit our website for additional information:

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