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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

Most of us have a fairly good understanding that weddings can be a costly pursuit, 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! In today’s times, it’s likely somewhere around the $50,000 mark. I guess if you have wealthy parents it wouldn’t be an issue, but unfortunately many of us don’t.

Let’s admit it, $50,000 is a great deal of money! You could purchase a business, 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 spending the rest of their lives together. Sure, we ‘d all love to have the wedding of our dreams, but we shouldn’t forget what’s really important.

While 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 splendid weddings on a shoestring. Needless to say, it didn’t feature expensive bridesmaid parties and catering for 300 guests, but it was unique, intimate, and almost everyone who came had the time of their lives. If you’re planning a wedding on a budget and trying to find ways to save money, then here’s how.

Location
There’s numerous ways to save thousands of dollars on your wedding location. One of the most gorgeous weddings I was invited to was in the backyard of a friend’s home. Other alternatives you could consider is hiring a neighbourhood park for the day, or even the beach. The atmosphere is awesome, you can customise your wedding to precisely how you want it, and the costs are unbelievably low. If you make the decision to have your wedding in a public place, just don’t forget to talk to the local council and make reservations well in advance.

Wedding Date
Whilst the majority of people prefer their weddings on a Saturday, the prices of venues are far 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 likewise have a considerable impact on the fees of your venue. If you’re dead-set on having your reception in an indoor location, 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 generally cost roughly $4,000 for the whole day. With the remarkable specs of smartphone cameras nowadays, consider hiring a professional photographer just for the formalities and ask your friends to take photos throughout the duration of your wedding. You can make a hashtag on Twitter and ask your friends to upload their pics, ensuring that there’ll be lots of natural pictures that reflect the true spirit of your special day.

Food & Drinks
If you really intend to save money, then catering firms are your primary target! They charge exorbitant prices and aren’t really necessary whatsoever. Think about arranging 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 look at hiring somebody 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 mouth watering sauce and cheesy smashed potatoes! Don’t forget that most of the time, being different is far more memorable than being conventional. Equally, look for a venue that allows you to bring your own alcohol. You’ll save a stack of money this way, and you’ll have the opportunity to work out a significant discount when buying in bulk.

Don’t Borrow Money
It’s not unusual for newlyweds to borrow money to cover their weddings, not grasping how tough it can be to repay. Not only will you be borrowing money for the wedding itself, but also interest on top of that, which can often times take years to pay off. If you’ve had an extravagant wedding and found yourself in financial difficulties, always seek financial guidance sooner rather than later. The sooner you act, the more options will be available. For any financial advice regarding your personal circumstances, phone Bankruptcy Lismore on 1300 818 575, or visit our website for additional information: https://www.bankruptcy-lismore.com.au/

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