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

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

Let’s admit it, $50,000 is a bunch of money! You could purchase a company, put a deposit on a property, settle your student loans, or even travel the world! The truth is though, weddings are a celebration of two people who commit to spending 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.

Although I’ve never walked down the aisle myself, I have a close group of friends, and two of them managed to pull off the most extraordinary weddings on a shoestring. Needless to say, it didn’t consist of extravagant bridesmaid parties and catering for 500 guests, but it was unique, intimate, and every person 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 numerous ways to save thousands of dollars on your wedding location. One of the most beautiful weddings I attended was in the garden of a friend’s house. Other options you could consider is hiring a community park for the day, or perhaps the beach. The atmosphere is magnificent, you can personalise your wedding to precisely how you want it, and the costs are incredibly low. If you decide to have your wedding in a public area, just remember to speak to the local council and make reservations well ahead of time.

Wedding Date

While the majority of people prefer their weddings on a Saturday, the costs of venues are much more costly on Saturday than any other day of the week. Consider having your wedding on a Friday or Sunday where Monday is a public holiday. The time of year will likewise have a dramatic impact on the rates of your venue. If you’re dead-set on having your wedding reception in an indoor location, then organise your wedding date in winter and you’ll save roughly a third of the costs for venue hire.

Photography

The fees of a professional photographer will normally cost about $4,000 for the whole day. With the amazing specs of smartphone cameras these days, look at hiring a professional photographer only for the formalities and ask your buddies to take pictures over the course of your wedding celebrations. You can create a hashtag on Twitter and get your friends to publish their photos, ensuring that there’ll be plenty of natural photos that emulate the true spirit of your special day.

Food & Drinks

If you really intend to save money, then catering businesses are your primary target! They charge outrageous prices and aren’t all that necessary. Contemplate putting together 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 offers gourmet pizza, or look into 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 unique is much more memorable than being traditional. Similarly, try to find a venue that permits you to bring your own alcohol. You’ll save a heap of money this way, and you’ll be able to work out a significant 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 challenging it can be to repay. Not only will you be paying 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 a luxurious wedding and found yourself in financial trouble, always seek financial help sooner rather than later. The sooner you act, the more options will be available. For any financial guidance regarding your personal circumstances, get in touch with Bankruptcy Experts Australia on 1300 795 575, or visit our website for further details: Bankruptcy Australia

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