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April 6, 2018Comments Closed

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

Posted by:Bankruptcy Specialist onApril 6, 2018

We all have a fair understanding that weddings can be an expensive pursuit, but do you really understand just 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 most probably somewhere around the $50,000 mark. I guess if you have rich parents it wouldn’t be a concern, but unfortunately the majority of us don’t.

Let’s admit it, $50,000 is a great deal of money! You could purchase a franchise, place a down payment on a new home, pay off your student loans, or even travel the world! The reality is though, weddings are a celebration of two people who commit to devoting the rest of their lives together. Sure, we ‘d all prefer to have the wedding of our dreams, but we shouldn’t forget what’s really important.

Even though I’ve never married personally, I have a close group of friends, and two of them managed to pull off the most extraordinary weddings on a shoestring. Obviously, it didn’t include costly bridesmaid parties and catering for 500 guests, but it was intimate, unique, and almost everyone who attended had the time of their lives. If you’re about to get married on a budget and looking for 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 magnificent weddings I was invited to was in the garden of a friend’s house. Other choices you could look into is hiring a local park for the day, or even the beach. The environment is fantastic, you can personalise your wedding to exactly how you want it, and the costs are exceptionally low. If you opt to have your wedding in a public place, just don’t forget to consult with the local council and book well in advance.

Wedding Date
Whilst the majority of people prefer their weddings on a Saturday, the costs of venues are much more pricey 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 also have a significant impact 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 approximately a third of the costs for venue hire itself.

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

Food & Drinks
If you really intend to save money, then catering firms are your top target! They charge enormous prices and aren’t all that necessary. Contemplate organising 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 friend 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 tasty sauce and cheesy smashed potatoes! Don’t forget that most of the time, being different is much more memorable than being conventional. Similarly, look for 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 discuss a substantial discount when buying in bulk.

Don’t Borrow Money
It’s not unusual for couples to borrow money to cover their weddings, not understanding how hard it can be to repay. Not only will you be paying for the wedding itself, but also interest on top of that, which can sometimes take years to repay. If you’ve had a lavish wedding and found yourself in financial difficulties, always seek financial assistance sooner rather than later. The sooner you act, the more possibilities will be available. For any financial assistance regarding your personal circumstances, get in touch with Bankruptcy Ipswich on 1300 818 575, or visit our website for more information: http://www.bankruptcy-ipswich.com.au/

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