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April 6, 2018Comments Closed

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

Posted by:Bankruptcy Specialist onApril 6, 2018

We all have a fairly good understanding that weddings can be an expensive pursuit, but do you actually know just how much the average wedding costs in Australia? Slightly over $36,000, according to Australia’s Money Smart website. And that was in 2012! These days, it’s perhaps somewhere around the $50,000 mark. I suppose if you have well-off parents it wouldn’t be a problem, but unfortunately the majority of us don’t.

Let’s admit it, $50,000 is a great deal of money! You could purchase a company, place a deposit on a property, pay off your student loans, or even travel the world! The fact 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 love to have the wedding of our dreams, but we shouldn’t forget what’s really important.

Although I’ve never been married personally, I have a close group of friends, and two of them managed to pull off the most mind-blowing weddings on a shoestring. Needless to say, it didn’t include luxurious bridesmaid parties and catering for 400 guests, but it was unique, intimate, and 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 loads of ways to save thousands of dollars on your wedding location. One of the most stunning weddings I was invited to was in the backyard of a friend’s house. Other options you could contemplate is hiring a community park for the day, or perhaps the beach. The ambience is astounding, you can customise your wedding to precisely how you want it, and the costs are tremendously low. If you choose to have your wedding in a public area, just don’t forget to speak with the local council and book well ahead of time.

Wedding Date
Whilst 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. Look at having your wedding on a Friday or Sunday where Monday is a public holiday. The time of year will additionally have a substantial influence on the price 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 roughly a third of the costs for venue hire.

Photography
The fees of a professional photographer will normally cost close to $4,000 for the entire day. With the amazing specs of smartphone cameras nowadays, contemplate hiring a professional photographer just for the formalities and ask your friends to take photos over the course of your wedding. You can create a hashtag on Twitter and ask your friends to upload their pics, ensuring that there’ll be loads of natural photos that emulate the true spirit of your special day.

Food & Drinks
If you really wish to save money, then catering firms are your prime target! They charge exorbitant prices and aren’t all that necessary. Think about arranging 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 at hiring a professional 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 delicious sauce and cheesy smashed potatoes! Always remember that most of the time, being different is far more memorable than being conventional. Similarly, look for a venue that permits you to bring your own alcohol. You’ll save a bunch of money this way, and you’ll have the ability to arrange a significant discount when buying in bulk.

Don’t Borrow Money
It’s not uncommon for people to borrow money to cover their weddings, not grasping how difficult it can be to pay back. Not only will you be paying for the wedding itself, but also interest on top of that, which can occasionally take years to repay. If you’ve had a luxurious wedding and found yourself in financial hardship, always seek financial help sooner rather than later. The sooner you take action, the more options will be available. For any financial assistance regarding your personal circumstances, talk to Bankruptcy Port Macquarie on 1300 818 575, or visit our website for additional info: https://www.bankruptcy-portmacquarie.com.au/

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