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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 fair understanding that weddings can be a costly exercise, but do you actually understand just how much the average wedding costs in Australia? A bit over $36,000, based on Australia’s Money Smart website. And that was in 2012! In today’s times, it’s probably somewhere around the $50,000 mark. I suppose if you have wealthy parents it wouldn’t be a problem, but unfortunately many of us don’t.

Let’s face it, $50,000 is a considerable amount of money! You could buy a franchise, put a down payment on a property, settle your student loans, or perhaps travel the world! The reality 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 prefer to have the wedding of our dreams, but we shouldn’t lose sight of 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 remarkable weddings on a shoestring. Indeed, it didn’t feature classy bridesmaid parties and catering for 500 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 looking at ways to save money, then here’s how.

There’s lots of ways to save thousands of dollars on your wedding venue alone. One of the most magnificent weddings I attended was in the backyard of a friend’s house. Other alternatives you could think about is hiring a local park for the day, or maybe the beach. The ambience is magnificent, you can personalise your wedding to precisely how you want it, and the costs are remarkably low. If you make the decision to have your wedding in a public area, just remember to speak to the local council and make reservations well in advance.

Wedding Date
Although many people prefer their weddings on a Saturday, the prices of venues are far more expensive 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 additionally have a dramatic impact on the fees of your venue. If you’re dead-set on having your reception in an indoor location, then reserve your wedding date in winter and you’ll save around a third of the costs for venue hire itself.

The fees of a professional photographer will commonly cost close to $4,000 for the whole day. With the remarkable specs of smartphone cameras nowadays, look into hiring a professional photographer only for the formalities and ask your buddies to take photos over the course of your wedding. You can create a hashtag on Twitter and get your friends to post their pictures, ensuring that there’ll be loads of natural photos that emulate the true spirit of your special day.

Food & Drinks
If you really intend to save money, then catering companies are your key target! They charge outrageous prices and aren’t really necessary at all. Think about 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 at hiring someone 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 delicious sauce and cheesy smashed potatoes! Always remember that most of the time, being different is much more memorable than being customary. Also, look for a venue that allows you to bring your own alcohol. You’ll save a pile of money this way, and you’ll have the ability to discuss a substantial discount when buying in bulk.

Don’t Borrow Money
It’s not out of the ordinary for couples to borrow money to cover their weddings, not understanding how tough it can be to repay. Not only will you be paying for the wedding itself, but also interest on top of that, which can often times 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 take action, the more options will be available. For any financial advice regarding your personal circumstances, reach out to Bankruptcy Fremantle on 1300 818 575, or visit our website for additional details:

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