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April 6, 2018Comments Closed

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

Posted by:Bankruptcy Specialist onApril 6, 2018

We all have a decent understanding that weddings can be a costly pursuit, but do you really know just how much the average wedding costs in Australia? A bit over $36,000, according to Australia’s Money Smart website. And that was in 2012! In today’s times, it’s most likely somewhere around the $50,000 mark. I guess if you have well-off parents it wouldn’t be a problem, but unfortunately most of us don’t.

Let’s admit it, $50,000 is a considerable amount of money! You could buy a company, put a deposit on a new house, repay your student loans, or perhaps travel the world! The fact 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 like to have the wedding of our dreams, but we shouldn’t lose sight of what’s really important.

While I’ve never married personally, I have a close group of friends, and two of them managed to pull off the most remarkable weddings on a shoestring. Naturally, it didn’t feature extravagant bridesmaid parties and catering for 300 guests, but it was unique, intimate, and every person who attended 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 alone. One of the most amazing weddings I was invited to was in the backyard of a friend’s home. Other alternatives you could look into is hiring a community park for the day, or perhaps the beach. The environment is astounding, you can customise your wedding to exactly how you want it, and the costs are incredibly low. If you opt to have your wedding in a public place, just don’t forget to speak to the local council and make reservations well ahead of time.

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 additionally have a substantial influence on the fees of your venue. If you’re dead-set on having your reception in an indoor location, then schedule your wedding date in winter and you’ll save roughly a third of the costs for venue hire itself.

Photography
The price of a professional photographer will typically cost close to $4,000 for the whole day. With the outstanding specs of smartphone cameras these days, think of hiring a professional photographer only for the formalities and ask your friends to take photos over the course of your wedding celebrations. You can make a hashtag on Twitter and ask your friends to upload their pictures, ensuring that there’ll be an abundance of natural pictures that emulate the true spirit of your special day.

Food & Drinks
If you really want to save money, then catering companies are your top target! They charge enormous prices and aren’t really necessary at all. Contemplate 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 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! Remember that most of the time, being unique is far more memorable than being customary. Furthermore, try to find a venue that allows you to bring your own alcohol. You’ll save a stack of money this way, and you’ll have the chance to discuss a significant discount when buying in bulk.

Don’t Borrow Money
It’s not unusual for people to borrow money to fund their weddings, not understanding how difficult 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 in some cases take years to pay off. If you’ve had a lavish wedding and found yourself in financial trouble, always seek financial assistance sooner rather than later. The sooner you act, the more choices will be available. For any financial guidance regarding your personal circumstances, get in contact with Bankruptcy Port Stephens on 1300 818 575, or visit our website for more info: https://www.bankruptcy-portstephens.com.au/

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