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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 an expensive exercise, but do you really understand 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! Nowadays, it’s quite likely somewhere around the $50,000 mark. I guess if you have well-off parents it wouldn’t be a concern, but unfortunately the majority of us don’t.

Let’s face it, $50,000 is a lot of money! You could buy a business, place a down payment on a new house, pay off your student loans, or perhaps travel the world! The reality is though, weddings are a celebration of two individuals 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.

While 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 luxurious bridesmaid parties and catering for 300 guests, but it was unique, intimate, and every person who came had the time of their lives. If you’re organising a wedding on a budget and looking at ways to save money, then here’s how.

There’s numerous ways to save thousands of dollars on your wedding venue alone. One of the most amazing weddings I was invited to was in the backyard of a friend’s house. Other alternatives you could contemplate is hiring a community park for the day, or perhaps the beach. The ambience is fantastic, you can personalise your wedding to precisely how you want it, and the costs are exceptionally low. If you choose to have your wedding in a public area, just remember to speak with the local council and book well ahead of time.

Wedding Date
While the majority of people prefer their weddings on a Saturday, the prices 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 substantial effect on the rates of your venue. If you’re dead-set on having your wedding reception in an indoor area, then reserve your wedding date in winter and you’ll save close to a third of the costs for venue hire.

The cost of a professional photographer will commonly cost close to $4,000 for the whole day. With the incredible specs of smartphone cameras nowadays, look at hiring a professional photographer only for the formalities and ask your buddies to take photos throughout the duration of your wedding celebrations. You can create a hashtag on Twitter and get your friends to post their pics, ensuring that there’ll be lots of natural pictures that reflect the true spirit of your special day.

Food & Drinks
If you really want to save money, then catering companies are your prime target! They charge extravagant prices and aren’t all that necessary. Think about putting together your own food and drinks and don’t hesitate to go against the grain here.

You could hire a wood fire pizza truck that offers gourmet pizza, or look at hiring somebody 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 original is far more memorable than being conventional. In addition, try to find a venue that allows you to bring your own alcohol. You’ll save a bundle 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 out of the ordinary for newlyweds to borrow money to cover their weddings, not realising how challenging 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 lavish wedding and found yourself in financial trouble, always seek financial assistance sooner rather than later. The sooner you act, the more options will be available. For any financial guidance regarding your personal situation, talk with Bankruptcy Northern Rivers on 1300 818 575, or visit our website for further details:

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