April 6, 2018 0

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

Posted by:Charles Bosse onApril 6, 2018

We all have a decent understanding that weddings can be a costly 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! In today’s times, it’s most likely somewhere around the $50,000 mark. I suppose if you have rich parents it wouldn’t be a concern, but unfortunately many of us don’t.

Let’s face it, $50,000 is a huge amount of money! You could purchase a company, place a deposit on a new home, settle your student loans, or even travel the world! The truth 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 prefer to have the wedding of our dreams, but we shouldn’t forget what’s really important.

Although I’ve never been married myself, I have a close circle 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 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 at ways to save money, then here’s how.

Location

There’s loads of ways to save thousands of dollars on your wedding venue alone. One of the most gorgeous weddings I was invited to was in the backyard of a friend’s home. Other choices you could look into is hiring a neighbourhood park for the day, or even the beach. The atmosphere is remarkable, you can personalise your wedding to exactly how you want it, and the costs are extremely low. If you choose to have your wedding in a public place, 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 costs of venues are much more pricey on Saturday than any other day of the week. Think about having your wedding on a Friday or Sunday where Monday is a public holiday. The time of year will also have a dramatic impact on the cost of your venue. If you’re dead-set on having your wedding 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.

Photography

The fees of a professional photographer will normally cost roughly $4,000 for the whole day. With the outstanding specs of smartphone cameras these days, consider hiring a professional photographer just for the formalities and ask your friends to take pictures 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 photos that mirror the true spirit of your special day.

Food & Drinks

If you really want to save money, then catering companies are your primary target! They charge exorbitant prices and aren’t all that necessary. Consider preparing 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 consider hiring a friend to roast a whole pig in the ground and make the sides by yourself. For me, there’s nothing better than a pulled pork burger with scrumptious sauce and cheesy smashed potatoes! Always remember that most of the time, being different is far more memorable than being traditional. Equally, look for a venue that enables you to bring your own alcohol. You’ll save a bundle of money this way, and you’ll have the opportunity to arrange a sizeable discount when buying in bulk.

Don’t Borrow Money6

It’s not uncommon for couples to borrow money to pay for their weddings, not understanding how hard it can be to pay back. Not only will you be borrowing money 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 distress, always seek financial advice sooner rather than later. The sooner you take action, the more possibilities will be available. For any financial assistance regarding your personal situation, get in contact with Fresh Start Solutions Adelaide on 1300 818 575, or visit our website for further info: Bankruptcy Adelaide

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