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

Most of us have a decent understanding that weddings can be a costly pursuit, but do you actually know how much the average wedding costs in Australia? Slightly over $36,000, according to Australia’s Money Smart website. And that was in 2012! Today, it’s most probably somewhere around the $50,000 mark. I guess if you have wealthy parents it wouldn’t be a concern, but unfortunately most of us don’t.

Let’s admit it, $50,000 is a huge amount of money! You could buy a franchise, put a deposit on a property, pay off your student loans, or perhaps 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 married personally, I have a close circle of friends, and two of them managed to pull off the most mind-blowing weddings on a shoestring. Needless to say, it didn’t involve extravagant bridesmaid parties and catering for 500 guests, but it was intimate, unique, and 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 location alone. One of the most stunning weddings I attended was in the garden of a friend’s home. Other options you could look into is hiring a community park for the day, or maybe the beach. The atmosphere is magnificent, you can personalise your wedding to exactly how you want it, and the costs are incredibly low. If you opt to have your wedding in a public location, just don’t forget to speak with the local council and book well ahead of time.

Wedding Date
Whilst many 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 similarly have a significant impact on the price 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 more or less a third of the costs for venue hire itself.

Photography
The fees of a professional photographer will normally cost close to $4,000 for the whole day. With the remarkable specs of smartphone cameras these days, look at hiring a professional photographer just for the formalities and ask your buddies to take pictures over the course of your wedding. You can make a hashtag on Twitter and ask your friends to publish their photos, 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 firms are your key target! They charge enormous prices and aren’t really necessary whatsoever. 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 serves gourmet pizza, or consider hiring somebody 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 scrumptious sauce and cheesy smashed potatoes! Always remember that most of the time, being original is far more memorable than being traditional. In addition, try to find a venue that permits you to bring your own alcohol. You’ll save a heap of money this way, and you’ll have the opportunity to negotiate a significant discount when buying in bulk.

Don’t Borrow Money
It’s not unusual for couples to borrow money to cover their weddings, not grasping how challenging 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 repay. If you’ve had an extravagant wedding and found yourself in financial hardship, always seek financial advice sooner rather than later. The sooner you take action, the more possibilities will be available. For any financial guidance regarding your personal circumstances, speak with Bankruptcy Experts Geelong on 1300 795 575, or visit our website for further details: www.bankruptcyexpertsgeelong.com.au

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