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April 6, 2018Comments Closed

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

Posted by:Bankruptcy Specialist onApril 6, 2018

Bankrupt Bundaberg,Bankruptcy Bundaberg,Insolvency Bundaberg

We all have a decent understanding that weddings can be an expensive pursuit, but do you really understand 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 probably somewhere around the $50,000 mark. I guess if you have rich parents it wouldn’t be a concern, but unfortunately most of us don’t.

Let’s face it, $50,000 is a bunch of money! You could purchase a franchise, place a deposit on a property, repay your student loans, or even travel the world! The reality is though, weddings are a celebration of two people who commit to spending the rest of their lives together. Sure, we ‘d all like to have the wedding of our dreams, but we shouldn’t lose sight of what’s really important.

Even though I’ve never walked down the aisle personally, I have a close group of friends, and two of them managed to pull off the most remarkable weddings on a shoestring. Indeed, it didn’t involve costly bridesmaid parties and catering for 400 guests, but it was unique, intimate, and everybody 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 lots of ways to save thousands of dollars on your wedding venue alone. One of the most gorgeous weddings I attended was in the garden of a friend’s house. Other choices you could contemplate is hiring a local park for the day, or even the beach. The atmosphere is extraordinary, you can customise your wedding to precisely how you want it, and the costs are incredibly low. If you choose to have your wedding in a public area, just remember to speak with the local council and book well in advance.

Wedding Date
While most people prefer their weddings on a Saturday, the costs 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 likewise have a significant influence on the rates of your venue. If you’re dead-set on having your wedding reception in an indoor area, then schedule your wedding date in winter and you’ll save more or less a third of the costs for venue hire itself.

Photography
The price of a professional photographer will commonly cost around $4,000 for the entire day. With the impressive specs of smartphone cameras nowadays, consider hiring a professional photographer only for the formalities and ask your buddies to take pictures throughout the duration of your wedding. You can make a hashtag on Twitter and get your friends to publish their photos, ensuring that there’ll be plenty of natural photos that resonate the true spirit of your special day.

Food & Drinks
If you really wish to save money, then catering firms are your top target! They charge extravagant prices and aren’t really necessary whatsoever. Think about 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 look at hiring a friend 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 tasty sauce and cheesy smashed potatoes! Don’t forget that most of the time, being different is far more memorable than being customary. Similarly, search for a venue that allows you to bring your own alcohol. You’ll save a stack of money this way, and you’ll be able to discuss a considerable discount when buying in bulk.

Don’t Borrow Money
It’s not uncommon for newlyweds to borrow money to fund their weddings, not understanding 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 sometimes take years to pay off. If you’ve had a luxurious wedding and found yourself in financial difficulties, always seek financial assistance sooner rather than later. The sooner you take action, the more choices will be available. For any financial guidance regarding your personal situation, get in touch with Bankruptcy Bundaberg on 1300 818 575, or visit our website for more info: http://www.bankruptcy-bundaberg.com.au/

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