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April 6, 2018Comments Closed

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

Posted by:Bankruptcy Specialist onApril 6, 2018

Bankruptcy Alice Springs,Bankrupt Alice Springs,Insolvency Alice Springs

Most of us have a fair understanding that weddings can be a costly exercise, but do you actually 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! Today, it’s perhaps somewhere around the $50,000 mark. I suppose if you have rich parents it wouldn’t be a problem, but unfortunately many of us don’t.

Let’s face it, $50,000 is a lot of money! You could buy a company, place a deposit on a new home, pay off your student loans, or even 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 prefer to have the wedding of our dreams, but we shouldn’t lose sight of what’s really important.

Even though I’ve never been married myself, I have a close circle of friends, and two of them managed to pull off the most unforgettable weddings on a shoestring. Obviously, it didn’t consist of luxurious bridesmaid parties and catering for 300 guests, but it was unique, intimate, and everyone who attended 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 lots of ways to save thousands of dollars on your wedding location. One of the most wonderful weddings I was invited to was in the garden of a friend’s house. Other options you could contemplate is hiring a community park for the day, or maybe the beach. The environment is spectacular, you can customise your wedding to exactly how you want it, and the costs are tremendously low. If you choose to have your wedding in a public location, just remember to call the local council and book well ahead of time.

Wedding Date
Whilst lots of people prefer their weddings on a Saturday, the costs of venues are far more pricey on Saturday than any other day of the week. Look into having your wedding on a Friday or Sunday where Monday is a public holiday. The time of year will similarly have a considerable influence on the price 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 around a third of the costs for venue hire.

The fees of a professional photographer will generally cost about $4,000 for the whole day. With the exceptional specs of smartphone cameras these days, think of hiring a professional photographer just 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 pics, ensuring that there’ll be an abundance 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. Think about preparing 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 offers 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 tasty sauce and cheesy smashed potatoes! Remember that most of the time, being unique is far more memorable than being customary. Furthermore, 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 Money
It’s not out of the ordinary for people to borrow money to fund their weddings, not knowing how tough it can be to repay. Not only will you be paying for the wedding itself, but also interest on top of that, which can frequently take years to pay off. If you’ve had a lavish wedding and found yourself in financial trouble, always seek financial help sooner rather than later. The sooner you act, the more possibilities will be available. For any financial advice regarding your personal circumstances, get in touch with Bankruptcy Alice Springs on 1300 818 575, or visit our website for more info:

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