We all have a pretty good understanding that weddings can be a costly pursuit, but do you actually know just how much the average wedding costs in Australia? A little over $36,000, based on Australia’s Money Smart website. And that was in 2012! At present, it’s probably somewhere around the $50,000 mark. I suppose if you have well-off parents it wouldn’t be a problem, but unfortunately the majority of us don’t.
Let’s face it, $50,000 is a huge amount of money! You could buy a business, put a deposit on a property, repay your student loans, or even 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 want 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 remarkable weddings on a shoestring. Of course, it didn’t consist of classy bridesmaid parties and catering for 300 guests, but it was intimate, unique, and almost everyone who came 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.
There’s a number of ways to save thousands of dollars on your wedding location alone. One of the most stunning weddings I was invited to was in the garden of a friend’s house. Other options you could look into is hiring a local park for the day, or maybe the beach. The environment is amazing, you can personalise your wedding to precisely how you want it, and the costs are remarkably low. If you choose to have your wedding in a public area, just don’t forget to speak to the local council and book well ahead of time.
Although lots of people prefer their weddings on a Saturday, the costs of venues are far more costly 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 additionally have a substantial impact on the fees of your venue. If you’re dead-set on having your wedding reception in an indoor location, then book your wedding date in winter and you’ll save roughly a third of the costs for venue hire itself.
The cost of a professional photographer will commonly cost about $4,000 for the whole day. With the outstanding specs of smartphone cameras these days, look into hiring a professional photographer only for the formalities and ask your buddies to take pictures over the course of your wedding celebrations. You can make a hashtag on Twitter and get your friends to post their photos, ensuring that there’ll be loads of natural pictures that mirror the true spirit of your special day.
Food & Drinks
If you really intend to save money, then catering firms are your top target! They charge outrageous 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 serves gourmet pizza, or look into 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 unique is far more memorable than being customary. Moreover, look for a venue that permits you to bring your own alcohol. You’ll save a bunch of money this way, and you’ll have the ability to discuss a substantial discount when buying in bulk.
Don’t Borrow Money
It’s not unusual for couples to borrow money to fund their weddings, not realising how challenging it can be to repay. Not only will you be borrowing money 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 difficulties, always seek financial help sooner rather than later. The sooner you act, the more possibilities will be available. For any financial guidance regarding your personal situation, reach out to Bankruptcy Experts Rockingham on 1300 795 575, or visit our website for further information: www.bankruptcyexpertsrockingham.com.au