Most of us have a decent understanding that weddings can be a costly pursuit, but do you really know just how much the average wedding costs in Australia? A little over $36,000, according to Australia’s Money Smart website. And that was in 2012! At present, it’s quite possibly somewhere around the $50,000 mark. I guess if you have rich parents it wouldn’t be an issue, but unfortunately many of us don’t.
Let’s admit it, $50,000 is a great deal of money! You could buy a franchise, put a down payment on a property, settle your student loans, or perhaps travel the world! The fact is though, weddings are a celebration of two individuals who commit to devoting the rest of their lives together. Sure, we ‘d all want to have the wedding of our dreams, but we shouldn’t forget what’s really important.
While I’ve never walked down the aisle myself, I have a close group of friends, and two of them managed to pull off the most splendid weddings on a shoestring. Indeed, it didn’t feature classy bridesmaid parties and catering for 400 guests, but it was intimate, unique, and everybody who attended had the time of their lives. If you’re about to get married on a budget and trying to find 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 breathtaking weddings I attended was in the garden of a friend’s home. Other options you could contemplate is hiring a local park for the day, or even the beach. The ambience is amazing, you can customise your wedding to precisely how you want it, and the costs are remarkably low. If you opt to have your wedding in a public location, just don’t forget to contact the local council and book well in advance.
Whilst lots of people prefer their weddings on a Saturday, the prices of venues are far more expensive on Saturday than any other day of the week. Look at having your wedding on a Friday or Sunday where Monday is a public holiday. The time of year will additionally have a considerable effect on the price of your venue. If you’re dead-set on having your wedding reception in an indoor location, then schedule your wedding date in winter and you’ll save roughly a third of the costs for venue hire.
The price of a professional photographer will commonly cost close to $4,000 for the entire day. With the impressive specs of smartphone cameras nowadays, think about hiring a professional photographer only for the formalities and ask your friends to take photos over the course of your wedding celebrations. You can create a hashtag on Twitter and ask your friends to post their pics, ensuring that there’ll be lots of natural pictures that resonate the true spirit of your special day.
Food & Drinks
If you really wish to save money, then catering businesses are your key target! They charge exorbitant prices and aren’t all that necessary. Think about organising 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 someone 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 mouth watering sauce and cheesy smashed potatoes! Remember that most of the time, being unique is much more memorable than being traditional. In addition, look for a venue that enables you to bring your own alcohol. You’ll save a bunch of money this way, and you’ll have the ability to negotiate a substantial discount when buying in bulk.
Don’t Borrow Money
It’s not out of the ordinary for newlyweds to borrow money to cover 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 sometimes take years to repay. If you’ve had an extravagant wedding and found yourself in financial trouble, always seek financial assistance sooner rather than later. The sooner you take action, the more choices will be available. For any financial advice regarding your personal situation, phone Bankruptcy Experts Mildura on 1300 795 575, or visit our website for more info: www.bankruptcyexpertsmildura.com.au