We all have a decent understanding that weddings can be an expensive exercise, but do you really understand just how much the average wedding costs in Australia? Slightly over $36,000, based on Australia’s Money Smart website. And that was in 2012! At present, it’s quite likely somewhere around the $50,000 mark. I suppose if you have wealthy parents it wouldn’t be an issue, but unfortunately most of us don’t.
Let’s face it, $50,000 is a great deal of money! You could buy a franchise, put a deposit on a new house, repay your student loans, or maybe travel the world! The truth is though, weddings are a celebration of two individuals who commit to devoting 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 been married myself, I have a close group of friends, and two of them managed to pull off the most memorable weddings on a shoestring. Indeed, it didn’t feature extravagant bridesmaid parties and catering for 300 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 plenty of ways to save thousands of dollars on your wedding location. One of the most beautiful weddings I attended was in the backyard of a friend’s house. Other options you could look into is hiring a neighbourhood park for the day, or even the beach. The ambience is astounding, you can personalise your wedding to precisely how you want it, and the costs are tremendously low. If you make the decision to have your wedding in a public location, just remember to consult the local council and make reservations well ahead of time.
Whilst many people prefer their weddings on a Saturday, the prices 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 substantial effect on the cost 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 more or less a third of the costs for venue hire.
The cost of a professional photographer will generally cost roughly $4,000 for the whole day. With the incredible specs of smartphone cameras nowadays, think about hiring a professional photographer just for the formalities and ask your friends to take pictures over the course of your wedding celebrations. You can make a hashtag on Twitter and ask your friends to publish 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 prime target! They charge extravagant prices and aren’t all that necessary. Think about organising 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 look into hiring an expert 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 delicious sauce and cheesy smashed potatoes! Remember that most of the time, being original is far more memorable than being conventional. Additionally, 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 sizeable 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 understanding how tough it can be to pay back. Not only will you be paying for the wedding itself, but also interest on top of that, which can sometimes take years to repay. If you’ve had a lavish wedding and found yourself in financial distress, always seek financial assistance sooner rather than later. The sooner you act, the more options will be available. For any financial assistance regarding your personal situation, get in touch with Bankruptcy Experts Hervey Bay on 1300 795 575, or visit our website for more information: www.bankruptcyexpertsherveybay.com.au