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April 6, 20180

Weddings On A Budget – Ways To Save Money When Getting Hitched

Posted by:Bankruptcy Specialist onApril 6, 2018

Bankrupt Cairns,Bankruptcy Cairns,Insolvency Cairns

Most of us have a fair understanding that weddings can be an expensive exercise, but do you really understand 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 most likely 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 bunch of money! You could buy a business, put a down payment on a new home, settle your student loans, or perhaps travel the world! The reality is though, weddings are a celebration of two people who commit to devoting the rest of their lives with each other. 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 married myself, I have a close group of friends, and two of them managed to pull off the most splendid weddings on a shoestring. Obviously, it didn’t feature classy bridesmaid parties and catering for 500 guests, but it was intimate, unique, and everyone 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 loads of ways to save thousands of dollars on your wedding venue. One of the most gorgeous weddings I was invited to was in the garden of a friend’s home. Other options you could look into is hiring a community park for the day, or even the beach. The environment is awesome, you can personalise your wedding to precisely how you want it, and the costs are incredibly low. If you make the decision to have your wedding in a public location, just don’t forget to speak to the local council and book well ahead of time.

Wedding Date
Even though lots of people prefer their weddings on a Saturday, the rates of venues are much 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 additionally have a substantial effect on the rates of your venue. If you’re dead-set on having your reception in an indoor location, then organise your wedding date in winter and you’ll save more or less a third of the costs for venue hire itself.

Photography
The fees of a professional photographer will usually cost around $4,000 for the entire day. With the remarkable specs of smartphone cameras these days, think of hiring a professional photographer just for the formalities and ask your buddies to take photos throughout the duration of your wedding. You can make a hashtag on Twitter and ask your friends to publish their pics, ensuring that there’ll be lots of natural photos that resonate 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 extravagant prices and aren’t really necessary at all. Consider 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 serves gourmet pizza, or look at hiring an expert 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! Always remember that most of the time, being unique is far more memorable than being traditional. Furthermore, search for a venue that permits you to bring your own alcohol. You’ll save a bunch of money this way, and you’ll be able to negotiate a significant discount when buying in bulk.

Don’t Borrow Money
It’s not out of the ordinary for couples to borrow money to pay for their weddings, not understanding how hard 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 occasionally take years to repay. If you’ve had an extravagant wedding and found yourself in financial distress, always seek financial advice 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 Cairns on 1300 818 575, or visit our website for further info: http://www.bankruptcy-cairns.com.au/

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