Most of us have a fair understanding that weddings can be a costly exercise, but do you actually understand 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 rich parents it wouldn’t be an issue, but unfortunately many of us don’t.
Let’s face it, $50,000 is a bunch of money! You could purchase a franchise, place a down payment on a property, pay off your student loans, or even travel the world! The reality 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.
While I’ve never walked down the aisle personally, 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 involve costly bridesmaid parties and catering for 500 guests, but it was unique, intimate, 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 venue. One of the most stunning weddings I was invited to was in the backyard of a friend’s house. Other choices you could contemplate is hiring a community park for the day, or even the beach. The ambience is awesome, you can customise your wedding to precisely how you want it, and the costs are unbelievably low. If you choose to have your wedding in a public place, just don’t forget to consult the local council and make reservations well ahead of time.
Whilst lots of people prefer their weddings on a Saturday, the prices of venues are much more pricey 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 likewise have a substantial impact on the rates of your venue. If you’re dead-set on having your reception in an indoor area, then book your wedding date in winter and you’ll save more or less a third of the costs for venue hire.
The price of a professional photographer will frequently cost about $4,000 for the whole day. With the amazing specs of smartphone cameras nowadays, consider hiring a professional photographer only for the formalities and ask your buddies to take photos over the course of your wedding celebrations. You can make a hashtag on Twitter and ask your friends to publish their pics, ensuring that there’ll be an abundance of natural photos that resonate the true spirit of your special day.
Food & Drinks
If you really intend to save money, then catering companies are your prime target! They charge exorbitant prices and aren’t really necessary whatsoever. Contemplate 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 mouth watering sauce and cheesy smashed potatoes! Don’t forget that most of the time, being original is much more memorable than being customary. Moreover, look for a venue that enables you to bring your own alcohol. You’ll save a stack of money this way, and you’ll have the ability to negotiate a considerable discount when buying in bulk.
Don’t Borrow Money
It’s not uncommon for couples to borrow money to cover their weddings, not realising 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 hardship, always seek financial guidance sooner rather than later. The sooner you act, the more possibilities will be available. For any financial assistance regarding your personal circumstances, talk with Bankruptcy Experts Albury on 1300 795 575, or visit our website for more information: www.bankruptcyexpertsalbury.com.au