Weddings On A Budget – Tips On How To Save Money When Getting Married

Most of us have a fairly good understanding that weddings can be a costly pursuit, but do you really know just how much the average wedding costs in Australia? Slightly over $36,000, according to Australia’s Money Smart website. And that was in 2012! At present, it’s likely somewhere around the $50,000 mark. I guess if you have rich parents it wouldn’t be a concern, but unfortunately most of us don’t.

Let’s face it, $50,000 is a huge amount of money! You could buy a franchise, put a deposit on a property, settle your student loans, or even travel the world! The fact 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 prefer to have the wedding of our dreams, but we shouldn’t lose sight of what’s really important.

Whilst I’ve never been married myself, I have a close circle of friends, and two of them managed to pull off the most extraordinary weddings on a shoestring. Of course, it didn’t involve luxurious bridesmaid parties and catering for 300 guests, but it was unique, intimate, and everybody who came had the time of their lives. If you’re organising a wedding on a budget and looking for ways to save money, then here’s how.

Location
There’s lots of ways to save thousands of dollars on your wedding location. One of the most spectacular weddings I attended was in the garden of a friend’s home. Other alternatives you could contemplate is hiring a community park for the day, or even the beach. The ambience is spectacular, you can customise your wedding to precisely how you want it, and the costs are remarkably low. If you choose to have your wedding in a public location, just don’t forget to contact the local council and book well in advance.

Wedding Date
Whilst many people prefer their weddings on a Saturday, the rates of venues are far more expensive 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 also have a dramatic influence on the fees of your venue. If you’re dead-set on having your reception in an indoor area, then reserve your wedding date in winter and you’ll save about a third of the costs for venue hire itself.

Photography
The cost of a professional photographer will normally cost roughly $4,000 for the whole day. With the impressive specs of smartphone cameras these days, look into hiring a professional photographer only for the formalities and ask your buddies to take pictures throughout the duration of your wedding. You can make a hashtag on Twitter and get your friends to publish their pics, ensuring that there’ll be plenty of natural pictures that emulate the true spirit of your special day.

Food & Drinks
If you really wish to save money, then catering companies are your primary target! They charge extravagant prices and aren’t all that necessary. Think about arranging 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 look into hiring a professional 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 unique is much more memorable than being conventional. Equally, search for a venue that enables you to bring your own alcohol. You’ll save a bunch of money this way, and you’ll be able to arrange a substantial discount when buying in bulk.

Don’t Borrow Money
It’s not uncommon for couples to borrow money to finance 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 occasionally take years to pay off. If you’ve had a lavish wedding and found yourself in financial hardship, always seek financial advice sooner rather than later. The sooner you take action, the more possibilities will be available. For any financial advice regarding your personal circumstances, talk with Bankruptcy Experts Sydney on 1300 795 575, or visit our website for more info: www.bankruptcyexpertssydney.com.au