Most of us have a pretty good understanding that weddings can be a costly pursuit, but do you actually 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! In today’s times, it’s perhaps somewhere around the $50,000 mark. I suppose if you have rich parents it wouldn’t be an issue, but unfortunately the majority of us don’t.
Let’s face it, $50,000 is a considerable amount of money! You could purchase a franchise, place a down payment on a new house, settle your student loans, or maybe travel the world! The fact is though, weddings are a celebration of two individuals who commit to spending the rest of their lives together. Sure, we ‘d all prefer to have the wedding of our dreams, but we shouldn’t forget what’s really important.
Although I’ve never walked down the aisle personally, I have a close group of friends, and two of them managed to pull off the most splendid weddings on a shoestring. Naturally, it didn’t consist of luxurious bridesmaid parties and catering for 500 guests, but it was intimate, unique, and everyone who came 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 many 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 house. Other alternatives you could contemplate is hiring a community park for the day, or even the beach. The environment is incredible, you can customise your wedding to exactly how you want it, and the costs are incredibly low. If you decide to have your wedding in a public location, just remember to call the local council and make reservations well in advance.
While most people prefer their weddings on a Saturday, the prices of venues are far more costly on Saturday than any other day of the week. Consider having your wedding on a Friday or Sunday where Monday is a public holiday. The time of year will similarly have a dramatic influence on the price of your venue. If you’re dead-set on having your wedding reception in an indoor location, then reserve your wedding date in winter and you’ll save close to a third of the costs for venue hire itself.
The price of a professional photographer will typically cost around $4,000 for the whole day. With the amazing specs of smartphone cameras these days, contemplate hiring a professional photographer just for the formalities and ask your friends to take photos throughout the duration of your wedding celebrations. You can make a hashtag on Twitter and ask your friends to upload their photos, ensuring that there’ll be plenty of natural photos that mirror the true spirit of your special day.
Food & Drinks
If you really want to save money, then catering firms are your key target! They charge enormous prices and aren’t really necessary whatsoever. Think about 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 a friend 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 tasty sauce and cheesy smashed potatoes! Don’t forget that most of the time, being different is much more memorable than being traditional. Similarly, search for a venue that allows you to bring your own alcohol. You’ll save a stack of money this way, and you’ll be able to discuss a significant discount when buying in bulk.
Don’t Borrow Money
It’s not uncommon for newlyweds to borrow money to cover their weddings, not realising 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 pay off. If you’ve had a lavish wedding and found yourself in financial distress, always seek financial guidance sooner rather than later. The sooner you act, the more possibilities will be available. For any financial guidance regarding your personal situation, get in touch with Bankruptcy Experts Brisbane on 1300 795 575, or visit our website for more info: www.bankruptcyexpertsbrisbane.com.au