|April 6, 2018||0|
We all have a decent 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! Nowadays, it’s likely somewhere around the $50,000 mark. I guess if you have rich parents it wouldn’t be an issue, but unfortunately the majority of us don’t.
Let’s admit it, $50,000 is a lot of money! You could buy a franchise, place a down payment on a property, settle your student loans, or perhaps travel the world! The truth is though, weddings are a celebration of two people who commit to spending the rest of their lives together. Sure, we ‘d all love to have the wedding of our dreams, but we shouldn’t lose sight of what’s really important.
Even though I’ve never walked down the aisle myself, I have a close group of friends, and two of them managed to pull off the most mind-blowing weddings on a shoestring. Indeed, it didn’t include costly bridesmaid parties and catering for 500 guests, but it was unique, intimate, and everyone who attended had the time of their lives. If you’re about to get married on a budget and looking for ways to save money, then here’s how.
There’s numerous ways to save thousands of dollars on your wedding location alone. One of the most beautiful weddings I attended was in the backyard of a friend’s home. Other options you could contemplate is hiring a local park for the day, or maybe the beach. The atmosphere is fantastic, 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 location, just don’t forget to speak with the local council and make reservations well in advance.
Even though many people prefer their weddings on a Saturday, the costs of venues are far more expensive on Saturday than any other day of the week. Look at having your wedding on a Friday or Sunday where Monday is a public holiday. The time of year will additionally have a dramatic impact on the cost of your venue. If you’re dead-set on having your wedding reception in an indoor area, then reserve your wedding date in winter and you’ll save approximately a third of the costs for venue hire itself.
The price of a professional photographer will commonly cost close to $4,000 for the entire day. With the remarkable specs of smartphone cameras these days, think of hiring a professional photographer only 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 pics, ensuring that there’ll be lots of natural pictures that reflect the true spirit of your special day.
Food & Drinks
If you really intend to save money, then catering businesses are your primary target! They charge outrageous prices and aren’t really necessary at all. Contemplate putting together 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 consider 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 different is far more memorable than being conventional. Additionally, search for a venue that enables you to bring your own alcohol. You’ll save a bunch of money this way, and you’ll have the opportunity to negotiate a sizeable discount when buying in bulk.
Don’t Borrow Money
It’s not unusual for newlyweds to borrow money to fund their weddings, not grasping how tough 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 repay. If you’ve had an extravagant wedding and found yourself in financial hardship, always seek financial advice sooner rather than later. The sooner you take action, the more choices will be available. For any financial advice regarding your personal situation, phone Bankruptcy Darwin on 1300 818 575, or visit our website for further details: http://www.bankruptcy-darwin.com.au/