Most of us have a decent understanding that weddings can be a costly pursuit, but do you actually know 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! Nowadays, it’s most likely somewhere around the $50,000 mark. I guess if you have rich parents it wouldn’t be a concern, but unfortunately the majority of us don’t.
Let’s face it, $50,000 is a lot of money! You could buy a franchise, put a deposit on a new house, repay 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 prefer to have the wedding of our dreams, but we shouldn’t lose sight of what’s really important.
While I’ve never been married personally, I have a close group of friends, and two of them managed to pull off the most mind-blowing weddings on a shoestring. Naturally, it didn’t involve classy bridesmaid parties and catering for 400 guests, but it was unique, intimate, and everyone who attended had the time of their lives. If you’re organising a wedding on a budget and looking at ways to save money, then here’s how.
There’s many ways to save thousands of dollars on your wedding location. One of the most gorgeous weddings I was invited to was in the garden of a friend’s home. Other choices you could think about is hiring a local park for the day, or even the beach. The ambience is awesome, you can personalise your wedding to precisely how you want it, and the costs are extremely low. If you choose to have your wedding in a public area, just remember to talk with the local council and make reservations well in advance.
Even though most people prefer their weddings on a Saturday, the prices of venues are much more pricey 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 likewise have a considerable effect on the rates of your venue. If you’re dead-set on having your reception in an indoor location, then schedule your wedding date in winter and you’ll save approximately a third of the costs for venue hire.
The price of a professional photographer will generally cost about $4,000 for the whole day. With the remarkable specs of smartphone cameras these days, contemplate hiring a professional photographer just 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 post their photos, ensuring that there’ll be lots of natural pictures that mirror the true spirit of your special day.
Food & Drinks
If you really wish to save money, then catering firms are your primary target! They charge enormous prices and aren’t all that necessary. 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 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 delicious sauce and cheesy smashed potatoes! Don’t forget that most of the time, being original is far more memorable than being conventional. Furthermore, search for a venue that enables you to bring your own alcohol. You’ll save a heap of money this way, and you’ll have the ability to work out a substantial discount when buying in bulk.
Don’t Borrow Money
It’s not uncommon for people to borrow money to fund their weddings, not knowing how difficult 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 an extravagant wedding and found yourself in financial hardship, always seek financial help sooner rather than later. The sooner you act, the more options will be available. For any financial advice regarding your personal circumstances, get in contact with Bankruptcy Experts Alice Springs on 1300 795 575, or visit our website for further info: www.bankruptcyexpertsalicesprings.com.au