Most of us have a pretty good understanding that weddings can be an expensive pursuit, but do you really know how much the average wedding costs in Australia? A little 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 wealthy parents it wouldn’t be a concern, but unfortunately the majority of us don’t.
Let’s face it, $50,000 is a considerable amount of money! You could buy a company, put a down payment on a new house, repay your student loans, or maybe travel the world! The reality is though, weddings are a celebration of two people who commit to devoting the rest of their lives together. Sure, we ‘d all like to have the wedding of our dreams, but we shouldn’t lose sight of what’s really important.
Whilst I’ve never walked down the aisle myself, I have a close circle of friends, and two of them managed to pull off the most memorable weddings on a shoestring. Obviously, it didn’t include costly bridesmaid parties and catering for 300 guests, but it was intimate, unique, and everybody who attended 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.
There’s numerous ways to save thousands of dollars on your wedding location alone. One of the most gorgeous weddings I attended was in the backyard of a friend’s house. Other choices you could consider 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 tremendously low. If you make the decision to have your wedding in a public location, just remember to consult the local council and book well ahead of time.
While lots of people prefer their weddings on a Saturday, the rates 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 also have a considerable effect on the fees of your venue. If you’re dead-set on having your reception in an indoor location, then book 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 usually cost around $4,000 for the entire day. With the amazing specs of smartphone cameras these days, think of hiring a professional photographer just for the formalities and ask your friends to take pictures throughout the duration of your wedding celebrations. You can make a hashtag on Twitter and get your friends to upload their pictures, ensuring that there’ll be lots of natural photos that mirror the true spirit of your special day.
Food & Drinks
If you really want to save money, then catering businesses are your primary target! They charge outrageous prices and aren’t really necessary whatsoever. Think about organising your own food and drinks and don’t hesitate to go against the grain here.
You could hire a wood fire pizza truck that serves gourmet pizza, or look into hiring an expert to roast a whole pig in the ground and make the sides on your own. For me, there’s nothing better than a pulled pork burger with delicious sauce and cheesy smashed potatoes! Always remember that most of the time, being different is far more memorable than being traditional. Additionally, 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 opportunity to work out a considerable discount when buying in bulk.
Don’t Borrow Money
It’s not uncommon for couples to borrow money to pay for their weddings, not knowing how tough it can be to pay back. 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 distress, always seek financial help sooner rather than later. The sooner you take action, the more options will be available. For any financial assistance regarding your personal situation, phone Bankruptcy Experts Newcastle on 1300 795 575, or visit our website for more info: www.bankruptcyexpertsnewcastle.com.au