We all have a fairly good understanding that weddings can be an expensive 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! At present, it’s quite likely somewhere around the $50,000 mark. I suppose if you have rich parents it wouldn’t be a concern, but unfortunately most of us don’t.
Let’s admit it, $50,000 is a considerable amount of money! You could buy a company, 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 people who commit to devoting the rest of their lives with each other. Sure, we ‘d all love to have the wedding of our dreams, but we shouldn’t forget what’s really important.
Even though I’ve never been married personally, I have a close circle of friends, and two of them managed to pull off the most splendid weddings on a shoestring. Obviously, it didn’t consist of costly bridesmaid parties and catering for 400 guests, but it was intimate, unique, 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.
There’s lots of ways to save thousands of dollars on your wedding venue alone. One of the most beautiful weddings I was invited to was in the backyard of a friend’s home. Other alternatives you could look into is hiring a local park for the day, or maybe the beach. The atmosphere is fantastic, you can customise your wedding to exactly how you want it, and the costs are exceptionally low. If you choose to have your wedding in a public place, just remember to talk with the local council and make reservations well ahead of time.
Although many people prefer their weddings on a Saturday, the rates of venues are far 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 significant impact on the fees of your venue. If you’re dead-set on having your wedding reception in an indoor area, then organise your wedding date in winter and you’ll save around a third of the costs for venue hire.
The cost of a professional photographer will often cost around $4,000 for the whole day. With the outstanding specs of smartphone cameras nowadays, think about hiring a professional photographer only for the formalities and ask your buddies to take photos throughout the duration of your wedding. You can make a hashtag on Twitter and ask your friends to post their photos, ensuring that there’ll be an abundance of natural photos that reflect the true spirit of your special day.
Food & Drinks
If you really wish to save money, then catering businesses are your key target! They charge extravagant prices and aren’t all that necessary. Consider putting together 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 at hiring somebody 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 original is much more memorable than being traditional. Also, search for a venue that allows you to bring your own alcohol. You’ll save a pile of money this way, and you’ll be able to negotiate a sizeable discount when buying in bulk.
Don’t Borrow Money
It’s not out of the ordinary for newlyweds to borrow money to cover their weddings, not knowing 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 frequently take years to pay off. If you’ve had a luxurious wedding and found yourself in financial difficulties, always seek financial help sooner rather than later. The sooner you act, the more choices will be available. For any financial assistance regarding your personal circumstances, get in contact with Bankruptcy Experts Tamworth on 1300 795 575, or visit our website for additional info: www.bankruptcyexpertsgeraldton.com.au