|April 6, 2018||Comments Closed|
We all have a decent understanding that weddings can be an expensive exercise, but do you actually know just how much the average wedding costs in Australia? Slightly over $36,000, based on Australia’s Money Smart website. And that was in 2012! These days, it’s most likely somewhere around the $50,000 mark. I guess if you have rich parents it wouldn’t be a problem, but unfortunately the majority of us don’t.
Let’s face it, $50,000 is a huge amount of money! You could buy a franchise, put a down payment on a new home, repay your student loans, or perhaps travel the world! The truth is though, weddings are a celebration of two individuals who commit to devoting the rest of their lives together. Sure, we ‘d all want to have the wedding of our dreams, but we shouldn’t lose sight of what’s really important.
Whilst I’ve never married myself, I have a close group of friends, and two of them managed to pull off the most memorable weddings on a shoestring. Obviously, it didn’t include expensive bridesmaid parties and catering for 400 guests, but it was unique, intimate, and everybody who came 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 loads of ways to save thousands of dollars on your wedding location. One of the most spectacular weddings I attended was in the backyard of a friend’s house. Other choices you could look into is hiring a local park for the day, or perhaps the beach. The ambience is remarkable, you can customise your wedding to exactly how you want it, and the costs are tremendously low. If you decide to have your wedding in a public area, just don’t forget to consult with the local council and book well in advance.
Even though the majority of people prefer their weddings on a Saturday, the costs of venues are much more costly on Saturday than any other day of the week. Contemplate having your wedding on a Friday or Sunday where Monday is a public holiday. The time of year will likewise have a significant impact on the fees of your venue. If you’re dead-set on having your wedding reception in an indoor location, then schedule your wedding date in winter and you’ll save close to a third of the costs for venue hire itself.
The fees of a professional photographer will often cost close to $4,000 for the entire day. With the amazing specs of smartphone cameras nowadays, think of hiring a professional photographer just for the formalities and ask your buddies to take photos throughout the duration of your wedding celebrations. You can make a hashtag on Twitter and ask your friends to upload their pics, ensuring that there’ll be loads of natural pictures that reflect the true spirit of your special day.
Food & Drinks
If you really wish to save money, then catering firms are your prime target! They charge enormous prices and aren’t really necessary whatsoever. Consider arranging 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 consider hiring a friend 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! Remember that most of the time, being different is much more memorable than being traditional. Additionally, try to find a venue that permits you to bring your own alcohol. You’ll save a pile of money this way, and you’ll have the ability to arrange a significant discount when buying in bulk.
Don’t Borrow Money
It’s not uncommon for newlyweds to borrow money to pay for their weddings, not grasping how hard it can be to repay. Not only will you be paying for the wedding itself, but also interest on top of that, which can in some cases 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 choices will be available. For any financial guidance regarding your personal situation, talk with Bankruptcy Experts Mount Isa on 1300 795 575, or visit our website for more information: Bankruptcy Mount Isa