We all have a fairly good understanding that weddings can be an expensive exercise, but do you actually know how much the average wedding costs in Australia? Slightly over $36,000, according to Australia’s Money Smart website. And that was in 2012! At present, it’s likely somewhere around the $50,000 mark. I guess 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 lot of money! You could purchase a business, put a deposit on a new home, settle your student loans, or even travel the world! The fact 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 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 memorable weddings on a shoestring. Obviously, it didn’t feature luxurious bridesmaid parties and catering for 300 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 for ways to save money, then here’s how.
There’s plenty of ways to save thousands of dollars on your wedding location. One of the most amazing weddings I attended was in the backyard of a friend’s house. Other choices you could look into is hiring a community park for the day, or even the beach. The ambience is astounding, you can personalise your wedding to exactly how you want it, and the costs are incredibly low. If you make the decision to have your wedding in a public place, just remember to speak with the local council and make reservations well ahead of time.
Whilst lots of people prefer their weddings on a Saturday, the costs of venues are much more expensive 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 substantial impact on the price of your venue. If you’re dead-set on having your reception in an indoor area, then organise your wedding date in winter and you’ll save approximately a third of the costs for venue hire itself.
The fees of a professional photographer will generally cost about $4,000 for the entire day. With the remarkable specs of smartphone cameras nowadays, consider hiring a professional photographer just for the formalities and ask your buddies to take pictures throughout the duration of your wedding. You can make a hashtag on Twitter and ask your friends to post their pics, ensuring that there’ll be an abundance of natural pictures that mirror the true spirit of your special day.
Food & Drinks
If you really wish to save money, then catering companies are your prime target! They charge extravagant prices and aren’t really necessary whatsoever. 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 offers gourmet pizza, or consider hiring somebody 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 tasty sauce and cheesy smashed potatoes! Remember that most of the time, being original is much more memorable than being traditional. Also, try to find a venue that permits you to bring your own alcohol. You’ll save a bunch of money this way, and you’ll be able 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 tough it can be to repay. Not only will you be paying for the wedding itself, but also interest on top of that, which can occasionally take years to repay. If you’ve had a lavish wedding and found yourself in financial hardship, always seek financial assistance 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 Experts Dubbo on 1300 795 575, or visit our website for more information: www.bankruptcyexpertsdubbo.com.au