We all have a fair understanding that weddings can be an expensive pursuit, but do you actually understand 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 likely somewhere around the $50,000 mark. I suppose if you have wealthy parents it wouldn’t be an issue, but unfortunately many of us don’t.
Let’s face it, $50,000 is a huge amount of money! You could buy a business, put a deposit on a property, pay off your student loans, or perhaps travel the world! The fact is though, weddings are a celebration of two individuals 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.
Whilst I’ve never walked down the aisle personally, I have a close circle of friends, and two of them managed to pull off the most remarkable weddings on a shoestring. Of course, it didn’t include expensive bridesmaid parties and catering for 300 guests, but it was unique, intimate, and almost everyone who came had the time of their lives. If you’re about to get married on a budget and trying to find ways to save money, then here’s how.
There’s loads of ways to save thousands of dollars on your wedding venue alone. One of the most breathtaking weddings I was invited to was in the garden of a friend’s home. Other options you could consider is hiring a neighbourhood park for the day, or even the beach. The ambience is magnificent, you can personalise your wedding to exactly how you want it, and the costs are exceptionally low. If you opt to have your wedding in a public place, just don’t forget to talk with the local council and make reservations well ahead of time.
While most people prefer their weddings on a Saturday, the rates of venues are much more pricey on Saturday than any other day of the week. Look into having your wedding on a Friday or Sunday where Monday is a public holiday. The time of year will likewise have a substantial effect on the fees of your venue. If you’re dead-set on having your reception in an indoor location, then reserve your wedding date in winter and you’ll save more or less a third of the costs for venue hire.
The price of a professional photographer will normally cost roughly $4,000 for the entire day. With the outstanding specs of smartphone cameras nowadays, consider hiring a professional photographer just for the formalities and ask your friends to take pictures over the course of your wedding. You can make a hashtag on Twitter and get your friends to post their pictures, ensuring that there’ll be plenty of natural pictures that reflect the true spirit of your special day.
Food & Drinks
If you really intend to save money, then catering businesses are your primary target! They charge outrageous prices and aren’t really necessary whatsoever. Think about 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 look into hiring an expert to roast a whole pig in the ground and make the sides by yourself. 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 unique is far more memorable than being conventional. In addition, look for a venue that permits you to bring your own alcohol. You’ll save a heap of money this way, and you’ll be able to negotiate a significant discount when buying in bulk.
Don’t Borrow Money
It’s not uncommon for people to borrow money to fund their weddings, not understanding how difficult 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 often times take years to repay. If you’ve had a luxurious wedding and found yourself in financial trouble, always seek financial advice sooner rather than later. The sooner you take action, the more choices will be available. For any financial guidance regarding your personal circumstances, speak with Bankruptcy Experts Cassowary Coast on 1300 795 575, or visit our website for further info: www.bankruptcyexpertscassowarycoast.com.au