5 tips on saving for a wedding

It’s your special day. But you don’t want to get into so much debt that you’re paying it all off for the next two years. Keep wedding costs down by factoring in these tips.
5 tips on saving for a wedding

  1. Open an account

    If you open a savings and/or investments account, you'll earn a higher interest rate than keeping it in your usual bank account.

  2. Outline expenses

    Outline the wedding must-spend expenses. The cost of the big event will depend on the number of guests, venue, outfits, food, drinks, cake, music, cars, photography and flowers. Ask yourself these important questions when you’re choosing from this list: Is it worth it? Is it cheaper somewhere else?

  3. Cut costs

    DIY. Make your own invites, get a skilled family member or friend to make the cake and plan your own day by making using of apps and websites like Google Weddings, Hitched, Wedding Party and Wedding Happy.

  4. Cleverly pick the day

    Venue hire can put a big dent in your budget. Look at choosing off-peak wedding season and if you’re serious enough about saving cash, look at choosing any other day besides Saturday. This could save you up to 50% in some cases. Do your research and try and find other wedding specials on offer.

  5. Never mention the "w"

    When you’re looking at hiring or buying anything wedding related, never ever say it’s for your wedding – unless you have to. As soon as suppliers hear this word, they hike up the prices by at least 20%. By avoiding the “w” word you will be saving money.