Where Your Wedding Budget Is Really Going

When planning a wedding, it can sometimes seem as though your budget is just getting away from you. With the average Australian wedding costing more than $35,000, it can seem a stretch to get it all covered, but you should never have to compromise on your big day. Keep in mind that $35,000 doesn’t typically include the honeymoon, so if you have a luxury destination in mind, you’ll certainly want to add a bit more onto the wedding budget. So to know where your money is heading, we’ve rounded out the top three most expensive elements of the wedding planning process.

1. Food, alcohol and venue

Average Spend: $18,000

When you have your dream venue in mind, be it the church or a nature reserve, settling for anything less can feel like a blow to your big day. You want to make sure the location matches the romance and you want to ensure that your guests don’t end up hungry or thirsty at the end of the day. $18,000 might seem extravagant, but it’s the details that matter, right down to the perfect vintage of wine, the tastiest hors d’oeuvre and that ever-important aisle.

2. Clothes and accessories

Average Spend: $4,500

The bride-to-be should never have to sacrifice her dream gown. For many women, the perfect dress can complete their wedding day, so you have to make sure you feel as beautiful and bridal as possible. What you wear when you walk down the aisle will likely be the most important piece of clothing you will ever own, so you shouldn’t have to settle for something average and sacrifice feeling beautiful.

3. Photography

Average Spend: $4,000

You want your wedding memories to last a lifetime, so you should never skimp on photography at your wedding. While it might seem like a big spend, a good wedding photographer will go out of their way to capture the very best parts of your big day, giving you photographs you can treasure forever. The photographer’s work doesn’t stop once you head off on your honeymoon either, oftentimes they’ll spend weeks editing images to make certain they are absolutely perfect. Skimp here and you risk a photo album with fingers over the lenses and blurry first dances.

Make sure that your wedding is the one you’ve always wanted and avoid compromising for the sake of saving a few dollars. With wedding costs on the rise, it’s no wonder 60% of Australians are turning to personal loans to pay for their big day. If your big day’s coming up, check your rates with NOW FINANCE to see what sort of personal loan you can acquire, to ensure all your big plans become reality.

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