How To Save Money On Your Wedding – The Wizzcash Top 7

Pick An Untraditional Day, Utilise The Off Season

Making use of the off-season, roughly between November and April (though this can vary slightly) could end up saving you a large amount of money as weddings in the off-season are typically less popular which in turn leads to a decreased demand which itself facilitates a drop in price across the board. Venues, vendors, accommodation and travel could all be considerably less costly in the off-season.

To save yourself even more money you could consider having your wedding on an untraditional day. This could be a Wednesday, or even a Friday. Saturday is of course (generally speaking) the most expensive day to hold your wedding as it is the most convenient. Though should you opt for a weekday you could save a potentially large amount of money – just make sure you give plenty of notice so that your guests have ample time to book a day, off either on the day of your wedding or for the day after.

Make Use Of The Skillset(s) Of Loved Ones And Friends

This may seem like a simple suggestion however it is very important and one that could save you time, money and stress. A lot of people have a whole host of talented friends, other people just have one or two, either way, do not be afraid to ask them for help on your special day. They are sure to acquiesce and may even feel lucky to be a part of your wedding. Below, we have listed for you an example list of talents that when leveraged correctly could help you to save money:

  • Baking
  • Photography/videography
  • DJ/musical Talents
  • Floristry
  • Printing/graphic design
  • Hair and makeup
  • Sowing

Further to these talents, it is important to be open to asking friends or family to make use of other things. For example, if a relative or friend:

  • Owns a classic car that can be used as transport
  • Has a large garden or area of land that can be used for the reception
  • Is in possession of a holiday home or a villa that can be used as a honeymoon destination
  • Recently got married themselves and are willing to lend you suits, shoes, bags or dresses etc

If you are able to secure yourself just one of the above things,  then you could potentially save thousands of pounds.

Find Hidden Gems

Hidden gems are everywhere, they just take a little finding. Whatever you are looking to source, good quality, unique and cheap items can be found in the unlikeliest of places, all you need to do is look hard enough, be persistent, and perhaps have yourself a little bit of luck. The below are examples of places that you can search for your next hidden gem:

  • eBay
  • Facebook Marketplace
  • Gumtree
  • Freecycle
  • Charity shops

Don’t limit yourself to the above, as there are countless online sites that specialise in the selling of second-hand goods. Also, do not be afraid of making your own gems. You will be surprised how many wedding item essentials can be handmade for a fraction of the cost.

Get The Best Deals On Hotels And Honeymoons

Do not rush into anything. Get the best deals wherever you can, whenever you can. Comparison and listing sites like Lastminute.com have things such as the top-secret hotels option. This gives you access to cut-price rooms and deals. A top tip: you can always copy and paste the information that is provided to find out the exact hotel. Make sure that you also keep your eyes peeled for cheap honeymoon package holidays – if you are going for an extended period of time then package honeymoon holidays almost always work out cheaper.

Make Your Savings Count

Making your savings count is perhaps an obvious top tip but it is one that is all too often overlooked. If you have decided that you are going to try to save money for your wedding, then you should locate the savings account or the ISA that offers you the best rate of interest with the most favourable terms. This means that you are making the most out of your money, time, energy and effort.

Further to making the most out of your money, you need to make sure you are saving efficiently and in the correct way. Cut out the unnecessary purchases, for example, a £4 daily meal deal or a £3 daily cup of coffee. These are unnecessary and cutting them out of your routine could not be simpler. All you need to do is start making your lunch at home or packing a thermos in your bag and you could potentially save yourself between £900 and £1000 (estimated). Below we have provided you with a quick summation of how we reached the estimated £900 – £1000 figure:

260 working days in a year – 20 days holiday (240) x 4 (assuming a meal deal is purchased everyday) = £960.

Finally, you must make sure that you budget. Be strict with this budget and make proactive steps on a regular basis so that you are sticking to this budget. It is also a good idea to work out exactly how much you need for your wedding as this will give you a figure to work towards.

Negotiate, But Don’t Mention The Wedding

In preparing for the wedding, you will no doubt be in communication or conversing with multiple vendors from a whole range of different industries. You can negotiate with these vendors and often this will work in your favour. Don’t ever settle on the quoted price! Keep it local if you can, as this will keep travel/delivery costs down.

It is vital that you do not at any point during the negotiation stage mention the wedding. This will hamstring your ability to negotiate for the best price. It is okay to mention your wedding once an improved quote has been offered, or once a contact has been signed, by keep it under wraps until that time.

Don’t Be Afraid To Ask For Cash

This final top tip is one that is sometimes mired in a little controversy. It has for a very long time been considered a wedding faux pas but times have changed dramatically and it is now absolutely acceptable to ask your guests for a cash gift instead of an item(s) as a wedding present. In fact, giving money as a gift instead of an item actually streamlines the entire process and alleviates a great deal of stress on the guests regarding gift buying and wrapping. For couples that have been together a long time, they often have everything for their home and everything they may ever need and therefore cash gifts are the preferred option. Cash gifts can also be used to finance your dream honeymoon. Make sure you ask your guests in a polite and courteous manner, and do not feel embarrassed! Money Super Market polled 21,000 individuals and 55% of these people said unequivocally that they would prefer to give money as a wedding gift whilst 34% said that they would give a cash gift if this was requested by the bride and groom.

When To Make Use Of A Payday Loan Lender

A short-term loan can be used to:

  • Cover the difference between the estimated or quoted cost of a service and the cost that is actually charged for this service (or an overcharge from a vendor). This is uncommon as the quoted cost is almost always the cost that is charged however there are exceptions to this rule.
  • Cover the difference between the overall cost of the wedding and the cost that has been budgeted for. For example, if your maximum budget was £5000, and the total cost comes to £5500 (accidentally or not by design) then you might require a quick influx of cash to keep yourself out of financial difficulty.
  • Pay for damages or fines incurred as a result of the wedding itself, the ceremony or the reception. This could include damages to a rental item/product, accidental damages to the features/fixtures of the wedding venue, or damages to the car that you hired to transport you to and from the wedding venue/reception.

The above scenarios are just examples and actual uses of a payday loan regarding a wedding will vary. We would always suggest that a payday loan never be used to pay for frivolous or unnecessary expenditure and only be used in emergency situations where you need financial assistance. If any of the above scenarios apply to you, or if you are experiencing a financial emergency then you can click here to begin your application with us.