5 Ways to Save Money on Your International Wedding
Written by Michelle Hutchison
Images by Life As A Vagabond
Weddings seem to be getting increasingly expensive, tailored attire, catered meals, professional entertainers, designer invites and now, international venues?! What ever happened to a goat dowry and the deed is done?! Medieval jokes aside, your wedding is likely to be one of the most memorable days of your life, so if you’d prefer to get married in the Maldives, then go crazy… but have a think about the ways you can save money on your international wedding.
The last thing you want to do is kick off your marriage in debt. Take a few of these tips to save on your overseas ceremony and you might even have enough leftover for a honeymoon in Barcelona.
1. Rent out houses instead of hotels
The sharing economy has interrupted many industries, allowing everyday individuals to ‘share’ something of theirs with others at a much cheaper price compared to traditional services. Sites like Airbnb can allow you, and your guests, to hire out entire houses cheaper than the cost of single hotel rooms each. Picture cheersing mimosas on your own balcony that opens to private waterfront view – *cheers* to that!
2. Pay for expenses with a credit card that offers rewards
Firstly, treat your rewards credit card as though it’s a debit card. If you don’t have the funds to pay off your credit card immediately, don’t use it. The aim of using a rewards card is to receive benefits like frequent flyer points, accommodation deals, cash back, complimentary insurance or travel packages that might discount your international trip and essentially save you money on your wedding – all benefits that you wouldn’t receive if using an everyday debit. Manage your card responsibly, only spend what you can afford and you could see yourself receive hundreds in rewards!
3. Avoid getting married during 'peak-season'
This is one of the best ways to save money, overall. Depending on your destination, certain months are classified as ‘peak-season’ and during those months or seasons, rates are increased drastically. From restaurants and accommodation, to venue hire and flight prices, you could end up paying double or even triple compared to off-season sale rates. Do some prior research of your destination, determine when the country's travel demand is at it’s highest avoid that particular period.
4. Arrange for international money transfers
Set up an online, international money transfer account for cross-country transactions. Banks generally charge higher rates compared to specialty providers, so an online account will allow for international transfers between those helping with preparations to happen effortlessly and at a better exchange rate.
5. Don’t hire a venue
You’re globetrotting to an exotic location, so why not utilise the beauty of it’s natural backdrop! Have some responsible and dedicated guests start setting up early on your special day at a location you’ve previously picked out. Hiring some equipment, like fold out chairs, a marquee and an archway will be your only expenses. Of course if you’re getting hitched in the snow you might need more shelter than a marquee, so this concept might not be ideal for every situation.
Congratulations on your engagement and all the best on your international wedding.
Michelle Hutchison is a Money Expert at personal finance comparison website finder.com. A self-confessed data nerd, Michelle loves to find interesting trends and help people save money.
Is anyone planning an overseas wedding? I'd love to hear how you managed to save money. Feel free to comment below and inspire others to do the same.
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