• Jennifer Wright

Weddings

This useful information is from the ASIC site

Follow these steps to keep the wedding costs under control:

Work out how much money you need - decide how much you want to spend on each item - including food and drinks, venue, cake, cars and music - and come up with a total cost.

Start saving for your wedding now - open a savings account or a term deposit to earn a high interest rate on your savings. Use the savings goals calculator to work out how much you'll need to save each week.

Look for ways to cut costs - research online or ask around and find out how other people have saved money on their weddings.

Avoid using your credit card wherever possible - try to pay for big items, like the wedding dress or reception venue, in instalments so you aren't left with huge debts that can take years to pay off.

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