Guest Blog Wedding

Tips to Book a Wedding Venue on a Budget

Getting married is the beginning of a new journey, and it’s one you definitely don’t want to start with your pockets and savings accounts empty!

To avoid wiping out their savings completely, many people use a personal loan for marriage expenses. A marriage loan or line of credit for marriage is a good way to spread out the cost of your wedding over a longer period of time, and pay for it at your own pace.

When you’re looking for ways to save money, the most important aspect to consider is the wedding venue. Of all wedding-related expenses, the venue is by far the biggest.

Here are some ideas for inexpensive venues if you want a dream wedding on budget..

Backyard or Garden 

Know someone who has a large outdoor space at home? You can save a lot by tying the knot there. Get the necessary permissions for an event in a residential area, and consider facilities like parking and toilet capacity.

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BnB or a Hotel

Browse travel websites for bed-and-breakfast places, hotels or motels and ask them about hosting your wedding. Find countless such hotels with the best offer packages with deals for food, lodging, furniture and valet parking only at BookeventZ.

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Community Halls & Parks

Community halls and public parks in your locality can be much cheaper than wedding venues and are usually quite well-maintained. You could even consider nearby beaches for a budget destination wedding!

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Unconventional Venues 

Pheras, followed by a banquet can be boring and repetitive. Think outside the box and you’ll realize there are other options like vineyards, botanical gardens, farms and so many more.

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Selecting the Right Venue and Saving Some Money

Once you’ve decided the kind of venues you’re interested in, here are some tips for selecting the right one and saving money in the process:

1. Discover Hidden Gems 

Which places mirror your personalities the best? Prefer lakes or mountaintops? Find out about hosting your wedding there. Chances are nobody’s thought of it before, so you might even get a great deal!

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2. Book in Advance 

Most venues get booked quickly, especially on auspicious days and you can negotiate a better deal by booking early. If there is another event planned that day, talk to the decorator about reusing the decor and you’ll save a lot.

 

3. Personalize the Decor 

Search for wedding decor ideas online and you’ll see everything from Chinese lanterns to colourful umbrellas. You could also try DIY projects, but find a balance between saving money and investing time.

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4. Handpick the Menu 

Insist on tasting the food at an upcoming event before finalizing the venue. Choose the best items and make sure someone is overseeing the preparation on the big day. Try to get an all-inclusive deal or BYOB arrangement since alcohol billed by the bottle is heavily taxed.

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5. Think about the Guests 

You’re inviting people to celebrate with you, so think of what they would enjoy. You need to provide a minimum guaranteed headcount based on the size of the venue, and it’s important to pick one that can comfortably accommodate your guests.

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6. Pick the Right Time 

There are always months when there are fewer weddings and most venues will offer you a better deal during those periods. Similarly, most people prefer weekends so planning it mid-week could be more economical.

Plan your wedding accordingly in the upcoming year 2019…

A wedding should be fun for everyone, especially the happy couple and their families. If you’re stressed out about how you’re going to afford it, you will miss out on one of the most important events in your life!

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Shiv Nanda

Shiv Nanda is a financial analyst who currently lives in Bangalore and works with MoneyTap, India’s first app-based credit-line. Shiv eats, breathes and sleeps finance, to the dismay of friends who’ve endured unsolicited advice on their investment choices, budgeting skills, or lack thereof. He loves it when people actually ask him for advice on the flexibility of personal loans as marriage loans , travel loans, and business loans among many other things. He has made it his life's mission to help and educate people on various financial topics, so email him your questions at shiv@moneytap.com.

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