In the past few years, destination weddings have become all the rage. And rightfully so, as it’s one of the best ways to tie the knot in style! However, hosting such weddings can often become a costly affair.
While you can readily opt for a wedding loanto get the necessary funds, here are the top five cost-saving tips to further save some money.
A smaller guest list
One of the biggest savings tips for weddingsis to keep your guest list as light as possible. The lesser the invitees, the more money you will save. You must also notify them at the earliest and ask them to RSVP as soon as they know. This way, you’ll have a clearer idea of who’ll attend and avoid spending on guests who won’t be turning up.
Additional Read: How to Plan a Destination Wedding with Limited Guests Post Lockdown?
Choose an off-season date
Selecting an off-season wedding date is an excellent way to save money for a destination wedding. During the off-season, the hotel tariffs, location costs, and various other prices are significantly low. You might even get your hands on some reasonable offers and deals!
Cut down on the decor
Keeping minimal decor will also go a long way in ensuring a cost-efficient wedding. Decor items like artificial backdrop, hanging props, and flowers cost quite a lot. By cutting down on these, you can avoid stretching your costs unnecessarily.
Worried about letting go of the pretty decor? Well, there are great alternatives too. You can select a property or venue that doesn’t require too much decor in the first place. Secondly, you can go for a natural setting to be the perfect backdrop for your wedding!
Destination weddings also come with various other costs, like the priests, Mehndi artists, wedding DJs, transportations, etc. You can look into these and cut costs by hiring local Mehndi artists, keeping a single DJ, renting local vehicles, etc.
If these stretch out your budget too much, you can also get a wedding loan. It is usually quickly available as there is less paperwork and no collaterals involved.
Additional Read: Top Picks for a Destination Wedding
Choosing a Local Photographer
This tip is one of those hidden gems that few are aware of. Usually, destination wedding photographers will bear a hefty part of your budget, as they may charge anywhere between Rs. 1-2 lakhs per day. Apart from this, you may also have to pay for their accommodation and travel cost. The cost-saving solution? Opting for a local photographer as they charge much less.
Tata Capital – Your Wedding Financer!
These cost-saving tips do help in saving money. However, you might still need additional funds to arrange your dream destination wedding. Worry not, as Tata Capital is here to help! Get instant personal loan, affordable EMIs, multiple loaning schemes, comfortable tenures, flexible amounts, and other exclusive benefits.
You can also use our personal loan EMI calculator to check the monthly EMIs before you apply! Just enter the amount, interest rate, and financing tenure. It’ll display the payable instalment instantly. Visit our website to know more.