Our Recent Posts



Wedding or House???

Aussie couples are choosing a wedding over a house according to a recent Domain article.

The recent Royal Wedding which had a reported cost in excess of $58 million has prompted a discussion about cost of weddings in Australia and how couples are paying for them.

The average cost of an Aussie wedding is around $31,000 but one quarter of couples spend at least six months paying off a credit card debt following the big day, which would likely include large interest repayments too.

A couple quoted in the article spent $8000, well below average but already have purchased a house.

Unlike the royal couple, the average Australian couple doesn't have a bill of $350,000 just for drinks reception or a house in the grounds of Kensington Palace, but even the average wedding can cause financial strain and not be a great time for any relationship.

Plan for your house and your wedding with your future in mind; that is, think of the bigger picture and save as much as you can before using credit.

This will save all sorts of headaches.

The original article is here.



(03) 5221 7234


107 Garden St, East Geelong VIC 3219, Australia

©2020 Diamond Finance Geelong