Hardbacon Reveals the Top Tips for Canadian Couples to Save this Wedding Season

Hardbacon, a personal finance application used by more than 40,000 Canadians, has revealed the most effective ways for Canadians to save this wedding season.

Due to the pandemic, summer 2022 is set to be the busiest wedding season yet. The backlog of couples waiting to get married since the onset of the pandemic, combined with inflation reaching its current 31-year high has caused wedding costs to soar.

That’s why Harbacon’s money experts are sharing their best tips to help Canadians save this wedding season. Simply put, a number of factors go into the cost of a wedding – the venue, food, music, cake, the dress – it all adds up and new couples want to stay in the green.

“Weddings have always been expensive, but with inflation at an all-time high, it’s more important than ever for Canadian couples to start with a financial plan and to focus on making smart shopping choices for their big day,” said Hardbacon Editor in Chief, Stefani Balinsky.

Here are 5 ways for Canadian couples to save this wedding season: 

Create a wedding budget 

Before you start shopping for your wedding, creating a budget is the most important step. To ensure you stick to your wedding financial plan, use a budget planner for your wedding that is intuitive and easy to follow.

Earn money back from your wedding 

Save money by opting for a credit card or prepaid card with an effective rewards program. You preferably want some kind of cash back on all your spending or travel points to use towards a honeymoon. Compare credit cards and read reviews to find one that fits your needs and goals.

Skip the extras

It’s hard to not compare your friend’s wedding to yours and to get stuck in the thought that you need to do all the same things they did. The fact is, you don’t need half of what you see in weddings. Be firm, make a budget, and stick to it.

Ask for & accept help

You can save thousands of dollars by getting crafty and doing a little leg work. Are you able to save money by picking items up rather than getting them delivered? Or maybe you have a friend who is a baker who would be willing to give you a discount on a cake? These are all small savings that can go a long way.

Focus on what’s important

Finally, a wedding budget is great, but it usually requires more work yourself. Don’t overthink it and you will no doubt have the most beautiful wedding. Pick and choose what works for you, and what you can commit to. Budget where you can and you will do just fine.

Hardbacon’s complete guide to help you save money on your wedding this year can be found in more detail on Hardbacon’s blog.

About Hardbacon

Hardbacon helps Canadians plan, budget and invest, while also enabling users to compare different financial services such as credit cards, bank accounts, online brokers, robo-advisors, mortgages and crypto exchanges. Hardbacon is available for download in the App Store and Google Play Store.