How to Budget for Your Perfect Honeymoon
Budgeting | 5 minute read
Weddings and honeymoons go hand in hand, but it’s hard to think about paying for a honeymoon when you’re putting deposits down for the big day. It is possible to plan your honeymoon and pay for it without going deep in debt.
All it takes is a bit of planning, some research, and a budget. Before you know it, you’ll be on vacation as newlyweds with nothing on your mind but a good time while you launch into your new life together.
To set this up so you can enjoy yourself, first you have some decisions to make.
Decide on Your Destination
Deciding where you want to go for your honeymoon should be your priority. Do you want to go somewhere beachy, mountainous, international, or domestic? You might want to consider working with a travel agent with years of experience who can help you narrow down your choices.
Once you choose your destination spot, your travel agent can help you decide how you’ll get there, and give you choices of where you’ll stay. Be sure no matter where you decide to stay, that they have a safe in the room. If you have valuables with you like a honeymoon worthy antique necklace or diamond earrings, you want to keep them safe while you’re out exploring.
The Honeymoon Agenda
Discuss what you want to do on your honeymoon with your partner and where you want to visit. Do you want to use your honeymoon to relax or do you want to take day trips and see the sights? Choosing what to do and where to go beforehand will allow you to see how you’ll spend your time and how much your agenda will cost.
See what kind of deals are available at your destination, and work with your travel agent to get the best prices.
Add Up All the Costs
Knowing where to go, how you’ll get there, and what you want to do on your honeymoon will give you all the information you need for your total honeymoon cost. Look at the total and decide if that amount is something you want to spend. If it’s not, make adjustments to your plans until the bottom line is a number you’re comfortable with paying.
Some ways to save costs on your honeymoon include:
- Traveling in the off-season
- Using your registry for your honeymoon purse
- Choose a less expensive destination
- Honeymoon locally
- Plan and book with plenty of lead time
- Explore different ways to travel
- Look into all-inclusive packages
Back into a Savings Amount
When you have your total honeymoon cost, set up a budget to save your honeymoon money. The last thing you want is to enter your marriage in debt, so the best thing to do is to save the money to pay for it all without charging.
Start with your total honeymoon cost, and count out the number of weeks until you leave. Divide your cost by the number of weeks, and that’s how much you have to save each week to pay for your honeymoon. If you can, have that amount taken directly out of your pay and moved into a savings account, so you don’t see the money at all.
Enjoy Your Honeymoon
Your first job as a married couple is to enjoy your honeymoon. After all, it’s your first of many vacations and the beginning of your new life together. You don’t want to stress about how you’ll pay for the vacation you’re supposed to enjoy. Smart planning and diligent saving will eliminate the stress of how you’ll pay for your honeymoon so you can just sit back and enjoy your time.
