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The honeymoon is the couple’s first time alone together as husband and wife! It is their first chance to get away from their friends and relatives and all the chaos surrounding the wedding day.
With this in mind, you should put some time and effort into planning your honeymoon. This includes considering the budget for your honeymoon. This is critical as an unplanned from a financial impact perspective can quickly eat up most if not all of your savings. This can cause problems as there will likely be the costs involved in setting up a household together once you arrive back home after the honeymoon.
Fortunately, there are lot of things that you can do to manage your honeymoon related expenses. The best cost reducing honeymoon tips include:
Ask friends and family to contribute to a fund to pay for the honeymoon instead of buying small appliances or silverware you’ll never use.
Some airlines offer Honeymoon packages to a number of destinations in Australia. These all-inclusive packages will take the pressure off during your honeymoon because everything is included. Similar packages are also available for Hawaii and other luxury destinations.
If you plan to honeymoon outside of Australia you can make life a lot simpler by using American Express’s FX4You service. The service is available to all Holiday Coast members. This solution allows you to buy the foreign currency and traveller’s cheques that you need online. The cash and cheques will then be shipped to you within two days.
This gives you one less chore to deal with as you plan for your wedding and honeymoon. It also lets you enjoy your honeymoon as soon as you arrive at your destination, instead of standing in line at the currency exchange.
Lost luggage or cancelled flights can cost you a fortune, and may ruin your honeymoon. All Holiday Coast members receive a 7.5% discount when they buy travel insurance from Allianz.
Another point to remember is that Medicare will not cover you when you are outside of Australia. This is why you need to ensure that you have adequate insurance cover before you travel overseas.
If friends or relatives cannot help, you may want to raise money by taking out a personal loan from Holiday Coast to help pay for the honeymoon. Holiday Coast offers a variety of personal loans which come with lower interest rates than most credit cards.
A Holiday Coast Loan specialist can help you with your personal loan application and the process.
The last thing you want is to come home from your honeymoon completely broke! So make sure that you have planned your household budget before you go on your honeymoon. This way you will know how much you can spend and what you will need to do (and buy) when you get home. Holiday Coast’s budget planner is a fantastic tool to use when mapping out your household budget.
A honeymoon should be the highlight of your wedding, not the source of squabbles over money. If you need a personal loan to help you cover some of the costs for your honeymoon, apply online, email us at firstname.lastname@example.org., or call 1300 365 7 24
This article provides general information only and should not be relied upon as financial product advice.
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