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The Ring

How to Set a Realistic Budget for Your Honeymoon

How to Set a Realistic Budget for Your Honeymoon

The flavor of the honeymoon is better felt when all the couple’s wishes are met. This comes with a big cost, and this is where the voice of reason is called upon. The budget you set aside for the honeymoon should not exceed amounts that will leave you broke and frustrated. People have overspent on honeymoons, only to come back with a lot of disappointments and maxed-out credit cards. It is fair to plan wisely for the expenses, and it may be good to involve a financial adviser to help you come up with reasonable estimates and money you can afford to spend. These are tips to make you save on your honeymoon.

  • Open a savings account. It is safe to open a savings account to help save the honeymoon funds. The honeymoon budget may look rather simple, but it requires proper planning in advance, to cope with the demand. The more you save, the better the chances are of saving enough, to spend as you wish. Both of you should contribute to the savings to make it a collective idea.
  • Raise funds. Organize for a fundraising event with the help of your friends, family, workmates, and well-wishers. This will boost your budget, as you will add the money to what you had budgeted earlier. You can have them make contributions to a designated account set aside for honeymoon funds. It would be thoughtful of you to make them understand the expectations you have for your honeymoon. The money collected at the fundraising should be above half of your total budget.
  • Don’t exaggerate things. Be realistic when you are planning for events or activities you would want to participate in. This is the point where you create a checklist consisting of the various activities you wish to take part in. In this list, highlight the ones that seem worth doing and worth the amount that is being charged. Get value for your money by selecting wisely.
  • Calculate the cost of meals. It is relatively fair to calculate the cost of meals for the entire visit. Exotic food sometimes is very expensive. Food is a top priority during the honeymoon. Good food natures both the body and soul. Every time you have a nice meal, you always feel happy and satisfied. To make your honeymoon a moment worth remembering demands of the couple to plan wisely, earlier and make a meal budget that reasonable and acceptable. Don’t overestimate or underestimate.

The honeymoon is a trip that you should hold with high regard, as this is the first time you and your partner will enjoy special time together, away from friends and family. Make the best use of it by making sane and sober decisions and also consulting your partner. This will make the honeymoon worth remembering.