How Much You Should Budget For The Honeymoon

How Much You Should Budget For The Honeymoon

A wedding may be the most costly event you ever host (with averages between $25,000 and $30,000), so how much should you squirrel away for the honeymoon? The answer is, it’s up to you. Set a budget and decide what you’re willing to spend. It could be $100 and it could be $10,000. However, no matter the amount, giving yourself a frame from which to work will be helpful as you plan out your first married adventure.

Once you’ve set a budget, assess your goals for the trip. That may include answering questions such as:

  • Where do you want to go?

  • When do you want to go?

  • How long can you stay?

  • Will excursions at the destination cost money? If so, which ones are most important, and how much do they cost?

Keep in mind that departing on your honeymoon immediately following your wedding may be tradition, but it’s not set in stone. If you know you want to take a trip that will be more expensive, you can always postpone it — a few months, six months, a year — the timing is up to you, but give yourself enough time to save up to have the experience you actually want. It’s useless to take a honeymoon, which should be a once-in-a-lifetime event, that you’re not completely happy with, or worse, go into debt for the one you want. That’s stressful.

Also think about traveling in off-season, when things will generally be cheaper. Additionally, think about using tools like those below to save on airfare and lodging.

  • Google Flights helps you find the cheapest tickets by aggregating results from many websites, including discount ones.

  • Hotels.com will show you the cheapest hotels. If you’ve been using it for a while, you may also accrue free nights, which you can apply to your honeymoon.

Don’t be afraid to get creative and break with convention. This trip is one you don’t want to have regrets over, so make your budget, figure out your goals, and start saving. Don’t forget to have fun while you’re at it!

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