Ah, the honeymoon. Your first holiday as a couple after tying the knot. You want it to be extra special, symbolising your first getaway as newlyweds. You’ll want to make the best post-wedding memories that’ll be talked about for generations to come!
When it comes to planning your perfect honeymoon, a little research goes a long way to celebrate your wedding bliss.
If you’re already making plans, here are some tips to making your honeymoon budget work harder for you:
Set your priorities
What do you want to do? How much are you prepared to spend? Do you want a relaxing vacation or an adventurous expedition?
Once you’ve decided, start planning your honeymoon budget. Online is a great place to begin your research, or you can also speak with a travel agent to find a package that suits your needs. Here are some pointers to consider when planning your honeymoon budget:
Get off the beaten path. Like choosing a lesser-known destination. You may get cheaper flights and options for accommodation.
Heading to honeymoon-friendly destinations such as Paris or Bali? To save money on your total cost, you should search for cheaper accommodation alternatives such as AirBnBs or bed and breakfasts.
Use your gift registry
Instead of gifts, let friends and family contribute toward your honeymoon. Itemise activities and let them chip in for a massage or a moonlight cruise.
Book flights way in advance
The earlier you book your flight tickets, the better the fares. Planning your honeymoon during non-peak seasons or booking flights when seasonal discounts are offered can score you some cheap flights.
Cash in the credit card rewards and points
While you’re planning ahead for your honeymoon, you’ll have plenty of time to earn points on your credit card.
If you want a real boost of points before your honeymoon, consider funding your wedding on your credit card. That way, you can finance your dream wedding and reap the benefits for your honeymoon.
Check your credit card deals for discounts on meals, entertainment, and maybe even an upgrade to the prized honeymoon suite. If you have a travel credit card, it also provides travel insurance and the best exchange rates to boost your honeymoon bliss.
Grow your money before you go
If you’ve both been saving for this ultimate interlude, a little extra money always helps manage the honeymoon fund better.
If you haven’t or have only just started saving, explore opportunities to better grow your money. Short-term investments such as 3- to 6-month fixed deposits that reap attractive earnings rates are one way to go.
Once you’re financially sorted, you can finally say, “I do” to your romantic escapade.
Congratulations and bon voyage!
This article is brought to you by CIMB as part of our ongoing efforts to raise the level of financial literacy among Malaysians. Financial knowledge and understanding are key to making well informed and meaningful financial decisions that will improve all our well-being. This, in turn, achieves CIMB’s purpose of advancing customers and society.