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5 Ways to Fund Your Honeymoon

If you're getting married soon or are already married, funding a honeymoon may seem daunting. Don't worry! It doesn't have to be. Funding your honeymoon should be easy. Here are five ways to fund your honeymoon without breaking the bank.

  1. Bid on a Vacation
    Yes! You can bid on everything nowadays, including vacation packages. You can save major cash by visiting websites such as eBay and checking for vacation packages. There may be packages such as a Caribbean vacation for two, including meals, for under $2,000. The possibilities are endless. Ebay is certainly one way you can save on your honeymoon. Simply go to Ebay and search "Vacation packages." You'll be surprised with the results. SkyAuction is another website where you can bid on vacation packages. This website focuses  solely on vacation deals. You have the option of viewing rentals, flights, what's new, auctions that are closing, and more. You can even browse by destination.
  2. Use Crowdfunding Websites
    Crowdfunding sites are becoming all the rage. People can fund inventions or raise money for a cause, but did you know you can also fund your honeymoon this way? Websites such as Honeyfund focus on helping couples pay for their post-wedding vacation. It acts as a wedding registry in which, instead of buying you silverware or appliances, people can put money toward your honeymoon. After you've signed up, guests can simply go to the website and input the bride or groom’s last name. The list shows all matching names, as well as when and where the wedding will take place. Once guests click on your name, they can read messages straight from you! Guests then have the option to put money toward any item listed on your page. For example, paying for a flight is expensive, but it's broken up into 10 parts, so one person can pay an easy $50. 
  3. Get a Wedding Loan
    If you can't afford a honeymoon, try getting a loan for your wedding to save money for your vacation together. Many companies now offer wedding loans with surprisingly low interest rates. One such company is LightStream. Here, you can get a $5,000 to $9,999 loan with an interest rate as low as 9.54%. The company may give you a loan for as high as $100,000. These loans are fixed rate loans you can pay off over time. With most loans, you have up to 60 months to pay it off. One of the best things about this type of loan is that it's unsecured, meaning you won't need to put down your car or your house as collateral. LightStream does have various terms that you must qualify for, but if these qualifications are the only thing standing between you and the best honeymoon of your life, why not do it? For example, let's say you've taken out $10,000 at 5.99% APR. For a 3-year term, you'll be making 36 monthly payments of $304.17. Smaller payments are much more manageable than putting down $10,000 up front to pay for your wedding. 
  4. Ask for Cash Instead
    If Honeyfund doesn't interest you, you can always ask for cash instead of using a wedding registry to ask for gifts for your wedding. There's absolutely nothing wrong with this tactic. In fact, many guests may feel relieved. Buying someone gifts can be difficult, especially if you don't know what they already have or what they need. And how many times have you really wanted to receive cash for a gift? So, in your wedding invitations, simply ask for cash instead of a gift. You can place a jar or box for the guests to place money into as they arrive or as they leave. It's a simple way to create a fund for your honeymoon.
  5. Check your Rewards Points
    One of the more creative ways to fund your honeymoon is using the rewards points on your credit cards. Hundreds of thousands of points per year go to waste as they roll off credit cards. Why not use them for your honeymoon? If you can't use them for your honeymoon, use them to pay for parts of the wedding, such as your dress, then put the money you would have spent on the dress toward the honeymoon. Either way, you're saving money. Call your credit card company to see if you have unused points and find out what you can do with them.
Last Updated: February 09, 2017