honeymoon registry

Enjoy experiences not stuff

This entry is from our Expert Guest series where wedding and honeymoon professionals share their best tips on creating memories that last a lifetime.

If there’s one thing Millennials understand, it’s the power of an unforgettable experience — not to mention the social media photos that go with it. That’s why it comes as no surprise that many young couples today would rather receive money toward a great honeymoon or a fun adventure than countless kitchen items they’ll never use. That’s why so many are opting to think outside the wedding-gift box by establishing an experiential registry.

Rather than registering for a long list of small appliances, towels, and other household equipment, couples who choose to create an experiential registry are asking for contributions they can use to make meaningful memories as they begin their married life together. These experiences can be as traditional as a honeymoon or as creative as a monthly massage subscription. Favorite picks include sailing charters, specialty food subscriptions, workout class subscriptions, boutique hotel stays, skydiving, cooking classes and more. Whatever activity the couple would like to try together, they can put on an experiential registry. This helps friends and family members know what they truly want, while empowering the couple to share all sorts of fun experiences as they begin their wedded lives.

Less Stuff, More Memories – Why Choose An Experiential Wedding Registry

Here are a few of the benefits that come from experiential wedding registries:

  • Less unwanted stuff — Millennials belong to a generation that is embracing minimalism and eschewing waste. They understand the emptiness of amassing material objects and put a premium on gifts that offer new experiences versus ones that gather dust in the attic. An experiential registry allows these couples to choose personal growth and adventure over generic stuff.

Enjoy a couples' massage

  • More meaningful memories — Anyone can buy a toaster, but not everyone can travel to a faraway destination. Experiential registries enable couples to collect experiences they’ll remember forever, such as hang-gliding, scuba-diving or exploring the food offerings of an exotic new city.
  • Something to anticipate after the weddingIt can be a letdown for many couples once their wedding day is behind them. After anticipating their big day for so long, now what? But if they opted for an experiential registry, the amazing experiences are only beginning. Getting trips or classes or hotel stays as gifts means there are many more exciting days to come.
  • Getting what you truly want Millennials understand better than anybody the power of travel as social currency. Today, being able to cross an ocean or enjoy an exciting adventure is often more important than owning an impressive car or house. Plus, it’s something to post on social media and share with friends. If family and friends are going to shop for a present to celebrate a Millennial couple’s nuptials, having an alternative registry makes it possible to get the gifts they will truly love.

Cooking classes

When it comes to wedding registries, Millennials are likely to prioritize unforgettable experiences over stuff. Likewise, most wedding guests would rather know what the couple wants than buy items they have to store or return. That’s where an experiential registry is so useful. It makes it possible to collect gifts that pay for a honeymoon, cover a vacation or enable enjoyable monthly experiences in the first year of wedded life.

To learn more about planning the perfect registry and get tips on how to do it well, take a look at the attached resource.

Planning your perfect registry

Author bio: Matt Porter is co-founder of The Personalized Gift Company, which manufactures and personalizes gifts for weddings, businesses and holidays. Matt, who started the company with his wife, Michelle, in 2014, manages the business and design of products — their mission is to offer a large variety of personalized and premium-quality gifts with careful attention to detail. 

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Financing your honeymoon

This entry is from our Expert Guest series where wedding and honeymoon professionals share their best tips on creating memories that last a lifetime.

In today’s Pinterest and Instagram-influenced world, a happily ever after comes with a hefty price. The couples of today demand a wedding that is swoon-worthy and a honeymoon that is drool-worthy.

If you are among the lucky few who have their finances sorted out for your elaborate honeymoon, this article is not for you. However, if you are someone whose honeymoon budget is dwindling after an extravagant wedding, you must read on to know how you can finance your honeymoon without breaking the bank:

Going on your honeymoon

Tip To Finance Your Honeymoon

1. Apply for a Wedding Loan or a Line of Credit

A personal line of credit allows you to draw out only what you need at the time. It has a higher credit limit and a lower interest rate than other types of loans, which makes it an attractive solution for financing your honeymoon.

Pro Tip: Before you apply for a personal line of credit for marriage or to plan a honeymoon, be certain that you can comfortably repay the borrowed amount through monthly installments. 

Choose the best credit card

2. Choose Travel Rewards Credit Cards and Maximize the Rewards Points You Earn

A credit card can be a good place to accumulate reward points and then use them to pay for your honeymoon trip. However, to make sure that your credit card earns enough rewards points that can actually help you to pay for your airfare or hotel stay, follow these tips:

  • Research and choose the best credit card that serves your needs.
  • Swipe your credit card to make as many wedding purchases as possible.

Pro Tip: This credit card strategy will only work if you are committed to paying the borrowed amount in full each month. Otherwise, it will backfire to pull you in the vicious cycle of debt.

3. Create Honeymoon Registries

A honeymoon registry is a popular alternative to traditional gifting and also one of the best money saving tips to plan a perfect honeymoon.  A honeymoon registry works on the same concept as a wedding registry.

It is a fully fundable wish list that you ask your guests to fund. You can include items like these in your honeymoon registry:

  • Couple activities, such as couple massages or tours
  • Luxurious experiences, such as a private dinner or an exclusive chartered hot air balloon experience
  • Travel expenses, such as a car or hotel rentals
  • Some little things needed on the trip, such as books, toiletries, etc.

Pro Tip: Enroll in a free or low-cost honeymoon registry that also offers complimentary plans.  Websites like Honeyfund.com allows guests to fund for specific expenses or activities on your trip.

Save for your honeymoon

4, Start a Honeymoon Savings Fund

Open an account to contribute towards your honeymoon fund. Keep aside a fixed, manageable monthly amount to put in your honeymoon savings fund. If required, set up a recurring transfer to ensure your saving plan doesn’t fall flat because you forgot to keep aside the money.

Pro Tip: It’s important that every couple has an emergency savings fund, a personal savings fund, and a retirement savings fund.

 

5. Ask Your Close Friends and Family

Your close friends and family are the best people to ask. If you are embarrassed to ask outright, drop hints. If that doesn’t work, you may as well just ask bluntly.

Mention that you are saving up for a truly unique trip, and whatever monetary help they can render is always welcome. They might understand and make generous contributions.

 

Author bio:

Shiv Nanda - MoneyTapShiv Nanda is a financial analyst who currently lives in Bangalore (refusing to acknowledge the name change) and works with  MoneyTap, India’s first app-based credit-line. Shiv is a true finance geek, and his friends love that. They always rely on him for advice on their investment choices, budgeting skills, personal financial matters and when they want to get a loan. He has made it his life’s mission to help and educate people on various financial topics, so email him your questions at shiv@moneytap.com.

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