With a personalized honeymoon loan from Lending Bee®, you’ll have the liberty to dictate the honeymoon of your dreams.
Getting married is a rite of passage for many Singaporeans. However, modern weddings go beyond the actual day or occasion, despite the fact that the bulk of your savings is usually spent on them. One of the conventional additions to a wedding that most of us overlook is the honeymoon.
Honeymoons are typically a once in a lifetime celebration of love that newly married couples experience. They do so by taking a trip to a specific country, or various locations around the world, depending on their preference and budget.
That said, like all holidays, the costs can add up rapidly. This is why Lending Bee has presented you with the option of a honeymoon loan. With a honeymoon loan, you’ll be able to enjoy your honeymoon to the fullest, with all your finances taken care of.
As they say, a wedding without a honeymoon is akin to a birthday without a cake.
With an affordable and personalised honeymoon loan, newlyweds will be better able to handle the cost of their honeymoon. Not only does a honeymoon loan help to cover the cost of your travel, it also relieves the stress of having to cut back on your wedding spends.
This enables couples to enjoy the trip of a lifetime as they make manageable monthly repayments of their loans at a fixed interest rate. Honeymoon loans can be used to cover trips either locally and abroad, including heading to a single location or travelling to various places.
As a well-established money lender in Singapore, we have solidified ourselves as a trusted financial institution by providing our clients with a wide range of loans for various purposes.
With a honeymoon loan, you’ll be able to cover for all aspects of your honeymoon including the airfare, accommodation, food, entrance fees, shopping, transportation and so on.
Your wedding should culminate in a beautiful and relaxing holiday trip at a scenic or adventurous location. Find out how Lending Bee® can help.
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When wedding plans are demanding most of a couple’s attention and time, it can be challenging to prepare for a honeymoon.
Most couples might spend all their time and effort into planning for the big day while neglecting the honeymoon that comes thereafter. However, with some organization and effort, newlyweds can have a stress-free and memorable honeymoon to look back on.
Here are some of the key factors that newly weds should take note of before planning for a honeymoon:
One of the key considerations is the destination. While choosing a destination, emphasis is placed on finding a place that both of you love.
Whether you both prefer the beach and mountains or have different preferences, it is important to identify a place that can accommodate both individuals.
Choosing a destination that your spouse loves is a sweet and nice gesture but it will not be enticing and fun for yourself if there is nothing to interest you. Hence, the both of you have to come to a proper consensus and compromise on your intended country of travel.
Another important consideration is the season. You probably won’t enjoy your honeymoon to the fullest if the weather conditions are extreme, the crowds of tourists are overwhelming or there is nothing to interest you.
1. Begin by assessing the weather and find out the average temperatures for different times of the year.
2. It is advisable to travel between the peak and off-peak periods of the year. This helps to cut down on costs along with ensuring that the place is more relaxed and enjoyable.
3. Newlyweds can think about delaying their trip if they are getting married during the off season of their dream destination. Putting off the honeymoon also creates more time to save money for the trip.
4. When travelling during low seasons, some tourist destinations may be closed or have restricted hours. It is advisable to consult attraction websites to find out the hours and availability of various attractions during the specified travel dates.
All newlywed couples are encouraged to set realistic budgets for their honeymoons. Planning ahead, making early reservations and researching make it easier for people to stay within their budgets.
1. Unexpected expenses like replacements for lost luggage and emergency medical care should be included. All these are usually covered depending on the travel insurance that you purchase.
2. When renting a car, there should be a budget for factors such as fuel, meter fares and parking.
3. For public transportation, there should be a budget for subway, bus or cab fare.
4. Travel agents may offer affordable travel packages. Being upfront with them regarding certain spending limits makes it easier to find cost-effective options.
With proper planning and execution, you will be able to enjoy your honeymoon to the fullest.
Honeymoons usually last for a week and couples can expect to pay thousands of dollars each, for the whole experience. Some couples may seek to have an opulent honeymoon while others may prefer a strict budget. Setting a realistic budget is an important step towards turning a dream honeymoon into a reality.
It is important to note that honeymoons that occur during peak seasons such as during public and school holidays are likely to cost considerably more than those during off peak seasons where airlines and hotel rates are considerably lower.
Ensuring that a honeymoon is a stress-free and perfect adventure begins with focusing on the details or experiences that are regarded as priorities. While being fun and romantic, it is also important to remember to stay within budget. Regardless of what the budget may be, you can have an amazing honeymoon with great memories to look back on, all without burning a hole in your pocket.
The total amount that is set aside for a newlywed’s holiday trip may cover the following:
Getting the most out of a honeymoon without being financially drained requires research and proper planning. The following are essential budgeting tips that can help newlyweds save without compromising on the quality of their trip:
Setting priorities: Determine the priorities in terms of factors such as what is most exciting, non-negotiable aspects of the trip and accommodation.
Affordable locations: Various factors can turn a beautiful destination into a budget friendly choice. These factors include lower hotel rates and favorable exchange rates.
Shorter Distances: Shorter flights are usually associated with cheaper airfare. The money that is saved on airfare can be used to upgrade to better room and hotel at a suitable location. Ultimately, it is not so much the intended country of travel, but the quality time spent with your other half that matters.
Early bookings: Booking early usually gives you better rates, and also ensures that the more affordable rooms will still be available.
Packages: There are many online websites that offer discounted tickets to tourist attractions and also provide you with insider tips on how to make the most out of your trip.
Budgeting for a trip doesn’t necessarily equate to a less than enjoyable holiday. It means travelling smart.
The average Singaporean wedding costs tens of thousands of dollars, excluding the honeymoon cost. Regardless of whether couples finance their weddings with a loan, through help from family members or with savings, ending up financially drained after the ceremony is highly likely.
The good news is that couples do not have to give up on their dream honeymoon even with a tight bank account. At Lending Bee, our aim is to make our loan terms as favorable and accessible to the public as possible. These include:
1. Convenient and fast application process:
If you are looking to take out a loan, you will most likely want it fast. This is why we have constantly been fine tuning our loan application process. Today, applying for a loan with us is simple, fuss free and less stringent. It is also recommended that you apply for our honeymoon loan online to save you the time and hassle.
2. No need for collateral:
At Lending Bee, we offer unsecured honeymoon loans to newlyweds. Thus, we do not require any collateral.
3. Longer loan tenures:
We understand that depending on each couple’s financial situation, some may require a longer repayment period. This is why we peg our loans with a 36-month loan tenure to ensure comfortable repayment. This way, you will be able to enjoy your holidays without having to worry too much about making your monthly repayments.
4. Credit rating:
If you currently have a less than ideal credit rating, we might just be able to help. At Lending Bee, we do not out rightly reject you just because your credit rating falls below the norm. We will assess each individual’s financial situation and if we see an improvement and that you will be able to make timely repayments, you may still be approved for the loan.
5. You won’t miss out on repayments:
Lending Bee is proud to have pioneered an advanced method for our clients to assess their loan details. Once you have been approved for a loan with us, we will assign you with a personalised login account where you will be able to stay up to date on your loan status and make timely repayments. This way, repayments are much more convenient and you will not have to incur any unnecessary late payment charges.
At Lending Bee®, we’ll take care of the cost of your honeymoon. All you have to do is to make the best out of it.
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