My fiance' and I will be getting married this May 2017 just before she begins her residency, and we are planning for a Honeymoon in Belize. All of the packages we are considering incorporate time at both beach and jungle resorts so that we can experience everything from snorkeling, beach lounging, and sailing to river kayaking, cave exploring and Mayan Ruin hiking. As expected, there are several price points we can choose, with increasing costs for increasing experiences/ammenities, ranging from $3k to $8k. Due to the travel requirements of my job, our flights will be covered with Airline miles so the "All-Inclusive Honeymoon Package" is the only real cost. I'm a chemical engineer with a Med-High income, zero debt, 3yrs maxed out IRA, 1yr maxed out 401k. She will be a 1st year Med-Peds resident July 2017 with ~$250k loan debt and no savings. We are wrestling with the idea of spending more money (~$4k more) on our honeymoon versus using that extra money for savings (retirement or house down-payment) or paying down her student loans.
For you married folks out there, is a Honeymoon one of those "once-in-a-lifetime experiences" that's worth splurging on? Or will we regret not having that extra money when we go to furnish our first shared apartment, replace her 1999 vehicle, or get hit with that first loan payment? After your own Honeymoon, did you look back wishing you had done/spent more or wishing you hadn't been so frivolous?
Any and all experiences and advice greatly appreciated from a young couple! Thanks!
For you married folks out there, is a Honeymoon one of those "once-in-a-lifetime experiences" that's worth splurging on? Or will we regret not having that extra money when we go to furnish our first shared apartment, replace her 1999 vehicle, or get hit with that first loan payment? After your own Honeymoon, did you look back wishing you had done/spent more or wishing you hadn't been so frivolous?
Any and all experiences and advice greatly appreciated from a young couple! Thanks!
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