How To Survive Financially After Your Honeymoon

by Susan Paige
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Getting married and heading off on your honeymoon is an exciting time for all of us, no matter where you choose to go, and you’ll want to enjoy every minute with your new partner. However, this means your spending is more likely to become more out of control, and although it may seem like a good idea at the time, when you get home, you may feel differently! If you’ve gone all out on your honeymoon and you’re dreading checking your finances, don’t worry! No matter the damage, there are ways that you can get your spending back on track. Read on to find out more. 

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How to get back on track with your spending 

Your honeymoon is a once-in-a-lifetime trip away, so it’s no surprise that many of us spend a long time saving for it and enjoying ourselves as much as we can when we are there – however, when you return to normal life, getting back on track with your finances may seem difficult. Maybe you’ve splashed the cash and splurged on a fabulous, once-in-a-lifetime, luxury stay at the amanyara, Turks and Caicos. Perhaps you’ve not stuck to your holiday budget, and you’ve ended up using credit cards to make your honeymoon the best it could be – and now that you’re home, you need to pick up the pieces! Try not to worry, there are ways that you can get back on track, from cutting your spending to increasing your income. Read on to find out more.

Manage your money 

When you return from your honeymoon, the first thing that you should do is check the damage. You won’t be able to make changes for the better if you do not confront your spending head-on. Look at your bank account and see where you stand. You should also check the amount that you have charged to your credit card, so you know how much to expect when your next bill comes in. It can be an anxious time checking to see how much you’ve spent when you’ve been away, but it is a necessity when it comes to getting your finances back on track. 

Cut unnecessary expenses 

So, you’re back from your holiday and you’re wondering how you’re going to get your finances back to normal after overspending. The best place to start is to cut unnecessary expenses. Consult your banking apps and budgeting apps to get an idea of where your money is going, and how much you have coming in each month. This can help you to indicate whether you’re spending too much in a certain area or in areas that are not necessary. For example, you may notice that you have subscriptions that you’re paying each month that you’ve stopped using, or maybe you still have a gym membership you don’t use. Now would be a great time to cancel them to save a bit of extra cash. If you know that you spend money on eating out at lunch each day, switch to a packed lunch, this could save you a huge chunk of money each month. 

Increase your income 

This may seem like an obvious one when it comes to improving your bank balance, but there is more than one way to do this. If you are in a low-paid job, you could look for another position or ask for a pay rise in your current role in line with good performance. But if this doesn’t apply to you, you could turn your hobbies into a way of making extra income – if you enjoy taking photos, why not make prints and sell them online? You could also sell unwanted, barely worn clothing online to make a bit of cash to improve cash flow or to add to your savings. 

Pay off your debt 

You’ve likely racked up debt over your honeymoon, sometimes it is unavoidable, or maybe you paid for the honeymoon on your credit card and you’re still paying it off. You should make sure that you focus on making the repayments on time and in full. If you can, it may be best to pay more than you need to so that your debt is paid off more quickly, and you can improve your cash flow. It is essential that you can repay your debt so that your credit score stays healthy, otherwise you could risk not being approved for financial help in the future. 


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