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Victoria
Devoted June 2015

Honeymoon or House?

Victoria, on June 7, 2014 at 7:34 PM Posted in Planning 0 30

We are getting married pretty young, and FH is going to grad school and we will be moving out of state right away. We are looking at our honeymoon planning, but in the back of our minds we are also thinking about a down payment for a house (we want to invest in house because we will stay wherever we are for at least 7 years until he finishes his doctorate). Would you go on the honeymoon and spend half of a down payment on a house and work harder to get money or do a long weekend away that is affordable and save money for a house and go on a trip for an anniversary? Or any other options?

30 Comments

Latest activity by GrayCatVintage, on June 8, 2014 at 9:11 AM
  • kaylarae
    Master April 2015
    kaylarae ·
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    We built our house last fall & we love owning a home together. However, there are so many additional costs with owning a new home. I suggest taking the trip because it will be a smaller cost and it will be a nice way to relax after the wedding. Then you can work on saving for the house after

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  • J
    VIP August 2014
    J ·
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    I vote for house but I might be the only one

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  • KarenM
    Master November 2014
    KarenM ·
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    I agree. Take the trip. A house is a huge responsibility and a huge expense, way beyond the deposit, closing costs and mortgage.

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  • P
    VIP May 2015
    Private ·
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    Do you even have a house in mind yet? It would be nice to know how much the down payment would be before deciding.

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  • NewMrsWesely
    Master September 2016
    NewMrsWesely ·
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    I say house. Yes they have more responsibilities but that money you would be spending on a honeymoon would really help out buying a house. A long weekend away would be best if you want a house

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  • Amy L
    VIP September 2014
    Amy L ·
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    I'd say take the trip and rent of a while and try to save. If your moving to a new area I would take your time maybe a year or so to find the right house and more importantly the right neighborhood.

    Another reason for me saying trip you never know when you'll be able to take a nice vacation again, once you get a house expenses always come up.

    You might regret later on not taking a honeymoon. Best of luck in whatever you choose!

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  • Stacy
    VIP August 2014
    Stacy ·
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    I'd say house also. I was lucky in that we both own homes, so this isn't a big issue for us.

    I can say that, depending on what type of vacation, if you do some research you can get a week away for an affordable price Smiley smile

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  • J Bride
    Devoted January 2015
    J Bride ·
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    TRIP. You can do an all inclusive resort in Mexico or something along those lines so it is not super expensive. No matter how many trips you take later on, the honeymoon cannot be repeated, but you can always buy a house later. Especially after the hubby starts making what a doctor makes.

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  • Pentecost
    Expert August 2015
    Pentecost ·
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    House. It's an investment.

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  • P
    VIP May 2015
    Private ·
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    I forgot to vote. I also vote honeymoon but nothing extravagant since you are saving for a home.

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  • Ariella
    Super February 2016
    Ariella ·
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    I vote house and take a late honeymoon later in life.

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  • Caylin C.
    Master August 2015
    Caylin C. ·
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    I vote for the house. In my mind a house is much more important than a honeymoon.

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  • Megan
    Expert October 2014
    Megan ·
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    I vote honeymoon. You can buy a house down the road, you'll never have another honeymoon. My FH and I had this same debate. Anything later on would just be a typical vacation and we wouldn't be newlyweds anymore. No other couples in our family or friends had a honeymoon and they all regret it. Our honeymoon is costing 3k to go to Ireland for a week. That's such a tiny amount when it comes to a down payment.

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  • Bethanie
    Super April 2015
    Bethanie ·
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    I vote for honeymoon, for the same reasons others have said. You only get married once and have a honeymoon once...even if you take it later and call it a "honeymoon," it's not the same. I really think you would regret not taking one. It takes a while to find a house, so you will probably need to rent for a year anyway. This is what FH and I are going to do.

    Like another poster said, I strongly agree that once you have a house all kinds of expenses are going to be popping up and who knows when you will be able to take a nice vacation later. Probably a really long time if FH is going to be in school for the next 7 years!

    Also....have you considered all the money you are going to most likely be getting for your wedding? That will definitely off-set your honeymoon costs. So if theoretically you already have some money saved for a house down payment, you might not really have to use it. If you are planning on using that money for the house down payment, then this part of my post is irrelevant Smiley smile

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  • PunkRockPrincess
    Super September 2015
    PunkRockPrincess ·
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    House! I wish that was even an option for me. haha It will be years before I can say the word "house" ... house! =) hehe

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  • P
    VIP May 2015
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    You can also take a "modest" honeymoon now and upgrade later on. I definitely think you should celebrate on some level even if it is small.

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  • Melissa
    Expert September 2014
    Melissa ·
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    We did it before we got married but we bought a house and are staying at a rental in fl we found on vrbo at an off time to save so we are doing both. We were lucky to where we could split up costs but house is more important than a big honeymoon. If you can do it, I'd at least take a few days off and check out the new city or get away somewhere so you have time as a newlywed and relax. Good luck with your decision.

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  • John Ung
    John Ung ·
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    House is a smarter choice Smiley smile since you are now married Smiley smile

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  • Z
    Master May 2012
    Zoe ·
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    Totally house. The sooner you stop paying rent and start paying down your principal, the better. Also, the interest on your mortgage (as well as property taxes) are all tax deductible, so you may be taking that honeymoon sooner than you think.

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  • Brandy
    Devoted October 2014
    Brandy ·
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    I definitely say house and take a long weekend to a reasonably priced place. This gives you plenty of time to save for a more extravagant honeymoon and you won't regret potentially making the wrong decision.

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