Monday, August 6, 2012
Money Monday: Honeyfund
For some couples a fabulous honeymoon is out of reach after paying for an expensive wedding, but some newlyweds have gotten creative to get the vacation of their dreams. Seven's Lynn Martinez has more in tonight's Money Monday.
They want to make sure everything is picture perfect including their honeymoon. That's why they're using a new wedding registry called Honeyfund. It's a free site where guests can contribute to a couple's romantic getaway.
Kallie Burke: "The guests can put money aside for bottles of champagne, excursions and you know places that we might not be able to afford to go to, and things we might not even think about. So we can really enjoy our honeymoon."
Jeffrey and Callie are planning a honeymoon in Hawaii. Forget the flatware, for them it's all about having fun.
Jeffrey Meister: "I'd rather take the zip line any day over that champagne flute."
Here's how it works: Couples sign up and build the registry around their dream honeymoon, including information on hotels, restaurants and activities they like. Guests pick what to buy them and make credit card donations through Paypal or give a monetary gift directly to the bride and groom.
Wedding planners say honeymoon registries are an idea that's catching on.
Andi Dyal: "When the couple is on their trip, when they're on an excursion they can say 'Oh, remember so and so got us this.' And so has become a trend a lot of our clients are doing it."
Britt Bradford used the registry for her wedding last February.
Britt Bradford: "My husband and I both had a lot of stuff for the home already so we didn't need to register for the traditional home goods, so we thought, why not register for our honeymoon?"
She and husband Mike went to the Dominican Republic. About 80 percent of their trip was paid for by honeyfund donations.
Britt Bradford: "We had our hotel, dinners on the beach, wine tasting and we were able to add all of that on our site with details for our guests so they could see exactly what we were going to be doing, and they could pick and choose what they wanted to buy for us as our wedding gift."
After dropping big bucks on the wedding, most couples are glad to have guests pick up the tab for the honeymoon.
Andi Dyal: "It's better than buying them spatulas you know, you can send them scuba diving or give them champagne so it's a great idea."
Lynn Martinez: "You can also include non-honeymoon items on Honeyfund like cash for a home downpayment."
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