Make Your Honeymoon Dreams Come True: Set Up A Honeymoon Fund With Pool
How to Fund Your Dream Honeymoon With Help From Friends and Family
You can't wait to marry your best friend. But you're also excited for the honeymoon and a chance to sneak off and spend time together after the big day.
But there's a slight problem. Honeymoons — like weddings — come with a high price tag. And if you're paying for your wedding, you might not have much money left for your honeymoon.
Is it time to drain your savings account? Or delay your post-nuptial getaway? No way. Set up a honeymoon fund instead.
That's what other couples are doing, and it's making their honeymoon dreams come true. Get ready to turn your honeymoon wish list into a pinch-me reality, too.
Keep reading to learn:
- What is a honeymoon fund?
- How does a honeymoon fund work?
- Is it rude to have a honeymoon fund?
- How 5 honeymoon fund websites compare
- How to set up a honeymoon fund on Pool
- How to get your honeymoon fund wording just right so you secure lots of contributions for your special getaway
What is a honeymoon fund?
A honeymoon fund is like a traditional wedding registry. But instead of asking for physical gifts or home goods, couples ask for monetary contributions toward their honeymoon.
Can you have both a honeymoon fund and a registry? Absolutely. Many guests like having the choice to purchase a gift from a traditional registry or to contribute to a honeymoon fund.
How does a honeymoon fund work?
A honeymoon fund is a dedicated place to collect contributions for your honeymoon plans. Whether that includes airfare, accommodation, spa packages, excursions, sightseeing, or romantic dinners, wedding guests can help you experience all this and more with cash honeymoon gifts.
Honeymoon funds are popular among couples because:
- They allow you to have a special honeymoon even if you pay for the wedding
- They allow you to make memories rather than accumulate things
Is it rude to have a honeymoon fund?
Even though there are many good reasons to ask for money instead of gifts, is it rude to have a honeymoon fund? It all depends on how you go about it. As long as you stick to these tried-and-true suggestions, you'll have a successful honeymoon fund without offending your guests.
1. Avoid asking for cash on invitations and save-the-dates
If you ask for money on wedding invitations or save-the-date reminders, it makes guests feel like you're inviting them for their gifts, not for their presence. Wedding guests almost always bring a gift. But asking them for money can be a big turnoff. Here's what you can do instead.
2. Share your honeymoon fund with wedding guests
Your guests already expect you to direct them to a gift registry. So, don't be shy about sharing your honeymoon fund. You can share it in wedding invitations and save-the-date reminders. This way, you avoid a big faux pas: directly asking for cash.
Instead, you communicate that their presence is more important to you than any gift they bring.
3. Describe how contributions help you experience a wonderful honeymoon
Don't just ask for cash and call it a day. Share how every honeymoon gift will help you create many wonderful memories as newlyweds. Instead of giving you a gravy boat, guests can contribute to boating around the Caribbean.
Instead of shower curtains, you can snorkel with tropical fish. Instead of wine glasses, you'll explore Napa Valley vineyards. We'll show you how to write a stellar description below.
4. Thank everyone for their honeymoon gifts
Keep your honeymoon fund tasteful from start to finish by thanking your guests and giving them a small memento from your trip.
For example, if people pitched in for your alpine adventure, include a photo of the breathtaking views. Share how grateful you are that they helped make that happen. It's a little touch, but it goes a long way in making your guests feel appreciated.
5. Provide a traditional registry
Not all guests feel comfortable giving cash, and that's okay. Set up a traditional registry so they can purchase a gift that they feel good about.
If you're unsure what to include, consider essential items that you need to replace in the coming year or things you use often. For example:
- Kitchen spices
- Smoke detectors
- Water filters
- Microwave
- Fresh towels
- Shower liners
- Bath mats
- Sheets
- Pillows
- Anything for your favorite pastime (new bike tires, camping or hiking gear, volleyball net, etc.)
How 5 honeymoon fund websites compare
What's the best place for your honeymoon fund? With so much on your plate already, you probably want something that's easy to use, simple, and stress-free. Here's why Pool checks all three boxes and how it compares to other honeymoon fund websites.
1. Pool
Pool is a new way for couples to collect, manage, and spend honeymoon money for free. Breathe a sigh of relief — this is not another complicated wedding registry site. It's a platform that's easy for everyone to use.
You can set up a Pool for your honeymoon fund in a matter of minutes and share it with your wedding guests. When guests give money via debit card, it's completely free.
With Pool:
- Your honeymoon fund is free to set up and free to use
- You can spend honeymoon money with your free Pool debit card
- It's easy to share your honeymoon fund via text, email, website, social media, or QR code
- Guests can contribute with their debit card for free
- You can set up as many Pools as you'd like for different honeymoon categories, like airfare, accommodations, spa packages, dining, drinks, excursions, etc.
- You never have to mix honeymoon funds with your personal account
2. Honeyfund
Honeyfund is a platform couples use to create online honeymoon registries where guests can pitch in toward selected experiences, projects, or fundraisers.
Guests can contribute for free, but couples take a hit. If you move cash gifts to your bank account, there's a 3.5% transfer fee. If you want your honeymoon fund in a PayPal account, you pay a 2.59% transfer fee.
3. The Knot
The Knot gives couples a platform for both cash and traditional registries. However, transfers can take up to three weeks before they arrive in your bank account.
Three weeks is a long time to wait if you need to secure reservations or book a flight. Plus, there's a 2.5% fee for every transaction. With Pool, as soon as guests contribute to your Pool, you can spend funds directly using your digital Pool debit card.
4. Hitchd
Hitchd sets itself apart as a platform that charges couples a one-time fee rather than using a percentage-based pricing model.
However, if you choose to use Stripe (Hitchd's payment partner), there's a transaction fee that couples or guests have to pay.
Couples who set up a honeymoon fund with Pool never pay a one-time fee or any transaction fees.
5. Zola
For a 2.5% transaction fee, couples can set up an extensive traditional registry and a honeymoon fund on Zola. But with so many things to choose from, guests can feel confused on Zola.
Couples also contend with Zola's many upselling options, which only adds to decision fatigue around wedding — and honeymoon — planning. Pool isn't confusing. Your guests will never feel bogged down when they use it. And you'll never be bombarded with upselling tactics. We give you the full Pool experience from the get-go.
How to set up a honeymoon fund on Pool
How do I make a honeymoon fund? It's easy with Pool. Here's how to set up your fund and make your honeymoon dreams come true.
1. Set up your Pool
Sign up at Poolmoney.com — a Pool is a dedicated place to collect monetary gifts from your guests. You and your partner can easily manage and spend honeymoon funds together thanks to Pool's collaborative design.
As Pool admin, you and your partner can invite others to your Pool via email, view contributions, track balances, and spend with the Pool debit card. Pool is 100% mobile-friendly so you can manage every part of your honeymoon fund from your phone.
2. Set up one or as many Pools as you need
You and your partner can decide what kind of honeymoon fund you'd like. For example, you can set up one Pool for all of your honeymoon expenses — this approach gives your guests one Pool to contribute to.
Or, you can set up separate Pools for different honeymoon plans. For example, one Pool for airfare contributions, another for accommodations, another for excursions, etc. This second option gives guests something fun to choose from and may also help you keep honeymoon finances straight in the lead-up to the big event.
3. Personalize your Pool
Now that your Pools are set up, make them personal. You can customize it so it clearly reflects your honeymoon fund, like "Luke and Marie's Honeymoon Fund" or "Kate and Christy's Airfare."
In addition to customizing the name, include a photo and a brief caption so guests feel like they're contributing to your honeymoon fund and know exactly how their dollars will be spent.
4. Share your Pool
After you set up your honeymoon fund and personalize your Pool, share it! Your Pool can be shared with anyone.
Make your honeymoon dreams come true with a honeymoon fund at Poolmoney.com
5. Collect honeymoon gifts from your guests
Your guests will have an easy time contributing to your honeymoon fund. When they contribute via bank transfer, they pay zero fees.
No matter how guests give money to your honeymoon fund, they never have to worry about their privacy or personal data. With best-in-class security and compliance practices, Pool is safe and secure for both you and your guests.
6. Track contributions and your honeymoon budget
By selecting Pool's instant notification feature, you get alerted whenever someone contributes. You can also check Pool activity on poolmoney.com at any time to stay abreast of your honeymoon balance.
7. Spend directly from your honeymoon fund
Most honeymoon registries transfer money to your bank account for a fee. But with Pool, it's different.
You don't have to transfer funds to your bank account to spend them. You and your partner can spend honeymoon funds with your digital Pool debit card. (You can also order a physical debit card, too.) If, for any reason, you decide to transfer your honeymoon fund to a bank account, you can do so for free.
8. Thank your guests
Every Pool generates a monthly statement that lists each contributor and their gift amount. This concise record helps you save time when you write your thank-you notes.
How to get your honeymoon fund wording right
Money is a popular wedding gift, but if you feel embarrassed to ask for it or your honeymoon fund wording isn't right, your guests might feel uncomfortable, too.
When you personalize your Pool, you can include a description of your honeymoon fund and what you plan to spend cash gifts on. It's the perfect place to communicate that your guests come first and their gifts come second.
To send you on your merry way, here's some inspiration for your honeymoon fund wording:
"Your presence at our wedding is enough. But if you'd like to give a gift, please consider our honeymoon fund. We're planning a Hawaiian getaway that includes kayaking in the Pacific, hiking tropical paths, and sipping Mai Tais at sunset. We can't wait to see you at the wedding!"
"Beth and I feel fortunate to have everything we need. So, instead of setting up a traditional registry, we have a honeymoon fund. Every contribution will help us have an amazing honeymoon and create new memories to carry with us for years to come — thanks to you!"
"Your love, support, and presence are the greatest gifts we could ask for on our big day. However, if you wish to celebrate with a gift, we'd greatly appreciate contributions to our honeymoon fund. Thank you, and we look forward to seeing you at the wedding!"
Honeymoon funds are a win-win for everyone. When you set one up, you get to have a dreamy honeymoon without draining your savings. And you give your guests a way to contribute to your special plans in a meaningful way.