Recently, College Humor made an hilarious video about the mythical tradition of engagement rings (https://www.youtube.com/watch?v=N5kWu1ifBGU). Similarly, since this is the height wedding season, I wanted to focus on the necessity of honeymoons.
As the median student loan balance for a recent graduate approaches $30,000, it really does make you wonder if newly married couples can even afford to go on an expensive honeymoon. Although weddings are very expensive as well, parents on average still do take on a vast load of that monetary workload; however, the honeymoon is usually left up to the couple (usually the groom).
Given the large student loan debt (or other accrued debts like car loans), should couples still go on expensive honeymoons right after they get married? Or should there be a grace period for the honeymoon?
And if you are married, what did you do in this situation?