Aesthetic treatments, from injectables like Botox to more involved surgical procedures like rhinoplasty, have become increasingly popular as ways to enhance our personal appearance and boost our self-confidence. Bear in mind these costs can be expensive!
The below guide will help you budget for all those treatments you may want.
Research Costs: The first step in planning for aesthetic treatments is understanding the cost. Treatments can vary depending on the treatment after, but also consider the practitioner and their experience and the location of the treatment, as in areas such as London will cost more than treatments in the North.
For instance, non-invasive treatments like dermal fillers could cost a few hundred pounds, whilst a more involved procedure like breast augmentation can run into several thousand. It’s worth noting that often, these costs include not only the procedure but also any necessary aftercare and follow-up appointments.
Financing Options: Once you have a sense of the cost, consider your financing options. Some clinics offer finance or payment plans to allow you to spread the cost of the treatment over several months. One company that offers this is Payl8r.
Additionally, specialist lenders provide personal loans specifically tailored for aesthetic treatments. Just remember that borrowing for treatments needs to be considered and there are interest rates to consider, any missed payments could impact your credit score.
Insurance Coverage: In the UK, aesthetic treatments are typically considered cosmetic and therefore not covered by the National Health Service (NHS) – meaning you would have to go private and pay for these treatments. However, some private health insurance policies may provide coverage if a procedure is deemed medically necessary. It’s wise to thoroughly check your policy details or consult your insurer directly.
Saving Plans: To avoid potential debt, another option is to save a specific amount each month towards your treatment. This requires patience and discipline but can be a good way to fund your aesthetic treatments without incurring additional financial burden. Consider opening a dedicated savings account for your procedure to keep these funds separate from your daily expenses.
Contingency Fund: It’s prudent to account for any potential unforeseen costs, such as follow-up treatments or additional aftercare. Thus, factor in a contingency fund of around 10-20% on top of the treatment cost to ensure you’re fully prepared.
Prioritise Treatments: If you’re considering multiple aesthetic treatments, prioritise them according to your personal goals and financial capacity. Not all treatments need to be done at once. Spreading them out allows for easier financial management and recovery.
Professional Consultation: Lastly, ensure you have a thorough consultation with a qualified practitioner. They can provide a more accurate quote, discuss potential payment plans, and inform you about any risks or additional costs.
Budgeting for aesthetic treatments involves careful consideration and planning, but with the right approach, you can achieve your aesthetic goals without compromising your financial health. Whether you choose to save, borrow, or a combination of both, always make sure you’re making informed decisions for your wellbeing.