Let’s face it – with the economy in it’s current state, many of us have had to cut costs and eliminate some of the little daily pleasures we sometimes take for granted, whether it’s the coffee at Starbucks in the morning, the US Weekly that we pick up at the grocery store every week or the bi-weekly mani-pedi which has turned into a bi-monthly affair. We cut costs where we can to get by, and budget wherever possible.
One area we never want to make adjustments to is the celebrations and milestones we celebrate each year, be it our birthdays, our children’s birthdays, a holiday with the family or maybe even a wedding. And just because an extravagant party is not in your budget, doesn’t mean you shouldn’t celebrate life’s most important events. Yet at the same time, you don’t want to put your financial status in jeopardy for months after your event because you stepped way outside of your budget. Believe it or not, there ARE ways to cut down costs when planning a party, and we’re here to help!
Follow these 10 steps to cut down your costs when planning your next upcoming party…
1 – Plan and itemize your budget – Plain and simple. Know how much you want to spend and stick to it. Make a list of the things you need to buy, costs for your party location, food, etc. and make it work for your budget.
2 – Go from printed to plain – Next time you’re at a party store, look at the prices for the printed napkins, plates and utensils, (the ones with the Disney characters or patterns), and then compare those prices to the solid colored items. The cost comparison is almost double! If you have a party theme, maybe pick a few centerpieces that have your printed theme, and then decorate your other areas with solid accent colors. This will save you a ton of money on your party decor.
3 – Research and compare – Never settle on the first location you look at for your party. If you’re looking for a bounce house rental, a reception room or a caterer, never take your first offer as your final offer. Shop around, or maybe even look at the next town over and compare your prices. The difference of a hundred dollars on a party rental can mean you can rearrange your budget and spend more in other areas, or put that money back into your own pocket!
4 – Ask for help – Thinking about renting extra tables or chairs? Need a centerpiece, cake stand or party linens? Ask your friends or family to see if they can lend you some of their party items to save you time and money.
5 – BYOB or potluck – Food and drinks, (especially cocktails), can be one of the most expensive parts of your party planning. Cut costs by asking guests to bring their own cocktails or a wine bottle to share with others. You can also ask for guests to bring an appetizer or dish to share with others.
6 – Digital invitations – Being in the invitation business, we love invitations! To cut costs on your invitations, choose an invitation without a layered card, ribbon or bow. Choose a digitally printed invitation as opposed to a thermography or engraved printing invitation which instantly will save you a hundred dollars, or so.