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How To Plan A Party On A Budget


How To Plan A Party On A Budget


Parties are the best, especially during the warm summer months. It feels good to gather with friends and family to celebrate a birthday, congratulate a recent graduate or party just because it’s Friday. With that being said, parties tend to be expensive, especially when food and drinks come into play. All celebrations don’t need to lead to an empty bank account though. We have gathered some great tricks and tips to keep your wallets full while also keeping the party grooving.


Location! Location! Location!

Choosing the proper setting for your soiree is the first step in creating your budget friendly event. Choosing an inexpensive venue can save you hundreds of dollars. Instead of renting out a restaurant or event space, try having a party at home. If you don’t have the space, ask a friend, or have your party in a large public area such as a park or at the beach!


Make Your Own Invitations

Depending on your event, invitations might be inevitable. Prices can skyrocket when you go the stationary route, so instead, try opting for a less expensive (or free!) option. Evite is a great resource for online invitations. You can send out professionally designed RSVPs for a fraction of the cost. Don’t want to spend any money at all? Create an event on Facebook and invite all of your friends virtually.


Choosing The Right Theme

If you want to have a themed party, remember the added costs of outfits and decorations. One of our best recommendations would be to choose a theme with items you already have. If you don’t already own these things, be sure to check out your local Dollar Store. You’ll be amazed at the amount of merchandise they sell for all occasions.


Plan It Around A Time That Doesn’t Include A Meal

Food is an added cost that can make or break your budget. It is best to host your party at a time that doesn’t include a meal, such as right after dinner. If you absolutely need to have food at your event, try to keep it light. Hors d'oeuvres are a great option so that your guest can snack, but you don’t need to supply them with an entire meal. Now, if you want to do a full dinner feast, try a potluck! Every guest can bring something to share, plus they most likely will leave you with a ton of leftovers.


Take People Up On Their Offers

Sometimes it can be hard to ask for help, but there is nothing wrong with getting some assistance every once in a while. If you are the type of person who wouldn’t normally ask, try accepting offers that come your way. There's bound to be a friend or two that is willing to help bring food, decorations, or even help set up! Trust us, just say “yes!”.


Make Your Own Cake

Cakes are known to be overpriced, so why buy when you can make your own for just a few dollars? Not only is it going to taste just as delicious, but you can also make it into a fun afternoon activity. Better yet, invite your friends over to help decorate! It will be a perfect start to a perfect evening.


B.Y.O.B.

Drinks, especially alcoholic drinks, are going to be the priciest part of your fiesta and unfortunately, there is no easy way around this one. We recommend putting B.Y.O.B. (Bring Your Own Booze) on your party invitations so everyone brings their own and the only person you need to worry about, is you!


Parties don’t need to be an overly priced expenditure. Even if you choose to incorporate food and drinks, there are ways to cut costs so you can stick to your budget. Accept help when offered, host your event in an inexpensive space and don’t forget that all you really need is good friends and family to have an unforgettable celebration.


If you are struggling financially and need assistance, reach out to us today! We at Madison Monroe & Associates will work directly with you to find you the right plan to get you on the track to financial freedom.


Contact us at help@madisonandmonroe.com

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