Budget Tight for Your Party? Here Are Some Tips

With all the cost of consumer goods and services rising we need to find ways to save our cash. Nowadays, planning a party means avoiding the traps that lead to overspending, without scrimping too much on the basics (food, drinks, decoration and entertainment).

Regardless of the type of party you are throwing, you want to be able to invite your family and friends and serve the most delightful dishes. Also, you don't want to look as if you're on an very tight budget (even if you really are).

So, how exactly do we allocate our meager finances when the party is only a month or two away? Here are some recommendations for planning a party when you don't have much time and money to spare.

From afar, I can hear you say "don't scrimp on food!” and I agree. However, there are still ways to avoid spending too much on the food you are going to serve.

When planning a party, choose a simple menu.

For a sit-down dinner party, select one entrée and plan the rest of the dishes around it. You should be realistic about your main dish and what you can really afford. While meat and poultry are relatively cheap in most cases, the rest of the ingredients you may need for a particular dish could be costly.

You can decide not to serve a meal; but you need to make this known to your guests. Suggest to guests that you aren't serving a full meal by writing "please join us for cocktails after the wedding" clearly on the invitation.

Your guests must confirm attendance at least two weeks before the party so that you can estimate how much you have to spend on chair and table rentals.

Planning a party means considering your budget wisely. Below are some ways to do just that.

1. Besides food and drinks, your other priorities must be delineated at the onset. If planning a kid's party, then party favors must be purchased. If you're planning a picnic, you should invest on an extra grill.

2. Spend two-thirds of your over-all budget on preparations and one-third on last minute adjustments. You will make emotional decisions when you're stressed out, so make sure you have some cash handy when you need to rush out and buy extra stuff on the day of the party.

3. Hire a party planner. You can't afford to take a leave of absence for a day to prepare your party as it's wise to have a financial buffer when you've spent most of your funds on the party. Hiring a party planner will also ensure that things get done in a timely manner.

4. Supplies for the party are cheaper if you buy wholesale. Do a Googlesearch for companies that sell cheap party supplies and have a long talk with the sales representative to know more about discounts and delivery fees.

Finally, you should ask the help of friends and family when planning a party. Your loved ones are probably happy to help out, and they will work for free!

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