Party Planning Tips and Tricks: How to Budget for an Event

Budgeting for an Event

As with any type of special occasion, it is always a good idea for the host to put together a budget. By setting a spending limit before the planning starts, Hostess Heroes will ensure they get the party supplies they need without unnecessary spending. A celebration is about being together with the people that mean the most to the guest of honor and Hostess Heroes can throw an event on a budget that is still memorable and personalized.Budgeting for an Event

A budget can be one of the most difficult to arrange but it determines the whole event. From the number of guests to the location, a budget has an effect on every Hostess Hero’s decision. Your budget will help you have a successful celebration without going bankrupt.

First, estimate how many guests you expect to attend. Then, decide on a menu and decorations to easily determine the cost of the event.

If you find the budget is still a bit too expensive, you can adjust the number of guests or choose a simpler menu to reduce the cost. Renting out restaurants or hotel banquet rooms can be expensive, so host the party at home to stay within your budget. Also, try to schedule the party during snack time, such as early afternoon, and you won’t have to serve full meals. Guests will enjoy themed finger foods and appetizers, which will also save you money. Another option is making your event a potluck. Potlucks are still a popular choice and it is fun to taste others’ secret recipes.Unique Party Ideas

Co-hosting the event will also help reduce the cost and it can be a lot of fun to have someone to plan with. Co-hosting is becoming a popular option as several people share the costs. The co-hosts decide who will cover the different expenses involved with the party or pool their money together and use it jointly. Each host contributes a mutually-agreed upon amount to the fund and the party supplies are all purchased from this fund.

Co-hosting a party can be fun but asking others to help fund an event is something that must be handled with tact. It is never a good idea to ask the guest of honor to help with expenses nor is it appropriate to ask someone who is struggling financially. It’s always much easier when others volunteer their assistance, rather than having to ask for it. In these situations, the host should not feel bad about accepting money or any other help they are offering.

The important thing is to have fun. Planning any celebration should be as much fun for the host as it is for the guest of honor. And most of all, if you do have help from others, remember to thank them for everything they contributed.

Download our Party Planning Checklist and hosting your next event will be quick and easy.

Posted by Lindsey, a Dot-arilla blogger