Budget and save The most important step you can take when planning a party is to decide on a budget, then stick to it. You might be tempted to spend more in order to host the perfect event; however you will regret the extra expenditure after the party is over. If you’re watching your bank balance, don’t buy anything you don’t need. Before you make any party-related purchase, stop and think “Is there a way I could do this for less money?” before you make a decision. Finally, if you’re planning a party in advance, start saving a few dollars every week in a designated “party fund” to minimize the impact the party will have on your finances closer to the time.
Food and drink Food and drink is another major cost associated with throwing a party, and it’s easy to spend hundreds, even thousands, of dollars on alcohol, soft drinks, and food, only to have most of it left over at the end of the evening. To limit the cost, try asking people to bring their own food and drinks instead of gifts. Alternatively, you can tell guests in advance that you’ll be providing one drink per person, and people can bring their own drinks if they’d like more.
Entertainment You don’t have to spend anything on entertainment; instead, use your creativity to keep guests occupied. Introduce a theme for the party, and plan some fun party games in advance. You can also use services like Spotify and iTunes to create your own home-made playlists for free.
Planning If you’re hosting a big event, ask family and friends in advance whether they can help out with greeting guests and serving food and drink on the day. Instead of posting physical invitations to guests, try using the iPartyGram app to send invitations for free via email. The app’s invitation feature also contains a section where you can remind guests to bring their own drinks, or to tell them about the party’s theme. Decorations are fun, but you’re likely to only use them for this one event, especially if it’s themed, so try sourcing them from discounted stores. If you’re feeling creative, you can also try making your own.