Planning a birthday is so lit! You choose the food, games, and decor. However, it is also difficult to know where that limit should be. This is where a budget comes into the picture! A budget is simply a way to make sure you do not spend the money, or like your spending plan. Step by step we go!
How Much Should You Spend on the Party?
Step 1: Determine how much money for a start?
- Speaking of price, discuss with your parents (or the person who is paying for the party) as well.
- Find out how much they can afford?
- You might not be able to spend much, and that’s ok.
- Parties as small can be equally enjoyable too.
Step 2: Guest List
- Who are you inviting?
- Output: Write down all the people you desire to come for your party.
- That way you can calculate just how much food, drinks, and party swag to fill up your checkout cart.
Step 3: Select a Theme
- Selecting a theme can guide your decisions about decorations, food, and activities.
- Or are you doing something as a superhero, princess party, etc.?
Step 4: Write a List of Everything You Need
Now you need to write the list in which everything is needed for your upcoming party. This can be:
- Food and drinks
- Decorations
- Invitations
- Prizes or party favors
- Games or activities
- Music
- A cake/cupcakes
Step 5: Create Your Best Estimate of the Cost for Each Item
- List everything that you need from each category in STEP TWO.
- If you are unsure of the actual price, don’t worry.
- Just make your best guess.
- After you have calculated the price for everything in your list, then you must add those numbers up.
Step 6: Sum it all Up
- Add it all up, and you now have a rough total for what the party is going to set you back.
Step 7: Budget Check
- Compare your party’s entire cost to the money you have available.
- If this is higher than your budget, then a few alterations need to be made.
- In this case, you may elect to have fewer guests, pick cheaper decorations, or look at more budget-friendly food choices.
Step 8: Save Money on the Birthday Party
There are MANY ways to save money at a birthday party. A few examples:
- Create your own decorations
- Help with food or drinks (prompt friends or family members to do this for you)
- Party Supply Sales
- Host a potluck party where everyone brings something to share.
Step 9: Keep Track of How Much You’re Spending
- As you begin buying things for your party, make sure you keep an eye on how much there costs.
- This will help you stick within your budget.
Step 10: Have Fun!
- It can be stressful to organize mid_auth_redirect_uri – function trying saying that multiple times but also try to remember it is a party and you are supposed to enjoy organizing them.
- The key is you and your guest enjoying themselves.
Sample Budget
So, you had this party that you intended to host for $100. Example Budget:
- Invitations: $10
- Decorations: $20
- Food and drinks: $40
- Cake: $15
- Party favors: $10
- Total = $95
Remember, this is just an example. Your budget is going to be different if you’re inviting 100 people rather than having a simple gathering with just close friends and family. This will help you create a party as affordable or extravagant as your budget allows. Happy planning!
Bonus Tips
- Keep your friends in the loop of planning.
- They could even have some games or activities in mind.
- Get a Little Crazy And there is so much you can do to make a fun party without spending money.
- Most importantly, prioritize the family and friends of your own. That’s what really matters!
FAQs
Does this mean there is no clear cost, or at least a realistic budget I can set my wet too?
- If anyone is not 100% sure of the real expenses that are fine.
- Just Take a Best Guess at First
- So you can refine your budget as you research and get quotes for those items. Better safe than sorry!
So what if I run out of money before the party?
- Don’t panic! The actions you can take if ever short of money
- If you’re willing to, think about cutting back on non-necessities such as — decorations or party favors.
- You could also enlist the help of family and friends to donate.
In what ways can I bring my kids close to budgeting process?
- It is a great idea to get your kids involved too and show them how money management works against finances.
- Give them a certain amount to spend on some party pamphlets maybe, or for snacks.
- This will help them grasp what budgeting or spending less is all about.
But what if I have a very little budget?
- Parties can be awesome even with low cost.
- Learn the lesson of a long table: YOLO, and it’s better to spend your money on experiences rather than things
- Consider DIY decorations, potluck food, and activities like outdoor games that are free or low cost.