Summer is around the corner, and that means partying. Parties in the morning, in the evening, and all through the night. It's all fun and games until you find yourself stuck hosting, and then you begin to picture all your hard earned money flying out of your bank account. Fear not, because here are 7 ways to throw an amazing party without breaking the bank!
1. Know your limit and play within it: Figure out how much you're willing to spend. Add up the total cost of everything after reading this article and if you enDecide how much you'll spend. At the end of this article, add up the d up over budget, cut down your guest list or ask a friend to co-host and split the cost.
2. Have it at home: Booking a venue for events is typically a huge budget-eater. You can cut costs vastly by throwing it in the comfort of your own home. You can even kick it up a notch by hiring a bartender - you can find them on TaskRabbit for as little as $15/hour.
4. Digitize your invites: Use Facebook to create an event and invite people that way. Or, if it's a classier type of event, Paperless Post has free, classy digital invitations that make it super easy to manage responses, so you don't overspend on guests who can't make it. (FYI, making RSVPs public increases the number of yeses.) On the invites and/or Facebook page, specify when the party ends to minimize lingerers. Adding "Significant others welcome!" to the invite politely implies that random friends are not.
5. Keep the drinks simple: Stocking a full bar is super costly. You can save big on time & money by only having one signature drink (or one for each host), You'll save by having one signature drink (or one for each host), although you'll probably have to buy the extras some guests will request, like lemons, limes, and club soda. If possible, serving only beer and wine is the cheapest option. Plan on one to two drinks per person per hour, and also have soda, juice, and water readily available.
6. Let them help out: When your guests ask what they can bring, don't passively say "just bring yourself!" Ask them to bring their favourite bottle of wine, or what have you. This will definitely help cut your alcohol costs down.
7. Rent your party equipment as opposed to buying: Why spend tons of money on stuff you'll only use once? Look around online to rent anything from kitchen utensils, large speakers, tables and chairs and party tents to bouncy castles, fog machines, karaoke machines, and more! Lendr is an up-and-coming app designed to simplify the process of renting all sorts of consumer goods. Sign up to get early access!