I love throwing socials at my house. Who said that frugal people can’t have fun. Being frugal isn’t about being cheap, it’s about being resourceful, in other words, don’t cheat yourself out of a good time, just plan accordingly on a budget. I get it, some people are just born entertainers. From the perfect food to the best party playlist, to amazing decorations, some folks always throw amazing parties. You don’t need a huge bank account to throw a party that will have everyone talking at brunch the next morning or trying to remember what happened the night before (for the wild goers).
Here are some frugal tips that can help you plan a frugal party. Here are my five frugal party suggestions:
Make it a potluck party. When everyone brings a favorite dish it makes the menu more interesting and, especially for the host, it takes a lot of the prepping pressure off. Just make sure to keep track of who’s bringing what:
Hitting up your local dollar store for low-cost party supplies and decorations. You will also be able to find paper plates, tablecloths, and napkins to fit your color theme colors, that’s if you have one.
Have a snack party where you serve hors d’oeuvres, who said you have to feed the whole village? There’s no need to go all out with the food you serve. Try getting a variety of snack foods. You can make your own fruit and veggie trays.
Buying alcohol can become very expensive. One thing that I always do to save money is to provide a few cases of beer or margaritas and I ask my friends to bring their favorite brand of alcohol, make it a BYOB party. The rule in my house is that after you “pop the top” it stays… it’s a good way to replenish your stash.
Don’t wait until the last minute to figure out your menu. If you plan ahead of time, that will help slash the impulsive spending, and you’ll be better able to take advantage of sales, saving by ordering online, and coupons. There are a lot of deals on iBotta
Related Article: How to Make Money on Ibotta
Create a Budget
By all means, set a budget. If you don’t have a firm idea of how much you plan to spend, you’re much more likely to have regrets after your party. Creating a budget can help you plan ahead and save money. Don’t dig yourself in so much debt that you are paying for the party a year later. You don’t have to spend a lot to have a great time at your party. Be smart, be creative, and you’ll enjoy the party as much as your guests do.
Related Article: Budget This!