Planning your child’s birthday party on a budget can be either a breeze or a burden, depending on how you approach it. The last thing you want to do is have it turn into an expensive nightmare with wasted food and unnecessary gifts. In order for you to minimize the stress and maximize your budget for your child’s birthday bash, you need to approach the party purposefully so that you can achieve a less complicated, less wasteful and more enjoyable celebration.
1. Plan early. If you want to stick to a budget, plan for it. You need to set expectations for the event; if your child is old enough, you need to talk to him or her about what he or she wants for a party. Planning early will afford you with time to work with your child, and modify, manage or change some expectations as well.
2. Determine your overall budget. When you begin planning, start by listing the two highest priorities for yourself and your child. Let these priorities be at the top of your list, such as food and venue. By doing this, you prioritize what’s important to you and what you are willing to spend for. From this, you can determine the number of guests you can afford to host and which aspects of the party you can undertake on your own or outsource to suppliers.
3. Make a working calendar. After you have taken your child’s input into consideration and set a realistic budget based on the party priorities, you need to work backwards from the date of the party. Having a working calendar will let you factor in pay days when you can set aside a portion for the party budget, schedule payments to suppliers and purchase party needs. Stagger your payments over a period of time so that you can better manage your expenses. Calendaring everything will also let you see the entire party planning process from start to finish so that you can see which days are more freed-up than others.
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