How to Create an Event Budget
Budget: the dreadful word that defines most of our lives is also an imperative factor when planning an event. Maintaining a budget while preparing to host a special occasion can be tricky, but not impossible. Consider the following before you blow through your entire financial plan on those swanky cocktails or entertainment ideas. Have you hosted a similar event in the past, or perhaps you took a peek at recent trends relating to the occasion? Set specific goals and clarify your event budget strategy. Think critically about what you will be spending your money on. Create spreadsheets chocked with information that will be vital to outlining the social get-together. By having your finances and wish list documented, your overall plan will be mapped and easier to digest. Some questions to help you create a budget include: - What are you budgeting for? (Clarify your major spending categories.) - What are the exact costs? (Mentally walk through the event lifecycle a