Top 3 Tips for Keeping Track of Your Party Budget

Creating a party-planning budget helps you hold the kind of event you want without depleting your finances. Before you start planning, set a budget with a firm maximum amount and use the following tips to stick to it:

• Create Lists of Specific Expenses

A general budget might put you in the right direction, but a budget broken down into separate expenses will show you exactly how much money you have available in each area. Put equipment rentals, such as tables and chairs, tents, and even china, into one distinctive category. Place your food and beverage expenses into a separate category and your decorations into yet another one. Keeping your expected costs organized will show you where you can afford to splurge and where you need to cut back.

• Get Estimates Before You Buy

Once you know how much you can spend, it is very important to diligently stick to your budget . Take the time to ask for estimates before you buy or rent any of your party supplies, and check these figures against your budget so you can proceed with confidence. If you find that the estimated cost for a specific category exceeds your budget, consider adjusting the amount you plan to spend in another area to compensate.

• Keep Your Receipts

Whenever you spend money, it’s important to keep a detailed record of it. Make a folder for receipts pertaining to the party, and periodically revise your budget to account for the new expenses.

American Party Rental in Austin can help you throw an amazing party on any budget. Take advantage of our online specials to save money on your party supplies and ease the pressure on your budget. Whether you need tables and chairs or a dance floor and disco lighting, we can set you up! To learn more about our rental catalog, visit our website or call (512) 837-6500.