Budgeting for Events – A Guide by Award Winning Planners

Budgeting for Events in South Florida

Budgeting for a wedding, engagement party, bar mitzvah or a sweet sixteen; what do they all have in common? Budgeting for them just isn’t fun. There’s a lot that goes into planning an event; the guest list, the schedule, looking for event venues in Palm Beach, and finding a price that works for you. It can be tough to plan, organize and budget for events. It might not be the most fun part of the process, but budgeting for events is necessary.

No one has ever had a great party on the budget of a wing and a prayer. So, let’s figure out some universal tips to budget for an event, no matter how big or small it may be. While we’re at it, maybe we could make the entire process of budgeting for events a little more fun!

Keep it Simple

It may sound silly to some, or obvious to others, but it must be said. Keep it simple and budget at a third-grade level.

Everyone and their mother will offer advice about budgeting for events. If you tell someone you’re getting married, both the topics of money and the wedding are going to come up within the first five minutes of the conversation.

Tip 1 – Taking advice is encouraged, but avoid overloading yourself with budget planning tips, and more importantly, decorating advice that doesn’t suit your style or budget. Find a method you like and customize it. You will have much more success sticking to one plan that YOU are comfortable with.

Remember KISS – Keep It Simple Sweetie. The rest will fall into place. Budget right, and you’ll easily afford all those award-winning event venues in Palm Beach!

Set Goals You Can Reach

Nothing feels better than reaching a goal you set, and nothing feels worse than constantly failing to reach a goal.

The upside to budgeting for events is the knowledge that time is mostly on your side. You have time to save and break your goals into smaller parts.

Tip 2 – Don’t fall into the trap of believing the result is the goal. Break up your main goals into smaller goals. Set goals that you can reach every day to remain accountable and feel like you are making progress….and you will be.

It’s fun to reach a goal you set every day! Take it one day at a time and build up lots of small, budgeting victories.

Motivation and Budgeting Games

When in doubt, or when there is something you really want on sale, or you really need to get that new piece of equipment that everyone has, remember your motivation to budget!

And then, make budgeting for events fun! See how long you can go without spending a cent; an afternoon, a day, a few days, a week? Then, challenge people in your life to grocery store competitions and see who can leave with the most, for the less.

Tip 3 – Understand what you want and let that motivate you, and make a game out of spending less. Challenge everyone around you to do the same so that it keeps you on track.

Event venues in Palm Beach are exclusive and usually expensive. Budget right and find a venue that works for you. Contact event planners and ask about the Key West room at Deer Creek Golf Club by calling 954-426-6588.