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Set a spending limit
Rather than just going out and buying decorations and food or drinks for your event, start with a budget and stick to it.
Thea Wise, an event producer at Melt Productions, suggests using an Excel spreadsheet or Google document to precisely track your spending.
Jennifer Read-Dominguez, editor at the website Rock My Wedding, has advice for people getting married that could be usefully applied to other events.
“Establishing a realistic budget, by working out what you can afford, will play a key role in saving up for it.
“And the earlier you start saving, the more manageable it will be in the long run,” she says.
“We recommend that couples create a spreadsheet and input everything, so they stay fully aware of their finances and where they’re at with planning and spending.”
Matthew Shaw, the founder and creative director at the event planning company Sauveur Studios, says you should always start by “working out all the costs and adjusting until it works for you”.
He adds: “As planners, this is always our priority.”
Use familiar spaces
It may sound obvious but if you are planning a party, why not see if any friends or family have a space you can use for free?
It could be a relative’s lounge, a friend’s basement, or a colleague’s garden.
Wise says that if you are planning a smaller party, see what your local parks have to offer, “as you are often allowed to put up gazebos”.
Do you have a friend who would let you use their garden as a venue? Photograph: Paul Bradbury/Getty Images
… or look for cheap ones
You can find places to hire on Tagvenue, a website that lists locations and does not charge a fee for bookings. You can order search results by price or put a maximum limit on how much you want to spend, so that you only see places you can afford.
Wise says village halls can be a cheap option, “or somewhere run by your local council. Then transform the space in terms of making it more glamorous”.
Scout and guide huts are another…..
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