B’Mitzvah Planning 101: Expert Advice to Budget Like a Pro
Your child has just received their B’Mitzvah date, and your family is eagerly anticipating this special occasion. However, amidst the excitement, the daunting task of planning the celebration approaches. You ask yourself: “Where do you even begin?”
As professional event producers, we believe that the first step for any special event is to determine your budget. Creating a realistic budget will ensure that this special day is memorable without breaking the bank! Afterall, it's very easy to see snapshots online of beautiful events yet have no idea what things cost. With our help, you can learn how.
Essential tips and advice to help you determine your B’Mitzvah celebration budget:
Compile Your Guest List:
The number of guests you plan on inviting directly impacts many aspects of the event budget, including catering, venue selection, and additional elements like invitations and party favors. The larger the guest list, the higher the costs for food and beverage, venue space, and décor. When you have a realistic guest count, you will be able to determine your budget with more accuracy.The number of guests directly impacts the budget. Prioritize inviting the people in your life who are most important to you and your child, and who will cherish being part of their special day.
Allocating Funds:
By determining the critical aspects of your event and where your funds should be allocated, you are prioritizing expenses based on what matters most to you. This helps you make informed decisions and prevents overspending by focusing on the essential elements.By carving out a percentage of your budget to afford an event planner, you prioritize your time and money giving you peace of mind allowing you to enjoy your event as a guest.
Determine Splurge Elements:
Once you determine how best to allocate your funds on the must-have aspects of your event, you can then play around with your budget a bit to determine what aspects you would like to indulge in. While it’s tempting to binge on every aspect, identifying key elements ensures a memorable celebration without overspending.For example, if you want a high energy party, you may want to add additional funds to your entertainment budget to hire a DJ with party motivators, in the desire to keep your guests on the dance floor all night long.
Create Contingency Funds:
Make sure to include a reserve that you would be comfortable using in the event of unexpected expenses. Despite meticulous planning, unforeseen costs may arise.
With these basic tools in hand, we offer sample budgets to help you envision your own. Remember, each budget is unique, no two budgets will ever look the same, because no two events will ever be the same. While one client prioritized the food experience and thus budgeted so, another client chose to go all out on the event decor. We hope this budgeting tool provides you with insight needed to create a realistic budget to allocate your funds appropriately.
By following these tips, you are off to a great start.
Additional helpful resources by Innovative Party Planners:
Cost Saving Event Tips, simple ways to reduce spending without sacrificing a great time.
The Ultimate B'Mitzvah Planning Checklist, a categorized checklist of the essential event elements and resources.
Hire an Experience Event Planner from Innovative Party Planners
Innovative Party Planners is your personal resource for event design and planning in Maryland, Washington, D.C., Pennsylvania and Virginia. To learn more about our event planning services and how we can help make your B-Mitzvah event one of a kind, contact us by clicking here or calling (410) 998-9999.