I’m all for a good Birthday party, Holiday party, or Wedding, but did you ever stop to consider the cost to attend when invited to one of these events? It’s a difficult item to try to capture within a budget because of the random nature of them. So many factors to consider make it very difficult to preplan. If the party is hosted at someone’s house some casual attire will be fine, something you probably already own, if it’s a bigger Birthday party at a hall you may need dress up a bit. Maybe even need to purchase a new outfit. Wedding are typically formal and require proper dress, better check and make sure the suit still fits. You could consider buying an outfit and returning it, a term the retail industry has coined wardrobing, I posted about this topic last year and how many retailers consider it fraud. So you might want to thing twice about it. Once you get the wardrobe worked now it’s time to move on to the gift. Gift registries can make life easy if there are gifts within your budget. Cash seems to be king with Wedding gifts and the rule of thumb is the better you know the bride and groom the more money you should give. You might even want to chip in for the honey moon via a recent kickstarter like honey moon funding site I saw recently on shark tank called Honey Fund. With milestone Birthdays you may consider giving the amount of cash the person is turning. When my mom turned 75 early this year she received a number of cash gifts and gift cards for $75. Whatever you decide you again need to factor it in to your budget. So before you enjoy a drink or a slice of cake you’ve spent some cold hard cash just to attend.
The Sweet 16
My oldest son was invited to his first sweet 16 Birthday party for twin sisters. He brought the invitation home from school a few weeks ago and asked if he could attend. The party is a formal 5 hour party at a reception hall. My wife and I agree that he could go. He’s excited to attend. We had to purchase a new suit for him, since it’s been 2 years since his last one was purchased. At age 15, he 6 foot and wears a 12 shoe. So he has out grown he’s previous suit. The time is good with the Holidays approaching we can use it for other events, but here’s the breakdown of costs:
- Suit – $114.98
- Tie – $7.99
- Shoes – $43.15
- Shirt – $12.99
- Undershirt – $12.99
- Belt – $14.99
- Cards -$7.29
- Cash $100 ($50 per Birthday girl)
So the grand total for my son to attend the sweet 16 party is $314.38. Have a great time son!
In December my wife and I will be attending a wedding for a dear childhood friend of my wife. It will be only us traveling, so we will only need to purchase two plane tickets. The good news is the wedding location is close to family so we will be able to stay with them and not have to spend money on a hotel. We have yet to master any travel hacks so we did end up paying full price for our roundtrip airfare. So far this wedding has cost us:
- $898.40 – 2 round trip airline tickets
We have yet to decide on a gift, and the wardrobe is still a work in progress, so final budget is still out on this. The good news is that we will get to seen many family and friends during the trip and wedding right before the Holidays.
Now there are certainly low-cost options for clothes places like thrift stores, consignment shops, and travel saving with reward points. Ultimately you could decline the invite and not attend the party, but what’s the fun in that.
Do you factor party invites cost into your budget? How do you save money when attending parties?