How to Save on Graduation Party Expenses: A Guide for Parents of 2025 Graduates
Graduation is a significant milestone and celebrating it doesn’t have to break the bank. With the average graduation party costing around $1100, it’s wise to start planning and saving early. Here are some practical tips and a detailed cost breakdown to help you throw a memorable yet budget-friendly graduation party.
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1. Set a Realistic Budget
Start by setting a budget that works for you. Track your expenses along the way to avoid overspending. Focus on what matters most to you and your graduate, whether it’s the food, decorations, or any special extras.
2. Co-Host the Party
Consider co-hosting the party with other graduates. This can significantly reduce costs as you can share expenses for the venue, food, and decorations.
3. Choose an Affordable Venue
Hosting the party at home or in a community park can save a lot of money. If you prefer an indoor venue, look for affordable options like community centers or church halls.
4. Send Digital Invitations
Skip the fancy printed invitations and opt for digital ones. Websites like Evite, Simply To Impress, and Shutterfly offer great options for digital invitations, often at a fraction of the cost of printed ones.
5. DIY Decorations
Get creative with DIY decorations. Use your graduate’s school colors and create banners, photo displays, and centerpieces yourself. This not only saves money but also adds a personal touch to the party.
6. Plan a Potluck
Ask guests to bring a dish to share. This not only reduces your food costs but also adds variety to the menu. You can provide the main dish and ask others to bring sides, desserts, and drinks.
7. Buy in Bulk
Purchase food, drinks, and party supplies in bulk from wholesale stores like Costco or Sam’s Club. This can significantly reduce the per-item cost.
8. Keep the Guest List Small
Limit the guest list to close friends and family. A smaller, more intimate gathering can be just as special and much more affordable.
9. Opt for Simple Entertainment
Instead of hiring a DJ or live band, create a playlist of your graduate’s favorite songs. You can also set up a photo booth with props for fun and memorable pictures.
Cost Breakdown
Here’s a rough cost breakdown for a graduation party:
- Invitations: $20 to $200
- Venue: $0-$300
- Food: $300- $600
- Drinks: $50
- Decorations: $200
- Entertainment: $0-$500 (DIY playlist and photo booth)
- Cake: $50-$500 (homemade or from a local bakery)
- Miscellaneous: $30-$300 (paper goods, utensils, etc.)
Total Estimated Cost: $1100
By following these tips and keeping a close eye on your budget, you can throw a fantastic graduation party that celebrates your graduate’s achievements without overspending. Happy planning! 🎓
Do you live near a Wegmans? Right now Wegmans graduation items are 75% off.
We were able to find Congratulations Graduate napkins for 74 cents and Large CELEBRATE GRADUATE banners for 99 cents. Check all stores for great clearance deals and set the items aside for May or June 2025.