Tuesday 24 October 2017

Financial Planning for your Event

Financial Planning for your Event


When planning an event, like Birthday Party,  Anniversary Celebration or a Wedding, it is advisable to start putting funds away/saving towards the event, put funds in an interest bearing account, in order to avoid as much as possible having to take a loan to fund it.   If you are having alcohol at your event you can start purchasing in small amounts as this will drastically reduce your cost as you go along.
It is also advisable, as much as is possible to avoid holding your event around Christmas time, as the price of food is elevated, items are scarce, and dumping is done by businessmen.


7 comments:

  1. that's good advice. I have started saving for my wedding even though I haven't set a date.

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  2. Good point, it is also best to budget for all aspects of your event.

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  3. I agree . This practice will definitely save the embarrassment of not being able to afford everything you need at that important event and also avoiding the bills left over ( loans )

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