An event is simply defined as the occurrence happening at a pre-planned time and destination and this may involve humans or not. In our general life when we talk about an event it means we are referring to a specific time and a particular occasion like a wedding, birthday, graduation party, sweet sixteen, or a housewarming party. Events are very important in our lives as they allow us to meet our friends and relatives under one roof and let us share our happy moments with our loved ones. Although it’s a social gathering of our close friends and relatives and nobody will care if we don’t properly arrange the party it’s against the manners of a host that he doesn’t know how many guests will be at the party, where they will be seated and how much food is needed for every person. This is the reason that a party needs to be planned so that everything is in order and in a proper manner.
As it’s made clear that an event always needs to be planned properly so the tool used for this purpose is called an event budget calculator or planner. This is a tool that helps us to find out the cost of the party, the number of guests who are expected at the party, and the amount of food and other items necessary for the party. With the help of this event planner, the host estimates the amount he will spend on the event and whether he can afford that or not. This way when he gets the total estimated expenses of the event, he can eliminate some extra items which are not that important to shorten the expenses or cancel the invitation of some relatives who he thinks won’t care about his life anymore.
This budget calculator or planner is available online free of cost or you can create one on your own using some formulas and an Excel sheet on a computer. Either way, it’s very easy to operate this planner and you won’t need to be an expert in the mathematics of accounts. It’s simple sum and subtract and even a 12-year-old can operate this planner. The main advantage of an event budget planner is that it keeps you within a limit and doesn’t let you spend more than you need or available finances. With the help of this planner, you can actually find out how much money an item or luxury is costing you. There are basically three levels of an event A, B, and C, and these categories depend upon the money in your pocket. This planner enables you to stay inside a category while spending on the food and flower type of products for the party.
Usage of an Event Budget Planner in our daily lives:
- Individuals use this planner when they are about to plan a party or event either inside or outside their home.
- Families use this planner to plan for an upcoming home event like a birthday or getting a job party.
- Businesses and organizations use this budget planner to plan for upcoming events like meetings, conferences, seminars, and presentations.
- Professional party planners use this calculator when they are planning a party for their client(s).
- The head of a family uses this planner to allocate the monthly expenses of their family and this way he can plan to shop while staying inside his financial limits.