Prom on a Dime

According to the 2014 Visa Prom Spending Survey, American families spend $800 – $1,000 to cover prom costs. Here are some ideas on getting the night you want without breaking the bank.

Establish a Budget

Whether your parents are helping to cover the cost or you plan to spend your own money, it is best to establish a budget. One easy way to do so is with the Plan’it Prom App for iOS and Android. The app helps you to create a budget and keep track of your spending. It also provides a timeline and countdown feature so you don’t forget any important details.

PromApp2 PromApp1

 

Save on Threads

Thanks to the internet, both guys and girls can rent formal wear online to avoid over paying for an outfit you’ll likely wear one time. If you plan on renting your attire, start window-shopping and reserving now since the hottest trends go fast. You can also check out consignment shops or thrift stores.

To Limo or Not to Limo? That is the question.

Renting a ride can be a luxury, but is it worth the cost? Call around and price-check different businesses in advance to make sure you get the best deal. Also, consider sharing the cost with a group of friends. If the rental is $600 for the night and you have six friends sharing the ride, you end up spending much less money than if it was just you and your date. You could decide to drive yourself at a huge cost savings so you can use your resources elsewhere.

Dinner Options

You and your date could choose to go out to dinner, but that can be a really large expense. Consider doing something low key or find a swanky restaurant with thrifty prices. Another option that you may consider, especially if you plan on having a group share a ride, is to have a little dinner party at home. It could be in the style of a potluck, but you could have parents provide the food or have it catered and then split cost with your friends.

 

Keep these things in mind whenever you are planning for prom. Remember that things can still be luxurious without all of the costs. What are some tips that you can think of to save money for these events?

 

About the 2014 Visa Prom Spending Survey

The survey results are based on 4,000 live telephone interviews conducted nationally from January 24 – January 26, January 31 – February 2, February 7 – 9, and February 14 – 16 in cooperation with GfK Roper OmniTel.

Have fun this weekend!

Well, with summer ‘officially’ over (I’m looking at you Labor Day), it’s time to get into the fall spirit. And to be quite honest, after the ridiculous heat we just melted through all summer, I am MORE than ready for some cool fall air.

I like exploring and trying new things in our area, so here’s a round-up of local, budget-friendly events to check out this weekend:

  •  Great Grapes Wine, Arts and Food Festival – Reston Town Center

    September 8 & 9, 12 p.m. – 6 p.m. This is a great event for friends and/or families! Bring lawn chairs, blankets and enjoy live music with over 200 Virginia wines. Learn from the experts with hands-on demos of wine and food pairings in the Gourmet Live! Tent. There’s even a Kid’s Activity Area.
    2 Day Adult ticket – $37 in advance (includes souvenir wine glass, lanyard, unlimited samples and access to all cooking demos)
    1 Day Adult ticket – $20 in advance, $25 on-site
    Designated Driver ticket – $15 in advance, $20 on-site

  • 10th Annual Alexandria King Street Art Festival – FREE Event

    Saturday, Sept. 8, 10 a.m.-7p.m. and Sunday, Sept. 9, 10a.m.-5p.m. Browse festival booths that line King Street between Washington and Union Streets. Plus, this year participate in a smart phone scavenger hunt for a chance to win prizes at the Torpedo Factory Art Center, AND a 10 a.m.-10 p.m. Saturday drawing marathon!

  •  “Rock of Ages” Musical – Wolf Trap

    Sunday, September 9, 8 p.m. Based on the book by Chris D’Arienzo, “Rock of Ages” features tunes by famous bands from the 80’s, including Journey, Night Ranger, Styx and more. This musical is described as “an evening full of rock ‘n’ roll, comedy and non-stop fun.”
    Tickets – $25-$45

  •  Cirque du Soleil – National Harbor – On-going show, check site for dates and times

    This weekend: Saturday shows at 4 & 8 p.m. and Sunday shows at 1 & 5:00 p.m. If you haven’t seen a Cirque du Soleil show, I highly recommend checking it out. It’s truly unbelievable what the performers do and how easy they make it all look! This show is ‘TOTEM’, tracing the journey of the human species from its original amphibian state to its ultimate desire to fly.
    Tickets – $40-$153 or check out the LivingSocial deal HERE for discount tickets.