4 ways to save money on bachelor or bachelorette parties
Llet’s be honest – there’s nothing more exciting than the freedom of a bachelor or bachelorette party. Whether you’re heading out for just one night or heading out of town for a multi-day adventure, these parties can be as exciting as they are expensive. And they are not cheaper.
According to a 2021 study by wedding website The Knot, people are more willing to spend the extra money, celebrate longer and travel farther for bachelor and bachelorette parties than in pre-pandemic times. Luckily for celebrants, there are plenty of ways to cut costs without cutting the fun.
Here are four different ways to save money on bachelor and bachelorette parties.
1. Stay in town
While a getaway might be the quintessential bachelorette party or bachelorette party dream, skipping a trip might be a more appropriate idea, especially if many of the attendees are local. Destination events will quickly drive up costs. Not only are you responsible for the party, but you’ll also have to shell out for food, accommodation, and airfare.
That Las Vegas vacation you’ve been coveting? Hotels there seem to be cheap, but be aware of hidden costs such as resort fees. According to a 2021 NerdWallet analysis, resort fees on the Strip can reach over $50 per night. Even the average resort fee was a boring $40 per night. There are also hotel taxes to consider.
And don’t forget the cost of airfare to get to Sin City. Even with a budget airline, a cheap ticket can become quite expensive when you factor in baggage fees and other costs.
Crash on a couch and make your own breakfast might not be as glamorous as a boozy brunch at the hotel, but if you’re looking to cut costs, these steps will save you money. money.
If you’re hosting, do everyone a favor and stay local for a great bachelor or bachelorette party on a budget.
2. Shop online
It’s not a party without several handfuls of sticky decorations, is it? While it might be easy to pick up a prop or two at a party supply store, shopping online can save you money in a number of ways.
Not only will you be able to compare prices and coupons, but using shopping portals can earn you significant amounts of money on online purchases, even for stores such as Target, Walmart, and Michaels.
3. Use cash back credit cards
Still looking for cheap bachelor or bachelorette party ideas? Consider getting a credit card that earns money back on your purchases. These cards will earn you a percentage of cash back on your spending. If you already have a card, consider redeeming some of your earned cash back for bachelor or hen party purchases, reducing your overhead.
If you don’t already have a card, be sure to get one before making any major purchases. You can earn party rewards and even a welcome bonus if the card offers one.
4. Redeem Travel Rewards
Want to travel but still trying to figure out how to organize a bachelorette party or bachelor party on a budget? Planning is your friend here; whether you are a guest or a host, you can save a lot of money by using travel credit cards for your trip.
Points and miles earned with travel credit cards can be redeemed in a variety of ways, including deeply discounted airline tickets and hotel stays. Eliminating these costs can free up money for excursions and even a pub crawl or two.
Be aware that many travel credit cards offer a welcome bonus, which deposits a lump sum of rewards into your account after you reach a certain spending threshold. Earning the bonus before a trip can earn you enough rewards for an almost free vacation.
Still, even if you’re looking for last-minute tips, the points you’ll earn by making purchases on your travel credit card can be used for future trips.
If you want to reduce the costs of bachelor parties or bachelor parties
Stag and hen parties costs can be high, but that doesn’t mean you’ll have to shell out a ton of dough. Take advantage of these money-saving tips whether you’re staying home or going out, and don’t forget to get yourself a credit card that will reward you for shopping long after the party is over.
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