3 Things You Need to Know about Event Budget - Vigyaa

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3 Things You Need to Know about Event Budget

It is very important to know before your event takes place how your expenses are going to be paid off and how your vendors need to be invoiced, paid ahead of the event, or at the time of the event. We should have a plan to pay any expenses and last-minute expenses that might occur on the day of the event.So,In this blog we are giving you three easy tips to help you keep your budgets on track.


Having a budget for every little thing in life is important and keeping to that budget is fundamental, knowing what is important is vital for that event to be a success. Event Planner Singapore setting a budget for events which is very crucial in order to know where you stand and what you can achieve.

Here, we have set three easy tips to help you keep your budgets on track:

1. Review any and every expense

From the very first day, note down exactly what you plan to spend or need to spend on your event. Making a checklist is the best way to know who or what you have organised and try to record the costs of each enables you to accurately keep a record of which tasks have been completed and how much of the budget has been consumed by each. Everything needs to be noted and calculated for and you need to cover everything to reach all expectations for the event so having that understanding of how each item requires payment is golden.

2. Setting goals and targets

From the beginning, it is always best to write down what you want out of the event, would your team benefit from being brought closer together? Do they need to improve their communication? Do you need to integrate new staff? It might just be a fun day out! Whether it’s a new year party or just a conference, study the needs and requirements closely as these need to be matched as best they can. Take a look at the number of guests attending and work out a rough cost per head, this makes it a lot easier for Event management Singapore when keeping in touch with the bigger picture.

3. Discuss your plan of action regularly

Staying completely within your budget means you have done an amazing job, but just remember there are always those last minute items that are needed to make sure you have a little bit amount left over which will cover most situations. If you are much organized then you could even create a list of situations you may encounter and how much you would need to rectify the problem. Creating checklists and event survival kits for event staff is much needed to make sure everyone keeps on point and knows what is needed from them from start to end.


MTM Events keeps you in the budget of the event should be set from the get-go, checklists and shopping around is vital and having that all important plan can really set the difference between having a good event to providing an event that will never be forgotten.

One little step can make or break you as the Event Manager or organizer but don’t let this put you off.


Related Articles

With July 29th having marked the 38th anniversary of the marriage between Princess Diana and Prince Charles, it’s a poignant reminder of how beloved “Princess Di” was in life and so remains in death. With this in mind, award-winning singer-songwriter Karen Sokolof Javitch has written the “Princess Diana: the Musical” that spotlights Princess’ relationship with Prince Charles, focusing on their courtship, marriage and divorce.

"The marriage is still the most watched royal wedding in history,” notes Javitch. “Millions still remember how Princess Diana omitted the word ‘obey’ for the first time ever in a royal wedding, and so began a reverence for this maverick royal."

For this touching, one-of-a-kind musical, Javitch wrote all 32 of the songs, arranged by Chuck Penington of Mannheim Steamroller, which reflect Diana’s transition from being an unknown 19-year old to becoming one of the most famous women in the world. Not surprisingly, the musical is gaining in popularity and has been produced by theater groups and troupes in multiple cities across the United States.

Musical theater buffs may listen to one of the songs from the show, “There Was a Time,” that was the main song to “Princess Diana: The Musical,” here and the full array of songs may be accessed on Javitch’s web site here.

Besides Javitch having co-written four musicals performed throughout America, she’s also produced no less than 15 albums with original music and was the creator and co-host of a popular radio show, “It’s the Beat.” Her family-friendly music includes a variety of songs about exercising and good health, celebrities, holidays, weddings, politics, children, babies, education, patriotism, love and family.  Also philanthropic, Javitch has raised over $350,000 for national and local charities through her original music.

Especially this month, Javitch’s Princess Diana: the Musical represents one phenomenon celebrating another—a noble endeavor indeed.


As the Executive Editor and Producer of “The Luxe List,” Merilee Kern, MBA is an internationally-regarded brand analyst, strategist and futurist. As prolific consumer trends, lifestyle and leisure industry voice of authority and tastemaker, Merilee keeps her finger on the pulse of the marketplace in search of new and innovative must-haves and exemplary experiences at all price points, from the affordable to the extreme. The best-of-the-best across all product, service and travel categories—as well as noteworthy marketplace change makers, movers and shakers—are spotlighted in her exclusive cross-media platform that reaches multi-millions each month through several syndication channels: print and online publications as well as broadcast TV and terrestrial radio. Connect with her at www.TheLuxeList.com / Instagram www.Instagram.com/LuxeListReviews / Twitter www.Twitter.com/LuxeListEditor / Facebook www.Facebook.com/TheLuxeList / LinkedIN www.LinkedIn.com/in/MerileeKern.

***Some or all of the accommodations(s), experience(s), item(s) and/or service(s) detailed above may have been provided at no cost or sponsored to accommodate this review, but all opinions expressed are entirely those of Merilee Kern and have not been influenced in any way.***

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