Saving Money for Your Dream Prom Dress: What You Need to do in 4 Months
Posted by Prom Headquarters on Nov 30th 2018
Saving money for your dream prom dress can be tough when you’re working, going to school, and trying to balance the rest of your life including friends and family! At Prom Headquarters, we’ve consulted some of the best experts when it comes to stashing away cash so you can have the perfect prom dress this year without skimping! In the end, you'll be so happy when you buy and wear the dress you really want instead of the dress you settled for because it was on sale.
Estimate for the Dress
Start by making a budget of everything you’ll need to have your dress dreams come true - this means taking into consideration the gown, any alterations you need to make it fit perfectly, accessories, makeup and hair styling and anything else you’ll need. You may also want to budget for a limo or other transportation, prom tickets, dinner and any other activities you plan for the evening if you might have to share the cost with your date or your friends.
Calculate Your Income
Next, compare how much you make weekly or biweekly to the amount you’re going to need for your prom gown and the rest of your prom night budget. You should also factor in your own weekly expenses and add a few dollars so you can go out with your friends. You don't want to sit at home all year just for one night out.
Example - If you make $300 every two weeks, how much of that can go to a dress without you cutting yourself short for other expenses?
Plan out how much money you’ll need for all the necessary things - such as gas for your car, lunch money for school, etc. If you have monthly bills that you pay, you’ll want to divide the total amount into how much you’ll be paying per pay period. This will help you really see all of your expenses weekly and monthly.
Save it Up
Set aside a jar in your room and throw all your loose change in it. Put it somewhere that’s easily accessible so throwing change into it when you’re passing by is simple. The money you are specifically putting away for your prom gown should go into a safe place. This could be a safety lock box or a specific savings account.
Make a chart of your goal so you can visibly see how far away from your goal you are. This can help you see how much progress you’ve made and how much more you have to go. Plus, it’s a great self-esteem booster to see all the goals you’re reaching! Once you've identified the dress and accessories you want, you should keep an eye out for sales or consider layaway. Also, watch to make sure your dress stays in stock in your size.
While you should stick to your goals until your savings reach your goal amount, you might want to plot out a plan B, a second choice of certain accessories that might bring the costs down. Have other tips on how everyone can save for their dream prom dress? Leave it with us in a comment below!
Estimate for the Dress
Start by making a budget of everything you’ll need to have your dress dreams come true - this means taking into consideration the gown, any alterations you need to make it fit perfectly, accessories, makeup and hair styling and anything else you’ll need. You may also want to budget for a limo or other transportation, prom tickets, dinner and any other activities you plan for the evening if you might have to share the cost with your date or your friends.
Calculate Your Income
Next, compare how much you make weekly or biweekly to the amount you’re going to need for your prom gown and the rest of your prom night budget. You should also factor in your own weekly expenses and add a few dollars so you can go out with your friends. You don't want to sit at home all year just for one night out.
Example - If you make $300 every two weeks, how much of that can go to a dress without you cutting yourself short for other expenses?
Plan out how much money you’ll need for all the necessary things - such as gas for your car, lunch money for school, etc. If you have monthly bills that you pay, you’ll want to divide the total amount into how much you’ll be paying per pay period. This will help you really see all of your expenses weekly and monthly.
Save it Up
Set aside a jar in your room and throw all your loose change in it. Put it somewhere that’s easily accessible so throwing change into it when you’re passing by is simple. The money you are specifically putting away for your prom gown should go into a safe place. This could be a safety lock box or a specific savings account.
Make a chart of your goal so you can visibly see how far away from your goal you are. This can help you see how much progress you’ve made and how much more you have to go. Plus, it’s a great self-esteem booster to see all the goals you’re reaching! Once you've identified the dress and accessories you want, you should keep an eye out for sales or consider layaway. Also, watch to make sure your dress stays in stock in your size.
While you should stick to your goals until your savings reach your goal amount, you might want to plot out a plan B, a second choice of certain accessories that might bring the costs down. Have other tips on how everyone can save for their dream prom dress? Leave it with us in a comment below!