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Budget Fail: A Best Man and A Bachelor Party

This is a new series that I like to call Budget Fail!  I plan on writing posts here and there about when I or a Debt Roundup reader has a failure in their budget.  This is the first post in the series and it is about my budget failure.

partyThis past weekend was a good weekend for me.  I attended a good bachelor party that was really fun and entertaining.  The only issue was that I was the best man and I forgot to budget for the party.  Oops!

I am a big fan of bachelor parties.  I had an epic one almost 5 years ago that I can remember til this day (at least some parts, there are others that are a little fuzzy!).  My best man and groomsmen put on one hell of a party and I still thank them for it.  What a way to “go out” as they call it.  This time around it was my turn to put on a good show.

This party all started last year when my close friend told me that he was proposing to his then girlfriend and wanted me to be the best man at his wedding.  I was honored by the selection and I was happy to oblige.  I knew a thing or two about throwing a legendary party, so I had nothing to worry about.  At least I thought I didn’t.

It turns out that around the same time, my wife and I found out that we were having a baby.  I was super excited and scared at the same time.  My son was born in December and it has been a wild ride every since.  With all of the baby brain going around, I almost forgot to plan the bachelor party!  I know, I know, I look like a jerk for forgetting my role as the best man.  I only have a few tasks as the best man, and throwing a great bachelor party is one of them.

Once my son was born, I couldn’t even remember to tie my shoes (thank goodness for slip on dress shoes!).  I had completely forgotten to plan the bachelor party and now my buddy wanted to know when it was.  Ah, Crap!  I scrambled and figured out something to do and gave myself a little less than a month to put it together.  I rallied the other groomsmen and got something on the books.  The bachelor was none the wiser.  Haha, I am about to pull this off.

Money, Money, Money

See, since this is my first bachelor party, not being the bachelor, I forgot to think about the money.  I have been busy budgeting for the baby and I forgot to enter the numbers for the party.  It is customary for the groomsmen and people attending the party to foot the bill for the bachelor.  I don’t have any problem with that, except that the wedding party is small, so the money dispersion is much smaller.  This leaves me with a much larger bill.  How could I have forgotten about this dang party?

$375

Yep, you see that number?  That was how much I ended up having to pay for a 3 day bachelor party (Thank goodness for my American Express).  While it may not be much, it was not in my budget at all.  I just paid off the medical bills for my son’s birth, along with trying to figure out how to pay for a new couch to replace the one that just decided to give up on life.  Now, I am dealing with the loss of $375 that I didn’t have.  What was I thinking?  I will have to just rack this one up to stupidity and move one.  All in all, the weekend was awesome.  We had a great time and the bachelor really enjoyed his weekend and so did I.  I actually got to sleep without being woken up by a baby.  Just Awesome!

Oh, I forgot to admit that I FAILED!

Image courtesy of Salvatore Vuono / FreeDigitalPhotos.net


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About the Author Grayson Bell

I'm a business owner, blogger, father, and husband. I used credit cards too much and found myself in over $75,000 in debt ($50,000 in just credit cards). I paid it off, started this blog, and my financial life has changed. I now talk about fighting debt and growing wealth here. I run a WordPress maintenance and support company, along with another blog, Eyes on the Dollar, which is another great personal finance blog.

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20 comments
John S @ Frugal Rules says February 15

“Once my son was born, I couldn’t even remember to tie my shoes (thank goodness for slip on dress shoes!).” Lol! I can relate ALL too well Grayson. 🙂 Seriously though, Great idea for a series. These things happen to the best of us, whether we like to admit it or not.

Reply
    Grayson says February 15

    Sometimes the truth is funny. I am glad you like the series John. Hopefully I can come up with some good ones.

    Reply
Alex @ Searching for Happy says February 15

Ouch. Weddings are always a wild card for money in my life. 2 years ago, we went to 7 weddings in the year. Being a wedding guest was one of the biggest items in my discretionary budget that year!

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    Grayson says February 15

    I only have two this year, but I am the best man in both. The one coming up next is going to be wild. I don’t even think I can comprehend how much I am going to spend.

    Reply
Johnny Moneyseed says February 15

I have two children under the age of 2 so I know exactly how you feel! Less than $400 isn’t too too bad. At least it’s only a one time expense!

Reply
    Grayson says February 15

    I am not complaining with spending the money, I am irritated that I forgot about it and didn’t budget it. Stupid!

    Reply
Girl Meets Debt says February 15

Great idea for a new series! I was in my sister’s wedding party a few years ago. it’s not cheap. But it was money well-spent. I’m glad you were able to pull together a fun bachelor weekend 🙂

Have a great weekend Grayson!

Reply
    Grayson says February 15

    I am just glad that I don’t spend that every month. One bachelor party down, one more to go. You have a great weekend as well.

    Reply
Chris @ Stumble Forward says February 15

I remember when I got married and things got pretty expensive. I never thought flower would cost a $1000 for a wedding or how much alcohol we would go through but it was a lot. On top of that we had nearly 600 guest invited. Which is pretty normal around my area, but the foo cost can get pretty high with that many people. In the end the my brother covered all the cost for my bachelor party and our parents covered most of the other cost which was really nice.

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Gen Y Finance Journey says February 15

I was a bridesmaid in my friend’s wedding a little over a year ago and hoo boy was that expensive! It was my first time, so I didn’t even have a clue as to how much money I’d be spending. The dress alone cost nearly as much as your bachelor party!

Reply
    Grayson says February 15

    Yeah, bridesmaids really get the short end of the stick, but at least you get to keep the dress.

    Reply
Shannon @ The Heavy Purse says February 15

Love the new series, Grayson! I hate it when I forgot to budget things too, even though we are all guilty of doing it. And I remember the days of newborn babies and it being a miracle that I was wearing matching shoes! 😀

Reply
    Grayson says February 15

    Thanks Shannon. It is a great day when I remember everything. I hope the series is enjoyable.

    Reply
Doable Finance says February 15

Money, money, money. All is sunny in the rich man’s world.

Reply
Jose says February 15

The term “Best Man” and “Bachelor Party” in the same sentence scare me, Either because it means spending a decent chunk of unbudgeted money or because I don’t want to be responsible for getting the groom into a heap of trouble :D.

Reply
    Grayson says February 15

    Yeah, it can be scary. I am just glad that I got the weekend scheduled.

    Reply
KK @ Student Debt Survivor says February 16

Oh boy, well your friend only gets married once (well hopefully), so you can think of this as a one time friend deposit, instead of an epic failure. I hate being in wedding parties for exactly this reason, by the time you buy the special dress and shoes, and pay for the hotels and the bridal and bachelorette party you’re set back at least a grand. It’s insane.

Reply
    Grayson says February 17

    It is true, he only gets married once, so I don’t feel bad about spending the money. I feel bad about forgetting to budget the funds. One down and another bachelor party to go.

    Reply
Kim@Eyesonthedollar says February 17

I think $375 for uninterrupted sleep is a bargain! Sometimes you have to splurge on things like this. I’m sure you will recover nicely.

I can already tell that my daughter’s room makeover is going to be a budget fail, and I haven’t even started painting yet. If you’d like me to submit that one to your series, let me know.

Reply
    Grayson says February 17

    Good point Kim. I enjoyed the uninterrupted sleep, but didn’t enjoy the money going bye-bye. I will email you about the series, because I would like to have your post.

    Reply
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