Bachelor and bachelorette parties are an opportunity to celebrate and mourn the betrothed's rapidly dwindling single days. Whether the party veers toward racy or tame, there are many ways to have a great celebration without spending a lot of money.

Traditionally, the maid or matron of honor gives the bride her party, and the groom's best man gives his, but it's common for several people to take on the planning.

Couples parties are gaining in popularity. They are a memorable way to get both the groom's and bride's friends together, regardless of whether they know each other already.

Some Fun Ideas

A pajama party at someone's home is a budget-saving bachelorette party idea. Break out a bottle or two of champagne, rent some chick flicks, and pretend you're all at the spa with a basket of pampering goodies like facials and manicure items. Hire a belly dancer to teach all of you how to do the sensuous dance. You can find fun, inexpensive gifts for the bride — gag gifts are even better!

The groom will revel in a man's man bachelor party. Have a poker night complete with cigars and plenty of submarine sandwiches, potato chips, and beer. Give the groom the chance to participate with his friends in paintballing, camping, fishing, or a sport he enjoys.

For a couple's party, a wine-tasting event appeals to just about everyone. Check to see whether there is a winery near you or consider having the wine tasting at a restaurant. A wine tasting is surprisingly affordable since guests are only tasting various wines. This is a classy party theme that makes a festive couple send-off.

Have you and your fiancé ever been skydiving? If jumping out of a plane doesn't seem like a good idea just before the wedding, find a virtual skydiving facility near you. Everyone can experience the thrill of the jump with none of the worry.

Bachelor and bachelorette parties that take place on the town can be expensive. Partygoers tend to order alcoholic drinks on a tab without a thought to the one paying, making it easy for the budget to spiral out of control. Have your party at home, where you can be both comfortable and save money.