A great way to reduce the cost of flowers at a party is to use day-old rose petals instead of fresh-cut roses. At a recent event at Carrots, the hostess filled oversized martini glasses with deep red rose petals. The petals were scattered on tables between candles and used as garnish in the pomegranate martini.

I talked to a local florist and a grocery bag filled with day-old rose petals costs $30-40, much less than the fresh cut flowers. If your florist doesn't have day-old roses, purchase cheap roses from Safeway or Trader Joe's. Usually you can get a dozen roses for under $10, but you'll have to take them apart yourself. If that doesn't fit into your budget, silk rose petals are super cheap at a craft store.