Many people like to hold events in order to promote their business or perhaps to boost employee morale. Whatever the case may be, it is very helpful to them to have some excel event budget planning done ahead of time to figure out exactly how much of an event they are honestly going to be able to afford.
If they really cannot afford as much as they might have once thought, then it is a good idea for them to rethink having the event at all, or perhaps at least scaling it down to some extent. This can be extremely helpful.
How are you planning to pay for all of this? That is what you might hear an event planner say if you have not properly planned out the payment side of some event that you are hoping to hold. It is a legitimate question that is trying to get at the heart of how you are going to be able to afford something in the first place.
You should understand that the type of person who asks this question is one who is using an event budget template to figure out if this event can be paid for or not, and you should as well.