The Oscars are kinda like the Superbowl. Everyone loves having a party to watch ‘em, even if they have no idea who’s actually taking part in the main event -- and no plans of really watching. As such, you better believe that the food and drinks will be an even bigger part of the night for at least half of your guests than Kate Winslet’s sure-to-be teary acceptance speech.

To make the night memorable, however, you don’t have to spend a lot of dough. Potluck parties are a great idea (so long as your friends are good cooks), and by taking the time to plan out a few special cocktails, you don’t have to stress about stocking your entire bar. If you’re more of a do-it-yourselfer, the appetizers just need to be quick and easy, the kids happy and quiet, and the drinks delicious. And as you finish the night off with some delectable treats (see: chocolate covered strawberries), everyone will walk away happy. That is, unless your guests are rooting for cute little Bolt to win best animated feature (because WALL-E has that in the bag).