Decorate the Cake Yourself. Baking a cake requires a lot of time, precision, and equipment. It can also be costly to purchase all of the supplies if you don’t bake a lot.

You’re cutting yourself a single slice of cake. You grab a butter knife out of the drawer, hack off a moist wedge, and munch away to your mouth’s delight.

Does Having a Fake Wedding Cake—and Serving Your Guests Sheet Cake Instead—Actually Save Money? Our expert weighs in. By Alexandra Leshner · 6/10/2015, 4:43 p.m.