It really depends on what you do and where you get them from - you can definitely do it for MUCH less than $400, depending on what you want. My FI and I are planning on doing postcards from VistaPrint for our STDs - they usually have great promotions where you can get 100 postcards for free or something crazy like that, so we'll wait for one of those. As far as invitations, we're probably going to get an invitation kit from Michael's and personalize it - we're going to use a 40% off coupon, so we're budgeting no more than $150 or so for invitations.
It can definitely be done! It's just a matter of how much work you are willing to do yourself! 
P.S. Welcome to the boards!!
It also depends on how many you order, what kind of ink you want (colorwise), and if you want some type of special envelope. David's Bridal has some nice ones, and so does rex craft.
welcome to the boards!! also check etsy, sometimes they print etc. there also may be vendors that print out of their home as well.
I made mine....total cost: $160 and they didn't LOOK homemade either. They were time consuming but damn, real invites are spensive!
We did an online STD & made our own invites. It was about $300. I already owned some of the supplies, but I also have a lot of leftover supplies, so I'm not exactly sure how it worked out, but that also includes our postage. I can send you the breakdown if you are interested in DIY....PM me
Thanks for the great info! I certainly don't mind making my own, I just would like an idea of where to start! The kits at Staple's and Micheal's are very plain. I love the idea of making it from the heart, but how do you add to it without it getting bulky and not fitting into an envelope?
I would appreciate any info or pictures. I am getting married next fall and looking for a "leaf" or "willow tail" sort-of theme.
Please keep the great info coming, Ladies!!!
Letterpress invites special - I think a few Bees have used this company:
http://invitationsbyajalon.com/specials.html
$398 for 100 invites
I just ordered mine from whiteaisle - I fell in love with one of their designs (botanical), but couldn't afford their actual invitations. So, the owner suggested I use their DIY menu cards! They're perfect! I'm printing them at home, and with envelopes, they'll cost about $115.
For STD's, I ordered magnets from Vistaprint, for a total of about $25 (they were running a special). I'd sign up for their emails (use an alternate email address, and they're spam happy), and wait for a special. With envelopes, our STD's will run about $30.
Postage will be ~$88 for both, so our total for stationary will be less than $220. That's not including Thank You cards, but I'm hoping to order those for less than a $1/card, so that should come to about another $120.
Hope that helps!
michaels has great invitation kits! we got ours on sale for $30/pk of 30. we sealed them with the hot wax.
we just sent them 2 weeks ago and have gotten a compliment from EVERONE we've spoken to since!
we also did STD magnets that we ordered online. all together (not including ink) we spent $160- but then there is postage for both. the STD only needed 44 cent stamps but the invites need 61 cent stamps.
i just found this site a day ago, and am excitedly sharing it with anyone that halfway implies they might have a need:
SUPER AFFORDABLE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
AND they send FREE samples, INCLUDING postage!
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Save the Dates and Invitations will cost me less than $400 (combined), right?
Where should I go? Tips! Suggestions! Please!
Dixie
dixie.draper@gmail.com