My parents are letting me use their house/pool for a 4th of July party if I want to have one. In my circle of friends, it's the only pool we have access to this summer so everyone has indicated that they'd be very interested in coming if I do have the party.
I am on a pretty tight budget though and I cannot afford to get beer, wine, etc. for everyone. I can definitely swing the costs of hot dogs, fixings, snacks, watermelon, some desserts, etc. and I would do that, but otherwise the event would have to be BYOB or else I cannot afford to have it at all. (A "dry" Fourth of July will not happen in this crowd).
Is hosting what I've listed and asking people to BYOB cool? In college our parties were always self-explanatorily BYOB... but is that something we should have grown out of?