Gourmet Party Cooking on a Budget - Possible?

I always try to buy the highest quality ingredients when I cook for myself and my boyfriend - I truly feel that brings my cooking to a higher level. But I'm hosting a large function soon - appetizers and sweets for 30 - and I just can't afford to drop hundreds of dollars on the kinds of cheeses and ingredients I normally love. The prospect of shopping at a WalMart equivalent has me depressed... any tips or dishes that taste sophisticated but won't break my bank?

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