Inexpensive wine pairings?

Lately I've been enjoying a variety of wines from Rex Goliath. The Pinot Noir, Merlot and Cabernet Sauvingion are terrific and the price is right. I'd go with the Pinot Noir and you should have no trouble finding it for under $10/bottle. I can't be of much help with white wines, sorry.
If you want to spend a bit ($12-18) more I can make a few other recommendations on red wines.
Another thing I would highly recommend is to see if there are any wine retailers in your area. If so, they most likely hold a wine tasting every month. This is a very good way to taste a variety of wines before you buy them. Since you've got some time before the party you should be able to attend a few tasting.
Have fun!

For a red, I'd suggest Castillo Perelada -- Tinto Crianza, 2001 (50% Tempranillo 50% Garnacha grapes). About $13 -- very, very good, from Spain. For a white, the Cortenova, Verona -- Delle Venezie Pinot Grigio 2003 is quite good for about $12. It may be tough to find exactly the recommendations so I second Dmcewan's suggestion of finding a wine store with folks who really know their stuff. For example, there are a number of very nice and inexpensive whites from Italy or California -- Pinot Grigios or Semillons. The 2001 Rieslings from Germany are among the best ever so those would also be a find. Enjoy!

I don't have any money for wine after buying all those cardas golden cross cables

Hi,
A few of my favorite values as a wine professional;
for a red try Badia a Coltibuono Cancelli Toscana Rosso 2003 a delicious blend of 70% Sangiovese (the base grape in Chianti) and 30% Syrah for around $12.00/btl. For a white perhaps a nice crisp New Zealand Sauvignon Blanc, something like Allan Scott Vineyard Select 2004 at about $12.00/btl.However the best advice I can give you is to find a retailer that you trust, explain you situation and get some advice. That way you can begin to develop a relationship with someone who can help you explore a pretty wide world of wine. Speaking as someone who spent about 9 years in retail there are some really great people out there who are enthusiastic wine lovers and who really want to help you learn and enjoy wine more.

I think that Chianti for the red would be a very traditional selection as an inexpensive but flavorful Italian table wine. Another favorite would be a Lambrusco, also affordable. If you want to spend some more money, try a good Barolo.

I'm not very well versed in Italian white wines, so I'll keep quiet about that.