updated 01/06/2014 AT 9:00 PM ET
•originally published 01/06/2014 AT 6:00 PM ET
There’s a first time for everything, and Kat Dennings and Beth Behrs are about to make their debut as awards show hosts.
The 2 Broke Girls costars and off-screen BFFs are preparing to take center stage on Wednesday at 9:00 p.m. ET/PT on CBS at the People’s Choice Awards.
“I don’t know how I feel,” Dennings, 27, tells PEOPLE. “I’m excited. I’m a little scared. I’ve presented with Beth at awards shows, but we’ve never hosted. Michael Patrick King is writing all of our stuff for the actual awards show and he’s such a brilliant mind. He gave us a little taste of some of the stuff we’re going to be doing. He’s so funny.”
Adds Behrs, 28: “I feel the same way. I feel like it’s a little different because it’s me and Kat up there, as opposed to a character. It’s a whole different kind of thing. You can’t hide behind someone else. At least we have each other, or else I’d be way more nervous.”
The actresses provided a guide of how they will get through the fateful day.
First and foremost, says Dennings, “Don’t throw up on stage.”
Now, with that out of the way, she believes they are lessening hosting nerves by refusing to throw their celebrity peers under the bus.
“I don’t want to make fun of anybody,” Dennings says. “I think being our first time hosting, we’re going to be pretty tame and making fun of ourselves more than other people.”
Gaining influence from another famous BFF hosting pair could also help things run more smoothly.
“I saw a promo for Amy [Poehler] and Tina [Fey] where they were singing at a piano,” Behrs says. “I just think they’re so genius. We could learn a lot from them. They’re so funny.”
Leading up to the big show, Behrs plans to meditate because it “definitely calms my nerves.”
And while many stars eat less on awards show days, such will not be the case for these ladies.
“I feel like we have to eat, otherwise we’ll pass out,” Behrs says. “If I have low blood sugar, I won’t be able to be funny.”
Adds Dennings: “You have to eat. It’s almost like being an athlete. If you have nothing in your system, you’re just going to start slowly crashing and burning.”
Spending money on show preparations doesn’t sound like an issue because Dennings says, “Hopefully our network will be paying for everything.”
But, as Behrs points out, “We’ll be spending money on lots of champagne for afterwards to celebrate.”
At the end of the day, having each other by one’s side will make all the difference for the duo.
“Our [bond] has just gotten [closer] as we’ve gone on with the show,” Behrs says. “I couldn’t live without that girl. I had the flu on set and I could not have gotten through it without her. She protects me.”
Echoes Dennings: “When you spend every day for years with somebody, it’s hard to not be like family. Like when Beth was sick, I was ready to punch anyone who came near her.”