I am making my first stacked cake for my daughter's birthday party and I'm trying to make sure I have enough time to get it done. I work full time so I have only a few hours after she goes to sleep to do everything. I was thinking of baking the cakes on Wednesday night, filling and frosting them on Thursday, chilling them overnight and covering them with fondant and decorating Friday night so I don't have to do anything the day of the party. I dont have the freezer space to freeze the undecorated cakes and I don't want the cake to be stale come the party. Is baking Wednesday night for Saturday too far ahead of time?

it depends a lot on the recipe you use. I would try to knock a day off of that schedule if you can. I think cakes last really well iced and covered in fondant but you plan to leave it 24 hours without icing or fondant. If you can I would bake Thursday night, wrap in it saran wrap on Friday morning and then ice and decorate Friday night. If not, at least wrap it up on Thursday morning.

I thimk it's fine. My cakes get better with time.

Wednesday will be fine. As long as u wrap when cool.