5 Ways to Save Money on Birthday Parties

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Source: Stock.xchng

Source: Stock.xchng

1. Make a budget for all your kids

When your child is really young (probably under 4-years -old), you can get away with smaller parties with just family or a few friends. You also probably will not need as many party favors or decorations. Once they reach 4 or 5 though, most children will want to have a big party, especially children with older siblings. You will save a lot of money by creating a set budget for all children old enough to understand a monetary amount. Even if your children won’t understand how much cupcakes and decorations cost, and so on, they can understand fairness, and if you tell each child over four that their party will cost $100 or less, you won’t have to worry about the children competing. Setting a budget also stops you from getting too excited and spending more money than you intended to because you want your kids to compete with other kids.

2. Don’t compete with other parents

This point goes hand-in-hand with point one. If your kids sense that you feel the need to compete with other parents, they will want to compete with other kids. Once they get to a certain age, your kids will definitely want what their friends have, but if you start talking to them about your budget and how each kid is different when they are younger, you will have an easier time when they get older. There will always be parents who can throw their kids more expensive parties than you can throw your own kids, but that doesn’t mean that their parties will always be better. You can also use other parents to your advantage if you have friends who have specific talents (for example, ask a friend to do a face-painting table at your party or have a family member lead a game.)

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