Penny Wise Parties
I love parties, don’t you? With the holidays coming, my calendar seems to fill up quickly with parties and dinner engagements. You don’t have to spend a lot of money to host a great party – the keys are planning and creativity.
The first and most important step in saving money with a party is in the planning process. I don’t mean just planning the party itself but planning your parties as far ahead as possible. If you like to give parties, it is a good idea to sit down once a year and create a party plan for the year. List all the birthdays, holidays and theme parties you want to host for the next twelve months. Identify tentative dates for each party and a general theme. This will allow you plenty of time to shop when things are on sale and heavily discounted. Then create a budget for each party and stick to it! You are ready to go.
Get creative with some of our Penny Wise Party Tips from the staff here at AFS:
Invitations
- If you have to mail your invites be creative and make your own.
- Send email invitations for free and use a free online party planner.
Gifts
- I love giving homemade gifts like baked goods with recipes attached, starts from houseplants potted nicely in painted pot with ribbons & homemade care tag.
- We keep gift bags neat and recycle them.
- Have friends take pictures with their digital cameras and at the end of the day you can download all the pictures on a computer and give everyone a disk (vs. hiring a professional photographer).
- Frame your family picture and use as your gift or Christmas card.
- For Christmas parties instead of “everyone” buying a gift for “everyone” the group puts their name in a hat and draws one person to buy for.
- For Christmas parties, put a cap on the amount of money each person spends on a gift.
Decorations
- DOLLAR STORE! Decorations galore and they are inexpensive!
- I always check with family members and friends who might have left over birthday party items like invitations, plates, napkins, decorations and games.
Games
- Shop thrift stores for things you can reuse or remake, I have made up some great games with things I found at a thrift store for next to nothing.
- Our family plans scavenger hunts for birthday parties; it keeps the kids busy and they have a great time.
Themes
- The Dollar Store has tons of cheap decorations for theme parties.
- I just went to a “paint party” and everyone helped paint the family’s house and they fed us BBQ’d hotdogs. A lot cheaper and faster to get your house painted!
- Have a work party to get large and expensive home maintenance projects done and feed the guests.
- Have your party at a private residence or park instead of reserving a location for money.
Let the kids create the cake. Frost any flavor of cake and make another batch of frosting in a variety of colors. You can also bake a batch of cupcakes and leave them unfrosted. Get some plastic figures from the Dollar Store. The kids will have a blast and other games may not be necessary. You can let the kids take a hunk of cake home with the figures as favors. - Good music and candles make even a modest meal special.
The staff at AFS leave you with the most important of all – have fun entertaining without going broke. Parties are not about impressing, they are about enjoying.
Posted by: Angelique Knapp on September 12th, 2008 under Personal finance.
Tags: thrifty party ideas


