Preschooler Birthday Budgeting: How to Have a Blast without Blowing Your Budget

My son’s third birthday may have been more of a milestone for me, his mother, than it was for him. It was the first year that he expressed a preference for a specific theme and the first year he wanted to invite all of his preschool friends. We had to budget carefully in order to have a party that included everyone. To do that, we identified ways to cut down on the biggest expenses. In the process, I learned a lot about what makes a party special for a three-year-old boy.

Here are the major birthday party expenses and suggestions for saving money in each category without sacrificing the things that make the party special.

Location

 If you’re willing to invite your child’s entire preschool classroom, then you’re probably interested in renting out a playspace. Of all the playspaces we called, our local YMCA’s gymnastics facility was the least expensive. It’s where they hold gymnastics classes for kids ages 18 months through high school, and rent out the facility on the side.

It was a hit. There weren’t any planned activities during the hour, and the kids loved being able to cut loose. They ran back and forth on the trampoline, jumped in the foam pit, and crawled around an obstacle course.

If you have a local YMCA or other non-profit recreational spaces, poke around to see if they have any birthday rental spaces. If the party is in a warm season, you could have the party for free at a local playground.

Cake

 I continue to be shocked at the prices parents pay for cool birthday cakes. I know that significant time, effort, and skill goes in to creating an awesome cake, so the price is justified. But whenever I’m faced with the opportunity to buy that kind of cake, I always balk. I’ve never been able to bring myself to pay that much for something that’s going to get eaten by kids that don’t know the difference between a cake made by Julia Child or Betty Crocker.

I decided to make the cake myself, which was a good idea because it saved me at least $30. Going on Pinterest for inspiration, however, was a bad idea.

birthday party diy

A few of the my inspiration photos: cupcakes of different trains, tracks around the cake, Thomas cookies, and a “Snack Train.”

It was also a bad idea to try to decorate the cake on the day of the party. Silly me, I didn’t realize that (a) you can freeze cake and (b) you can decorate cake up to a few days in advance. I learned, at the last minute, that I didn’t even have the skills to write “Happy Birthday” on the cake without messing it up three times. Trust me when I tell you that one hour before the party is a terrible time to decorate a cake. Do it the night before. Better yet, you should bake the cake the weekend before, wrap it tightly in plastic, and freeze it.

Actual Thomas Party

Keep in mind whose birthday you’re celebrating. Your preschooler will be psyched to eat cake. Period. The fact that it has his or her name on it is the cherry on top. As I was attempting to ice a Pinterest-worthy cake and failing, my son was starting at the cake with wide eyes full of delight and anticipation. He was just happy to have cake.

Although initially this was to save money, it was a bonus that his nut-free friends could enjoy the same cake that everyone else would (it can be hard to find a nut-free bakery).

Decor

 Pinterest was also crawling with fabulously creative DIY décor. As much as I love to get creative and DIY, I was working full time and didn’t have the time. I also didn’t find any DIY ideas that would save us any money when I could pay just $20 for Thomas-themed tablecloths, treat bags, and a big Thomas image for the wall.

They were not Pinterest-worthy. They were cheesy and cheap. And awesome for three-year-olds. My son and his friends’ faces lit up as they gleefully discovered their favorite trains on the tablecloth and they exclaimed over how big Thomas was in the picture hanging on the wall. No one cared that the plates and napkins were the “value pack” red and did not have Thomas characters on them.

Party Favors

I hate waste, so I decorated the room with the favor bags and tied them up with balloon. So, the décor became the party favors and we didn’t have to live with 30 balloons in our home over the next month. My son’s birthday is after Valentine’s Day, so I was able to snag some of the low-cost items sold in high-volume packages for Valentine’s Day, like bubbles, play doh canisters, and Thomas stickers. 

In one of my crowning achievements as a couponer, I used coupons during a sale on Thomas fruit snacks, and got them for $0.40 a box. I cut the images off of the nine boxes of fruit snacks and used them for centerpieces. Cheesy? Yes. Toddler-smile-inducing? You bet. I even spotted some kids playing with the cutouts, which made my heart happy.

What made my heart the happiest of all: My son and his friend’s delight at seeing the tablecloth trains? One little guest’s surprise at seeing a Thomas picture twice his size? The pride in my son’s eyes when he was presented with a cake and a candle to blow out? Nope. It was the sound I heard right before I walked from the party room to the gym. If I could bottle it, I would. Squeals, giggles, laughter, and shrieking (the good kind) as 20 preschoolers jumped into a pit of foam blocks, bounced on a trampoline, climbed over mats, and slid down slides.

 

None of that had anything to do with the cake, the decor, or the party favors. It was unadulterated fun. Well, I did see one or two adults in the foam pit.

 

Rebecca blogs over at Stapler Confessions about her journey digging out of $200,000 in student loan debt by living frugally and snagging free batteries at Staples. She also shares and tweets about great deals that help people live a frugal life. Join in on the fun!

pint

Image Credits:

Snacks (Create-Celebrate-Explore)
Cake (Sugar Babies)
Cookies (Sweet Dreams Bakeshop)

 

Financial Roundup: Birthday Edition

I am officially a quarter of a century old, according to my birth certificate. This week I celebrated a birthday. I had a great day; I took the day off from work, relaxed with a friend, did some wedding crafts, and went for dinner with my fiance. I rounded the day off by having a couple of drinks with my brother and fiance and talking to my family on the phone.

I have had a bit of a crazy week with a loved one in the hospital, so I didn’t get the opportunity to set up Wednesday’s post. Now that we have a long weekend in Canada, I have the chance to catch up a bit and review emails and schedule posts for the upcoming week.

I’ve also had the chance to read some of the posts that have been accumulating in my RSS feed. Here are some of my favorites for the past couple of weeks:

Trent from the Simple Dollar posted about avoiding the comfort zone. I have been thinking about the dreaded comfort zone for quite a while now, with my career, so it hit home.

Along the same lines, at Money Rebound there was a recent post about how it’s never too late to change your career. I’m not so sure about the concept, but it’s a good read.

My friends at Richmond Savers took a closer look at how much money you need to retire.

The team over at Untemplater gives us the secret to never being disappointed again.

Over at Bloggerpreneurship, we get a handful of very real reasons why you aren’t making any money from your blog.

At Impersonal Finance, Ryan writes about the magic of compound interest – and it really is magic.

At Average Joe Money, there’s discussion about the Olympics, and working/training hard for what you are doing.

 

There you have it, folks. My favorite posts for this week!

 

Where to Spend your Renovation Dollars

Although selling your home may not be in your immediate future, you should still be keeping up with needed renovations, simply because a surprise opportunity to sell may come up.

In addition to that, the enjoyment related to a newly renovated space is undoubtedly important, as well.  It is essential to plan these renovations with the potential for return on investment.

The following home improvement projects will be worth every dollar, especially when it comes to returning on your investment when it comes time to sell.

Glam Up your Kitchen

According to Comfree, the kitchen is an ideal place to invest if you want to be certain that you will make your money back.  An updated, functional kitchen can substantially increase the value of your home.

Families and homeowners spend a large portion of their time in the kitchen, preparing and enjoying meals with loved ones. Invest in a quality kitchen that both you and the future owners will adore.

The best places to focus your efforts on are countertops and cabinets.  Future buyers will expect a neat kitchen with quality embellishments. It’s also important to keep your appliances up to date, both for the overall look and feel of the kitchen, but it will also cut down on repair costs in the future. If you’re planning an out of state or country move, quality appliances that you need to leave behind could potentially draw in buyers, as well.

Add Elegant Features to your Bathroom

Carl Vogel of This Old House says that if you’re not investing in your kitchen, the bathroom is the next most valuable area of your house to renovate. Bathrooms are a space meant for relaxation and comfort, making them an integral component of a desirable home.

The master bathroom, in particular, is a huge selling point when renovated the right way.

When choosing which projects to take on, consider installing a large soaking tub and attractive tile work. These features create an area where potential buyers can envision themselves unwinding after a long day.

Potential homebuyers may also test the water pressure in a shower, so if you have low water pressure, add a new shower head to compensate. This is a cheap and easy fix that could seal the deal in a future sale. Bathrooms are never a bad place to invest your money when you are renovating your home.

Maximize your Space

If you have an extra space, whether it be an area or a whole room, that does not quite have a specific purpose, give it one.

Decide on the kind of space that would most benefit your current needs, and take that route.The new room will likely be one that would be appreciated by a potential buyer.

If you work from home or need a space dedicated to paperwork, bills, and important documents, a home office is a functional space to create.  If you have young children, an extra playroom may be an invaluable addition.  Give your space purpose to both meet your current needs and expose your home’s functionality to future prospective buyers.

Home renovations should be done to increase the comfort and functionality of your home. However, it does not hurt to keep your future return on investment in mind, in the process.  These popular areas for home improvement are some of the ways that you can invest in your home and expect it to add considerable value.  Keep them in mind as you plan your next exciting home project.

 

Author Bio: Roger Wright is an award-winning Broker at Coldwell Banker, specializing in investment properties. Reach out to him at (800) 756-3660 for any questions, especially about relocation, development and real estate licenses and transactions.