Set the amount of money to spend on the event. This will make it easier for you to budget for the celebration, while staying within your means. Having a budget will give you the financial limits which you should not exceed. This will help you not have much regret later on for spending too much money, once the party is over.
Carefully consider where the event will be held. Go for venues which you can use for free or venues which you can hire for relatively inexpensive prices. If you or one of your friends or relatives has a large front yard or backyard, consider using it. You can also use your house, if it is large enough to accommodate the number of people you have invited. You can also take advantage of any public parks that you have access to and use them free of charge.
Another important area to look into is the cost of food and drinks. Come up with a cheap but filling menu that your guests will enjoy. Another option to consider is having a potluck and asking each guest to bring some food. This will spare you the hassle of having to cook, plus it will ensure that there are a variety of meals available. Also consider baking your own cake if you are good at baking, instead of buying a cake. The cake does not have to be complicated. You can then have your kids decorate it for fun.
Limit the number of people you invite. The bigger your guest list, the more money you will have to spend. Consider only inviting close friends and family members. You can also skip giving out goodie bags, as this will add onto the cost of your expenses. Alternatively, find something inexpensive but nice to give to them.
Decorate the place using inexpensive decor items. This includes the use of balloons. Balloons are cheap but they can really change the ambiance of a room or venue. Another good idea is to handle the decoration of the venue on your own, with help from your kids and friends.
No need to send out printed invitations, instead use digital invitations. This includes sending out invitations through emails or through text messages. If you want to use paper invites, it may be better to make your own invites instead of using store bought ones.
To make the celebration fun, plan to have some music and games. This will help you cut down on the cost of entertainment. Make the games suitable for the kind of crowd that you have invited. Vary the types of games played so that everyone can enjoy themselves.