Learn how to make choices
Your child is already capable of taking part in some decisions. With your help, he or she can choose from possible activities and see how these selections can affect the amount needed to hold the party. Making and refining choices will help your
child learn.
Let your child help choose:
- Where to hold the party: Celebrate at home—or in a public place like a park, restaurant, museum, etc.?
- The number of guests: You'll need to consider your budget, the party venue and how much space is available.
Tip: Let your child's age determine the number of guests: 6 years old = 6 guests
- The length of the party and type of food served: Have some friends over for a few hours—or hold a sleepover?
- The decorations and the cake: Make the them yourself—or buy them?
- Favours: Should guests receive gifts too, or not?
Balancing budget and wants
For kids ages 6 or 7, the word “party” is synonymous with fun and treats. So don't start your conversation about party plans with a discussion of money. Ideally you will determine a budget for the party first, and share it with your
child later.
You, as the parent, are the one who'll need to determine when the time is right to introduce the concept of “budget” to your child. At this age, children can start to grasp what works within an established budget and what is too
much.
Participate in the prep
By being involved in the preparations, your child will become aware of how much time goes into planning an event. Making kids responsible for some of the party arrangements is an excellent way to develop their autonomy and help them formulate
concepts about money.
Let everyone shine
Giving older kids a role to play will help them shine too, especially when there are other siblings or friends from several age groups taking part in the festivities.
A day of group activities is ideal for promoting cooperative values like supporting others, developing a sense of responsibility, fairness, etc.