Parents Spend $450 On Their Kids Birthday Parties?
Apparently birthday parties have changed up since I was a kid. I don't remember anything but soda, pizza and cake.
A new study found the average parents today spend $450 on each birthday party for each one of their kids, every single year. That's not including $250 on presents.The most expensive thing is the entertainment, food, decorations, and the party favors.
71% of parents say they're planning to cut costs for the next round of birthdays, but a majority of them say they're pretty sure they won't be able to.
A big reason for spending all that is to show off. 81% of parents say they want to make sure their kid's party is better than all the other kids' parties.