Throwing a party can be an expensive affair, especially if your friends want you to throw a party which is quite out of your budget. However, with a little tact, you can plan a party that is well within your budget and equally entertaining. Cutting costs and involving everybody in planning your party is the best way of making it a success. It's not necessary to have a fancy celebration with expensive food and branded drinks to share your joys with people. Take some time to plan it, the not-so-expensive way. You can plan a great party for yourself and your guests, even when on a small budget. Take a look at the inexpensive party ideas given here and pick the ones you like. The good old-fashioned potluck party has never lost its charm. Bring together all your friends and assign one dish to each person. If a person cannot cook, then ask him to help out in arranging for the party. You can decide a culinary theme or go with the random surprises that people might get in. However, make sure that the courses of the meal are delegated well, or you might end up with too much of one thing. For instance, for a potluck party you will need to have a starter, drinks (cocktails or mocktails), a main course, and a dessert. Assign each of these, while you take up one, so that your food is well-managed at the party. To all you girls who want to party at the fag end of the month, here's an idea. Go clubbing on a ladies' night, when the entry is free and drinks are on the house. To make it a memorable night, go on pub crawl or a disc crawl and make the most of this privilege! This is a good way of saving money and partying wild! If everyone wants to have a party, then everyone's got to chip in a little. Asking people to contribute is the hardest part. However, if you add a little bit of humor to your message, you can expect the contributions to flow in. For example, if you want to host a party of friends at office then pass around an empty mason jar to collect money with a message saying, "collecting the tip for the party before it ends". Such cute antics to get a little contribution for your party will help you raise the required amount. The biggest expense of any party is the booze. To cut down on expenses, make your party a BYOB party, which means 'bring your own booze'. Such parties not only reduce expenses, but also add to the variety of liquor being served. Also, each person gets to enjoy a drink of their choice. No one is too old for the magical falling confetti, dreamy glittering stars and those nostalgic balloons. Instead of spending a fortune on such decorations, make them at home. So, bring out all your art and craft material and get to work! A smart way of saving on the materials is to reuse and recycle things lying at home. For example, you can make decorative flowers out of paper plates, balloons can be turned into centerpieces, strings of lights and lanterns can add to the twinkle of your ambiance and you can convert those extra tissue papers into interesting pieces of art. Instead of hosting a party somewhere outside, invite your friends over. Hosting a party at home is any day cheaper than a dinner at a restaurant. Take the party to your garden to enjoy an evening out where you can set up a makeshift grill or a barbeque. Invite only those who you would like to have at your party. You can easily manage the headcount by making the event a strict RSVP. Send out invites via messages on Facebook and phone. Only those who reply get to attend the party! When it's party time after work, all guys like to take their blazers off and girls let their hair down to have some fun. You can have a perfect party with the most inexpensive items. So, find some great inexpensive party ideas for you and your friends to maximize the fun at your budget party. Those were some great yet inexpensive party ideas which require very less funding but can be a blast. You can use your creativity to make your party even more fun with minimum expenditure and have maximum fun.