Unless your teen is the independent, responsible, and/or resourceful type, chances are good that you’re going to end up pitching in for prom night expenses, or even paying the tab in full. And this could end up costing you hundreds of dollars between tickets for the dance, a dress or tux, dinner out, a limo for the night, and perhaps a hotel room for the after party, if you happen to be an open-minded and lenient sort of parent. It’s almost as bad as those super sweet 16 parties you see on reality shows! Well, not quite that bad, but for the parent on a tight budget, paying for prom can be a stretch. Luckily, there are plenty of ways you can save money and still deliver the once-in-a-lifetime experience your teen will remember for the rest of his or her life. Here are a few tips and tricks to help you trim expenses.
Split the limo for the night. It doesn’t make sense for your teen to pay for a stretch limo for just him or her and a date. Instead, recommend splitting a large car with several other couples or even a big group if your teen and friends have decided to go as a group anyway. This way all of the parents can pitch in for a portion of the cost, saving each family a ton of dough.
Host a pre-game party at the house. Instead of sending the kids out for a fancy dinner, have them pre-game at your house, along with all their friends, with snacks, finger food, or anything that’s not going to spill on their fancy outfits. If you want to make it even more affordable, make it a potluck and invite the other parents as well. You can all snap pics of the kids and continue your own party once the teens leave for the prom. As for the after party, consider a slumber party in the basement or living room following the prom so there is some parental supervision and you can skip the cost of a hotel room (which teens aren’t really allowed to be in without a parent anyway).
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