WATCH: How to cut down expensive birthday party costs

Posted at 11:42 AM, Aug 13, 2013

(CNN) - A child's happiness is priceless, especially on a birthday. But kids' demands and peer pressure from other parents can turn a little party into a budget buster. Here are some tips for curbing costs and teaching children some important lessons.

  • Let children make their own invitations or send them via email
  • Keep food and cake simple, another thing you can do at home, for less.
  • Don't go overboard on party favors. A fun activity can be a takeaway guests make themselves.
  • Choose an affordable venue like a community park
  • Include your child in the party planning

Do you have any birthday party money-saving tips? Share them on the WTVR CBS 6 Facebook page.