TLC's new series Outrageous Kids Parties busts open the pinata of over-the-top decadent fetes with price tags hitting the high mark of $32,000. Most people can't make that level of investment yearly, but it's only natural to want to shower your children and stun your friends and family with spectacular celebrations. The key is to plan smart: make your own themed cake pops instead of ordering pricey cupcakes, set a budget for your party favors, and pick a memorable theme. If you're going to spend on favors (and really, who isn't?), consider wrapping them in carefully decorated and personalized bags that can be recycled and cherished by your party guests long after the face paint washes out of their party clothes.