If you haven’t yet heard about the fiver birthday party trend, it could change the way you plan parties from now on—and we bet your guests will love it, too.

The “fiver party” is a simple solution for both attendees and hosts when it comes to the big birthday gift dilemma. Instead of gifts, guests are simply asked to bring five dollars for the birthday kid. With a dozen or more kids in attendance, those “fivers” will quickly add up to a decent sum that can be used toward one big gift.

It’s a win-win for parents and guests, as you’ll eliminate that stack of presents that will barely fit in your overflowing playroom. Plus, guests can save money and skip the hassle of having to shop. The only downside is that young kids might miss the fun and excitement of unwrapping gifts or choosing a special present for their friend. At the end of the day, though, the birthday boy or girl will be able to use the money for something they will truly want and cherish.

If you’d like to throw your own fiver party, make sure you discuss the plan in advance with your kid so they can get excited about what they plan to spend their special birthday money on. And remember, it doesn’t have to be a toy. It can go toward an experience or become a donation to an important charity of the kid’s choosing. Make it clear in the invitation what a “fiver party” means—while it is a growing trend, some parents might not be in the loop.

According to TODAY.com, Amy McCready, author of The Me, Me, Me Epidemic: A Step-by-Step Guide to Raising Capable, Grateful Kids in an Over-Entitled World, suggests wording the invite like this:

“We’re trying to help [NAME] focus on the joy of celebrating this special occasion with his cherished friends rather than on receiving gifts.

To that end, we hope you’ll consider NO GIFTS. For those who feel uncomfortable with that, we ask you consider NO MORE THAN a $5 gift card or cash that he can put towards something special he’s saving for. Thanks for understanding and celebrating with us.”

Hopefully, we’ll see this birthday trend take off even more in 2023.

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