Fiver Parties: the latest birthday trend

ATB Financial

Fiver party

What’s a fiver party?

It’s no different from a traditional birthday party, except instead of bringing toys and other presents to the party, attendees are asked to contribute a $5 bill for a larger gift of the Birthday Boy or Girl’s choosing.
 

Let's meet Nylah

Nylah donating her fiver money to the Calgary Humane Society

Nylah donating her fiver money to the Calgary Humane Society. (Courtesy of Lina, Nylah's mom)


Nylah enjoying a cupcake at her fiver party

Nylah enjoying a cupcake at her fiver party. (Courtesy of Lina, Nylah's mom)


There are several versions of the fiver party out there, including the two toonie party and the five-and-five party. We interviewed a Calgary mom, Lina, who recently hosted a five-and-five party for her daughter, Nylah. She asked each attendee to bring two $5 bills instead of a regular gift—one bill for Nylah’s gift of choice and one to donate to the Calgary Humane Society. It was the first time Lina had hosted this style of party, but she was able to report that it was a huge success.

In the spirit of the fiver party, we have created a list of the top 5 reasons—backed by Lina and Nylah’s experience—that we think you should consider hosting a fiver for your child’s next birthday celebration.



Before you host your own fiver party

We are all for the fiver party, but there are a couple of considerations to keep in mind before sending off your invitations.

Firstly, fiver parties are not effective for children of all ages—specifically for children under the age of five. This is because children aged four and under typically don’t have a solid understanding of money.

Secondly, the wording of the invitation is very important. We find that a good way to mitigate feelings of presumptuousness is by explaining where the money will be going and reassuring attendees that they are not obligated to give money.

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