This document provides tips for hosting inexpensive parties. It suggests using chip bags as bowls and paper cups with phone holes as speakers. It also recommends splitting food responsibilities among friends to save money and asking guests to bring drinks or desserts. Other tips include hosting later parties to avoid cooking, freezing water balloons as ice, using solo cups to monitor alcohol amounts, making string light cup decorations, setting up a make-your-own sushi bar with affordable ingredients, borrowing utensils from friends, and using an instant camera to engage guests.