Throw A Magical Bash

You can host a Harry Potter bash with robes and wands provided for your guests and cauldrons of candy. Consider hiring an acting cast to dress as instructors and wizards, so you can truly capture the feel of witchcraft and wizardry. Also plan to splurge on lots of wizardly accessories and decorations to transform your home into a realistic setting. To find actors who might be willing to help you with this goal, you can search online or check with local theater groups.

The cost for such an all-out event can run about $5,000, according to one parent who is such a Harry Potter fan that she even hired a medium to go into a trance and had a monster scare guests.

Host A Private Screening

You can turn your backyard into your own drive-in theater with a 40 foot by 60 foot outdoor movie screen advertised on Bornrich that you can buy and use for numerous occasions. Invite a group of friends to watch your child’s favorite movie.

The screen sells for $10,000 through, plus you’ll probably want to budget another thousand or two to cover a projector, movie, snacks and seats. (You may also be able to rent something similar at area party rental stores.)

The FAO Schwarz Fantasy Sleepover

If you can afford to indulge your child’s deepest wish, you just may find yourself writing a large check to FAO Schwarz, the luxury toy seller that has locations in New York City, Las Vegas and Chicago. Parents can “rent” the decadent setting for one night to pamper their child and a handful of lucky guests with access to unlimited toys, games, candy and entertainment. The attendees also each receive a $100 gift card to spend before they leave the next morning. To find out more about FAO Schwarz parties, you can call or visit the New York store or check out the 2007 holiday gift catalogue.

The price for this dream slumber party starts at $25,000 and night book up quickly, so parents should reserve their date well in advance.