to me it seems crazy to throw away that much money on something that will last a few hours and then be gone forever
Normally, I would agree with that which is why i didnt even ask for a sweet 16
BUT, the difference with my bat mitzvah (and a lot of otehr families we know) is that my paretns adn gradnparenst put money away when I was born for my bat mitzvah. The account began with $25,000 and they added to it each year. It got to a littel over $40,000 I think. If we hadnt had that account, we never would have spent so much on the party.