How Much Would You Spend?
Parents and kids don't always agree on the budget for teen parties
(MONEY Magazine) – THE SHAWS, LITCHFIELD, CONN.
KAREN & MARC $5,000 "Spending more would be inappropriate, even if you had the money."
BROOKE $500 "Other parties can be huge, but for me it's enough to just be with friends."
THE CORBINS, LAS VEGAS
TARITA $2,000 "If they get it all at 16, what else do they have to look forward to?"
DOMINIQUE $15,000 "I want it to be a big event that everyone remembers years later."
THE HARTS, FLORENCE, S.C.
JULIE $500 "We want her to feel special, but not at the expense of my financial standing."
DANIELLE $4,000 "But if I didn't have things like a band, I could bring it down to about $1,000."
Interviews conducted outside the MTV studios in Times Square, New York City