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Itchy's guide to... the budget blowout

That's so money. Forget the Grey Goose and Havana Club, slinky party frocks and dirty weekends in Antigua. Times are tight. With world markets crashing and your bank account teetering in the red, the only reasonable thing to do is to throw a blowout party... on a budget.

bank piggybank money

Costumes: There'll be no splurging on a new outfit from the high street. We say come in your shabbiest suit. Then roll up your sleeves and loosen that tie because pretty soon every day's going to be Dress-down Friday. Ladies can let down their hair and hike up their dresses.

The décor: It's best to hold this in your flat, at least 'til British Gas cut your power off. Or be economical about that electricity bill and use candles. Buy a few local papers and tape up the classified ads all over the walls. As you and your mates dance the night away, you can look for new jobs.

Food and drink: No budget for catering? Try a potluck dinner. Ask your mates to whip up a dish from whatever they find lingering in their kitchen cupboards. Pasta, beans and a frozen bag of peas the only ingredients they can find? Perfect.

Drinks are the easiest part of the party. Pool the mysterious bottles of souvenir firewater that everyone keeps hidden under the sink, supplement it with the cheapest rotgut money can buy, and try not to think about the hangover.

Games: You might be brassick, but there's nothing like a little makebelieve. Dust off your Monopoly board and just feel richer holding purple bills in your sticky mitts. Every time you pass Go, instead of taking £200, take a slug of the cheap booze you've bought.

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