Go to your local dollar store and find a small bear or other animal about the size of a Beanie Baby. Now buy a package of scrunchies and put each one around the bear. These are very cute for birthday party favors or as a gift.
Party favors are popular for children's parties, weddings and anniversaries but the cost can add up. Here are some simple handmade favors made from paper that you probably already have at home.
This page contains birthday goody bag ideas. It doesn't have to cost much to give out a treat bag at a birthday party.