Welcome to Givin' you the BIZ-ness on parties... I'm Conor B., but all my friends call me Tha Biz. My article sheds a little insight and a guiding light for y'all on how to throw a good party without blowing through your hard-earned nest egg. I've been around the block once or twice, so I can break you off a little cash-consciousness about the ins and outs on how to pull it off.

Parties--the young adult's favorite pastime. Not really a hobby you'd like to list on a job application, but some of us are natural-born partiers (What can I say? I'm a people person!). Not endowed with the talent for throwing parties? No worries. While many people like to party, fewer are actually able to successfully host a house party without spending a bundle.

The first thing a party has to have is people. However, make sure that the people you invite remain people you know. Say you ask a few of your model friends if they can make it on Friday night, but they ask if they can bring a few people.

While this is true for protest rallies and tailgaters, this is not true for a party at your personal pad. This is potential for bad news, such as fights, stolen property, and damage to your priceless domestic treasures. This could also become noisy and end with one very bad thing: law involvement, which can get very costly in a hurry. Try this:

This lets you know exactly how many will be arriving with your friend/acquaintance/dreamweaver, so that you can plan accordingly for space and refreshments.

At your party, you will get introduced to everyone, where you then have the opportunity to make new friends, which is always a good thing. Make sure that your invitees and friends all come together, though, or you'll spend all of your time playing bouncer 'til the wee hours of the morning.

But alas, a party with people and no music is a cardinal sin. If you have a CD burner, you could burn a couple custom CDs, put the changer on repeat and let the good times roll. This alternative is better than sacrificing your own sacred CDs to sticky fingers or unforeseeable acts of nature, like the butterfingered DJ Wannabe in the corner who dropped your prized collection and scratched it while trying to "get up in the mix." Better yet you can rig your PC to the receiver for through-the-house- speakers.