How to Host a Favorite Things Party: Ideas, Gifts & Fun Tips

Looking for a fun and creative way to celebrate with friends? A Favorite Things Party is the perfect excuse to get together, share your must-have items, and discover new favorites from everyone else! Whether it’s a holiday gathering or a girls’ night, this party theme is all about connection, laughter, and thoughtful gifts.

Just like these Adult Christmas Party Themes, this party is a holiday favorite!

And if you’re looking for more gift ideas, check out this favorite things gift idea list.

A collage image of Favorite Things Party Ideas to make the party cheerful and lively!

What Is a Favorite Things Party?

A Favorite Things Party is a fun gift exchange where each guest brings a few of their favorite items to share with the group.

Think of it as a mix between a gift swap and show-and-tell! Each person chooses a small item they absolutely love—something they use all the time or can’t live without—and brings multiple of the same item to give away.

Here’s how it usually works:

  • Each guest chooses one favorite item, like a cozy candle, a beauty product, or a kitchen gadget.
  • They bring 2–5 of the same item (you can choose the number and set a price limit—usually $5–$20 each).
  • Everyone takes turns sharing what they brought and why it’s their favorite.
  • Guests then draw names or numbers to determine who gets each gift!

By the end, everyone leaves with a few new “favorite things” to try!

A collage image of Favorite Things Party Ideas to make the party cheerful and lively!

This post contains affiliate links. Read my full disclosure.

How to Plan a Favorite Things Party

Planning this type of party is super easy and totally customizable. Here’s how to get started:

1. Choose a Theme or Occasion

You can host a favorite things party for just about anything—girls’ night, Christmas or even a cozy winter get-together. While this is typically a Christmas-themed party, it can be hosted at any time of the year, like Galentine’s Day!
A theme makes it more fun! Try:

  • Self-care favorites
  • Kitchen must-haves
  • Beauty and skincare essentials
  • Holiday favorites

2. Set a Budget

Decide on a spending limit to keep things fair and affordable. Common budgets are:

  • $5 gifts (budget-friendly fun)
  • $10–$15 (perfect for a mix of nice items)
  • $20+ (if you want to splurge a little)

3. Invite Your Guests

Send cute invitations—digital or paper! Be sure to include:

  • The date, time, and location
  • How many of the same gifts to bring
  • The price limit
  • Whether there’s a theme

4. Plan the Food & Drinks

Keep it simple and fun! You can:

First, print these fun Favorite Fun Party Signs.

You could even ask each guest to bring one of their favorite snacks or drinks to share!

5. Exchange & Share

When it’s time for the gift exchange, have everyone explain why they chose their item—it’s always fun to hear why something made their “favorites” list.
Then do a random draw, play a swapping game, or hand them out directly to keep things lively!

Favorite Things Gift Ideas & Examples

Need some inspiration? Here are some crowd-pleasing favorite things that always go over well:

Gift Favorites $10 – $15

Gift Favorites $15 – $20

Gift Favorites $20+

The best part is choosing something you truly love—because chances are, everyone else will love it too!

A collage image of Favorite Things Party Ideas to make the party cheerful and lively!

Invitations & Party Details

You can send digital invitations via Evite, Canva or go old-school with cute printed invites.

Include these details:

  • Date, time, and location
  • How many gifts to bring
  • The price limit
  • Any theme (like “cozy favorites” or “holiday favorites”)
  • RSVP info

If you want to get creative, design invites with a “favorites” checklist theme or include a spot where guests can write a few of their current favorite things to share at the party.

Favorite Things Party Decorations

Decor doesn’t have to be complicated! Stick with a cozy, welcoming vibe that fits your theme.

Decoration Ideas

  • Color palette: Pick soft neutrals, pastels, or classic gold and white for an elegant look. These party signs are perfect!
  • Balloon garland or backdrop: Create a simple photo area with a “My Favorite Things” banner.
  • Table setup: Display gifts on a long table with a sign “Our Favorite Things” so guests can admire all the items before the exchange.
  • Candles, fairy lights, or string lights: Add a warm, twinkly glow.
  • Flowers or greenery: Small vases or faux stems create a beautiful centerpiece.

If you’re hosting around the holidays, add festive touches like ornaments, twinkle lights, or a hot cocoa bar!

A collage image of Favorite Things Party Ideas to make the party cheerful and lively!

Favorite Things Party FAQs

Q: How many people should I invite?
A: 6–10 guests is ideal—it’s enough for variety without the exchange getting too long.

Q: How do you handle the gift exchange?
A: There are a few ways to do it:

When each guest arrives, have them write their name on two slips of paper and place them in a bowl. If each person brought two gifts, then there would be two complete rounds. Place all wrapped gifts on a table and have each person tell why they brought their favorite thing.

Have each person draw a number, and in numerical order, gifts are selected. Then do the same for round two. Each person keeps the gifts they selected, without exchanging or stealing.

Second Favorite Things Party Rules Option

If you’re doing a Dirty Santa–style exchange with a large group, have everyone bring their gifts already wrapped. Guests draw numbers to determine the order, then take turns picking a present or swiping one from someone else. After a gift is opened, the person who brought it explains why it’s one of their favorites.

The exact rules can differ, but most versions allow each gift to be stolen only twice, and you can’t grab back a gift right after it’s taken from you. The person who opened the very first present usually gets the final chance to steal before all gifts are finalized.

This can be a lot of fun and prolong the party’s exchange part!

Third Favorite Things Party Rules Option

For a small party group of five or less: have each guest bring a gift for each person at a $5 or $10 price point, and gift each person a “favorite thing!”

Q: Should gifts be wrapped or unwrapped?
A: Either works! Wrapped gifts are more of a surprise, while unwrapped ones make it easy for everyone to see all the goodies.

Q: Can you host a virtual favorite things party?
A: Absolutely! For anyone who can’t attend in person, have them mail their gifts ahead of time and meet on Zoom for the “reveal” portion.

Favorite Things Party Ideas

Have a party where everyone shares their favorite things. These ideas show fun gifts, drinks, and treats that guests will enjoy and remember.

Final Thoughts

A Favorite Things Party is the perfect way to celebrate friendship, laughter, and thoughtful little treasures. Whether you’re hosting during the holidays or just want an excuse to gather with friends, it’s easy to plan, full of personal touches, and guaranteed to make everyone smile.

So grab your favorite things, a cute invitation, and a few decorations—then get ready for one of the most fun (and gift-filled) parties of the year!

creative 1
Susan B

Susan B

Hi, I’m Susan! Thanks for stopping by Oh My! Creative. I like to have fun, make fun things…you know, create stuff! I love DIY, decorating and design and like any girl…shopping and lunch!
Susan B
Susan B

Latest posts by Susan B (see all)

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.