People host personal parties at their own expense primarily for socializing and enjoyment. While special occasions like birthdays are obvious reasons for parties, many individuals throw gatherings simply for the sake of having fun and connecting with friends. The discussion highlights that parties often involve shared contributions, such as guests bringing drinks or food, which mitigates costs. The motivations for hosting can vary, from the desire to meet new people to creating memorable experiences. Some participants express a preference for more intimate gatherings, like dinner parties, where the focus is on conversation and quality time. The conversation also touches on the trend of themed parties, particularly costume parties, suggesting they may stem from childhood traditions and reflect a more organized approach to social events, often led by women. Overall, personal parties serve as a means of fostering community and enjoyment in a casual setting.