New Years Tree! Turn Christmas Tree Into A Fun New Years Eve Party Tree. Take all the ornaments off the Christmas tree & only leave the lights. Add balloons & New Year's party favors. Put money or special wishes in balloons. At midnight let the kids pop the balloons and they get to keep what's inside. Or pop a balloon every hour & do an activity. Site: 'Our Best Bites' contains Recipes, Crafts, and Family Fun Ideas.