Would you spend $20k on your teen's birthday?

We all know that children’s birthday parties have been getting bigger and bigger. But there is one particular celebration teen’s enjoy around the world that still wins out for it’s pure extravagance.

Turning 15 for a young Latina is a big deal. The milestone is celebrated with a quinceañera – and many Latino families go all out.

“The quinceañera is a celebration that is symbolic of the transition of a girl from childhood to womanhood,” the director of Quinceañera magazine, Norma Capitanachi, tells Yahoo.

It’s such an important celebration that some Latino families start party planning a year in advance, and save up for the lavish event from the moment their daughters are born. When it comes to a quinceañera, the only rule is: Spare no expense.

Just how big does this party budget get? Some fiestas are done at home for a budget of $3,000 to $5,500, but according to Norma, a dream quince can run anywhere from $5,500 to $20,000.

Since quinceañeras can be as expensive, elaborate, and stressful as a wedding, Norma and Quinceañera magazine launched the Quinceañera Expo, a one-stop shopping experience designed to help you plan the big day.

The expos take place in 18 cities across the United States. From Los Angeles to Chicago, future quinceañeras and their families can get up close and personal with more than 80 vendors.

The highlight of the event, though, is the fashion show – because it’s not a quince until you find that perfect dress!

Thirty models show off the latest designs to an audience eager to check out all the hottest quinceañera trends.

“The girls want to feel like a princess,” Norma says. “In Latino culture, the look is very important, and everyone looks the best they can for this kind of celebration.”

Not even the royal family could keep up with these one-of-a-kind ball gowns.

When it comes to a quinceañera dress, bigger is truly better.

A gown can cost anywhere from $400 to $3,000, with some going as high as $7,000. Along with the tradition of a princess dress, many celebrations include a tiara ceremony, where mum and dad place the dazzling headpiece on their daughter as if she were royalty.

Another popular tradition is the “changing of the shoes,” where the quinceañera switches from flat footwear to high heels, symbolising the transition from girlhood to womanhood.

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