This year, times are a little tough and everyone is trying to stick to a tight budget.  With prom season rolling around, parents are already stressing out about their checkbooks, especially if you have multiple children attending prom.  And this is not even to mention the fact these children may even be attending college within the next year or so!  Time to freak right out!  But never fear, I've come up with some creative ways to help you save a few dollars here and there, while still making sure your little princess looks great at the prom.  Read on for some great prom jewelry ideas for under $10.

Silver and gold bangles are very in style right now and, if you keep an alert eye, don't necessarily have to cost you an arm and a leg.  You can easily find gold and silver-plated bangles for under $10.  The best part about these bracelets, is that they can be worn more than once and won't wind up sitting in your daughter's jewelry box un-used.  They are perfect for every-day wear and can create a put-together look with even the simplest outfits.

Cocktail rings are another great way to spice up your daughter's prom ensemble.  They can be bought in a wide variety of matching shapes, sizes, and colors and shouldn't cost you more than $10.  Of course, if you buy a cocktail ring that is made of sterling silver, it will run a bit more expensive.  If you are spending more than $50 for a sterling silver cocktail ring, you're spending too much.

Chandelier earrings are, apparently, an undying trend.  These earrings have been popular for at least five years now and the fad hasn't dwindled.  This is good news for you, because Chandelier earrings are another accessory, that can be rather inexpensive when you shop smart.  Look for newer designs like teardrop chandelier earrings, or earrings that feature simple crystals on a drop chain.  This look is very popular and elegant, and has been worn by many celebrities, such as Angelina Jolie.

Last but not least, the hottest new trend are bib necklaces, or statement necklaces.  Michelle Obama was recently spotted wearing a statement necklace with her fabulous fuschia pencil dress.  These necklaces feature a mish-mash of metal twigs, pearls, crystals, and every other material you can possibly think of, all interwoven into the same necklace.  This type of necklace would look absolutely smashing with a strapless gown or something that has a very simple neckline.  If you shop big, a necklace like this can cost you well over $200 at stores like J. Crew.  But if you shop smart, you can find a fashion necklace for less than $10!