I love making fun stuff for cheap for kids to do. These are both games that can be played inside on a rainy day, outside enjoying some sun or for kids birthday parties. Plus you can have any age group play with the first one from toddlers to mommies and daddies. Anyway you look at it they are going to have a ton of fun. Me and a friend made these for our MOPS group for the MOPPETS program. If you don't know about MOPS it is a Christian based group for Mothers of Preschoolers. (really age 0-5) it is amazing. here is a link to the MOPS site so you can get more information on it.
I got buckets from the dollar store and H is trying to toss a bean bag in it. You can make this game a lot cheaper by using large aluminum coffee cans. and you don't have to use a bean bag you could use a ball, a pair of socks as your folding laundry, a small stuffed animal anything really. We have the buckets numbered so that way when she makes the bean bag in the bucket she can tell me the number she made it in to help with number recognition.
This is just a simple ring toss from paper plates and a wrapping paper roll left over from Christmas wrapping paper. just take the paper plates and cut the center out and paint them different colors for fun. Then stack a couple plates to make sturdy and glue together for base. take the wrapping paper tub and cut slots at bottom to flip out and glue down. and the game is ready to begin. This is a little challenging for the toddlers to get the motion of the frisbee but not impossible.