6 Genius Money-Saving Tips for the Holiday Hostess!
The holidays are fast approaching, which means gifts, parties, extravagant meals, and a New Year’s resolution to stop spending so much money, ironically inspired by the remains of your bank account after all of the gifts, parties, and extravagant meals. The holidays are costly, but it’s absolutely possible to entertain without breaking the bank. These are 6 money-saving tips for the frugal holiday hostess!
Budget by Dish
Everyone knows that the first step to saving is budgeting, but how you budget makes all the difference! This year, plan your spending by the person. Think of it this way: if you were taking your guests out for a holiday dinner, how much would you willingly spend on each for drinks, dinner, and dessert? Would the kids get the same pricey dishes as the adults?
Instead of planning the budget for one grand buffet that you assume will be just enough, determine the cost of each guest and plan accordingly.
Once you’ve set your budget, make a list of all the food, drinks, and ingredients you’ll need for your party and take it with you the next time you take a routine trip to the market. Jot down the prices for every item on your list and add it up when you get home (don’t forget tax) to make sure you’re not going to exceed your budget.
If you find that your budget will be exceeded, make some cutbacks, choose cheaper brands, or use the next money-saving tips below!