Holiday Parties on a Budget - Cincinnati News, FOX19-WXIX TV

Holiday Parties on a Budget

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By: Moneytips

You want to throw a holiday party but simply cannot afford to spend big bucks in the process. The holidays are full of expenses already without dropping hundreds or even thousands of dollars on festivities. Fortunately, there are plenty of ways to cut down on holiday party costs and still create a great atmosphere. Consider these suggestions to help you party on a budget.

  • Invitations – Keep the invitations as simple as the circumstances will allow. What is appropriate depends on whom you are inviting. If you are throwing an informal party, make your own simple and whimsical paper invitations, or simply save on paper and postage and go completely paperless. If appropriate, consider invitations via e-mail or social media.

If paper invitations are a must, consider alternatives such as a postcard that costs less to mail. At the very least, look for sales and clearances on fancier stationery.

  • Food/Drinks – Potluck is the simplest way to keep down costs. Let everybody chip in on the food and drink bill by bringing his or her own dish. You need a signup method or way to assign dishes so you don't end up with 47 bowls of guacamole and no chips. A signup also allows you to supply whatever is missing instead of providing backup for every contingency.

If potluck is not appropriate for the occasion, there is no need to go overboard. There are plenty of online resources to help you create your own relatively inexpensive appetizers without having to pay for expensive party trays or catering services. Keep a relatively minimal selection of soft drinks or alcoholic beverages; do not try to fit everybody's taste.

Themes can help to narrow the offerings naturally. Going for an island theme? Stick with tropical drinks. Keep plenty of water and non-alcoholic punch or juices on hand for younger guests and designated drivers.

  • Decorations – 

Read more on Moneytips.com.

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