No matter the time of year, holiday parties are a wonderful way to bring people together, celebrate traditions, and create lasting memories. But they can also be expensive. The good news is that you ’don’t have to sacrifice fun or quality to throw an amazing holiday party without breaking the bank. There are plenty of creative and cost-effective ways to celebrate. In this article, we’ll share practical tips for saving money on food and entertainment so that your holiday parties will be both memorable and affordable.

  • Plan a Potluck
    Potlucks not only help you save on food expenses but also let everyone share their favorite dishes. It’s a fun way to explore new cuisines, celebrate cultural traditions through food, or even host themed nights centered around specific ingredients or types of dishes. For theme ideas, encourage guests to bring a holiday classic, such as a casserole, pie, or a dish that has a personal family tradition.
  • BYOB (Bring Your Own Beverage)
    Encourage guests to bring their favorite drinks that fit the season and the occasion. It could be a bottle of wine, craft beer, or a nonalcoholic option. This is a fun and affordable way to explore new flavors from different regions or discover popular nonalcoholic alternatives.
  • Shop Weekly Sales Ads
    Taking advantage of weekly sales ads can help you plan your menu around discounted items, making your party more budget-friendly. Look for opportunities to save by hunting for online coupons or taking advantage of double-coupon days at your local grocery store.
  • Holiday-Themed Games
    Depending on the occasion, it’s easy to organize classic games like charades or a trivia game based on holiday traditions, movies, and songs. In warmer weather, plan outdoor games like cornhole, sack races, or a water balloon toss that can be enjoyed by both kids and adults.
  • Rent (or Borrow) a Karaoke Machine
    Depending on the size of the machine and other variables (number of microphones, song selections, etc.), expect to pay between $100 and $200 for the day. If you want to save money, you can forgo the machine altogether and check out free karaoke apps for your phone, tablet, or laptop.

Make the most of your savings! Contact our financial team to set up a high-yield savings account.