6 Ways to Save Money on Your New Year’s Eve Party

For most people, the end of a joyous holiday season means a New Year’s eve party. If you are like a lot of folks, this usually means doing one on a budget as well since this time of year tends to drain wallets. You can throw a great New Year’s eve bash on a budget with these tips below!

6 Ways to Save Money on Your New Year’s Eve Party

 

Create a budget for your party. Most people just think, “I need to do this on the cheap” when it comes to throwing any kind of party. They don’t consider that part of doing that is creating a budget and sticking to it. If you already know how much you are planning to spend, it forces you to cut corners and get creative to save money.

Keep decorations simple. The one great thing about New Year’s eve parties is you can keep them very simple as far as decoration goes. After all the bright colors and lights of the Christmas season, many party goers might welcome this change. Stick with a simple color scheme such as black and white or navy blue and silver. You can usually get some great cheap decorations such as solid colored table cloths, serving trays and even some string lights at great discount now that Christmas is over, too.

Choose a theme that will double as decorations or entertainment. For instance, if you do an 80’s or 90’s themed party, people show up dressed this way, other guests enjoy checking out everyone’s attire and you can create fun, low cost entertainment ideas from it such as the kind of music you will play.

Skip the dinner party. While this is very fun, it can easily become too expensive very quickly, especially if you plan on inviting more than 3 people. Instead of the all evening affair, why not just do an after dinner time party? You could invite guests over in the later part of the evening and only serve appetizers. Stick with simple ones that require very few ingredients or better yet, use up leftovers from other parties.

Don’t break out the champagne until just before midnight. It can get quite expensive to serve champagne all evening and that will leave you running to buy cases of it. Instead, just serve some bubbly about 1/2 hour before the big countdown. If you think your guests might balk at this, simply say the party is BYOB (bring your own booze/beer) with champagne provided at midnight for toasting. You could also throw a non-alcoholic party and skip that expense all-together.

Provide low-cost entertainment. Sure, it’s fun to just socialize, but for New Year’s many people want it to be exciting and entertaining. Think of ways to use what you already have at home of can borrow. Some low-cost entertainment ideas include a homemade photo booth with a sheet backdrop and homemade props, a sing-along, playing group video or board games and even build snowmen if you happen to live in an area where you can.

 

Are you throwing a New Year’s Eve bash on a budget this year? Let me know how you plan to save a few bucks on it in the comments!