6 Ideas to Throw a Great New Year’s Party on a Budget

The end of the holiday season is often New Year's Eve. During this time, money is sometimes short but the wish to celebrate is still high. The good news is that you don't have to spend a fortune to throw a great party.

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Follow these 6 ideas to throw a great New Year’s party on a budget:

1. Plan in Advance Waiting to the last minute often leaves you at the mercy of having to buy decorations and food items that are near where you live. This eliminates the chance of finding bargains. Plan in advance so you can find the best sales before they’re gone.

2. Frugal Food Instead of opting for a sit-down dinner, plan on a buffet of finger foods and snacks. Meat and cheese trays will be well-received. A second option might be to throw a potluck dinner and have everyone bring something to contribute.

3. Keep Alcohol Simple Rather than trying to please everyone's alcohol preference, provide a couple of choices and let people know they are welcome to bring their own bottles if they prefer something different.

4. Don't Overdo It Chances are you have seen your closest friends and relatives over the past few weeks. Keep your guest list at a manageable size by only inviting the people you most want to spend time with on this night.

5. Save up All Year If you know you’re planning on throwing a party for the New Year, set a bit of money aside each month to go towards expenses. As the date nears, you will have an idea of what you have to work with and won't be stuck adding even more debt to the season's spending.

6. Recycle/Repurpose/Reuse Things like lights, streamers, leftover balloons, and even paper plates and plastic silverware can be used for your party. You don't need to have elaborate decor with specialized color schemes to have an enjoyable evening. Concentrate on the company and nobody will give a second thought about your decorations.

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