Five ways to save on Christmas entertaining

It’s crazy to think that our December calendar is already beginning to fill up. There don’t seem to be enough days in the month to attend each program, host fun gatherings with friends and family, and of course squeeze in a party or two with colleagues from work.

Christmas, a season packed with unexpected expenses and unanticipated extras can kill even the tightest of budgets. Luckily these tried and true money-saving strategies ensure seniors on fixed income can entertain during a merry and bright season while keeping their checking account the color of Santa’s boots instead of his suit. A bonus is that these party planning tips work any time of the year. So no matter what sort of soiree someone is hosting it’s easy to feel overwhelmed with the planning, especially around the holidays and these tips can help everyone focus on what matters; friends, family, and the joy of the season.

Take inventory. Make a list of specific party needs, but don’t forget to use items already on hand. First take stock of what is at home (even if it isn’t exactly Christmas-themed) to avoid re-purchasing things like paper products, snacks, or decorations.

Make it a potluck. Food is a highlight of the holiday season; it’s also something with a big price tag. So bring your guests together and encourage those invited to bring their favorite appetizer, entrée, dessert, or even drinks. That way everyone can share their holiday recipes with the group. Create a meal sign-up ahead of time to avoid multiples of the same dish.

Snag some deals. Whether the host or hostess is shopping for food or decorations, they should skip the specialty party items in grocery stores. Head straight to the local discount store and use generic brands to save on party supplies and basic cooking ingredients. Save by shopping sales early for pantry items and taking advantage of post-holiday sales to stock up on decorative items for next year’s events.

Set up a hot cocoa bar. A fully stocked bar can get expensive, so substitute alcohol with a hot cocoa bar. Let your guests top their drinks with marshmallows, candy, canes, whipped cream, and sprinkles. It will be fun, just seeing everyone’s concoctions.

Give your guests gift guidance. If the plan includes exchanging gifts, set a price limit. Organize a Secret Santa or a white elephant exchange before the party so that each person only buys one gift. It will allow everyone to give and receive fun gifts that fit into their holiday budgets.

Once a party planner starts cutting corners on costs, they will probably find even more ways to save money on their Christmas party this year. ‘Tis the season to be jolly, so spread some cheer and host a party everyone will always remember.