Most of the time a home based New Year’s Eve party is a cheaper option then going out for the night. Here in New York, most New Years’ Eve packages are over $150 per person! So if your resolution is to start cutting back, here are some tips to help you throw a rockin’ New Years’ Eve bash on little cash!
Food - New Years Eve is typically a late night party, which gets you out of the hassle of providing everyone with dinner. Host your party in the late evening and serve appetizers. If you are hosting a large party, consider going to a wholesale club (if you don’t have a membership go with a friend who does) to buy your appetizers in bulk. Many stores sell party packs with varieties. It will certainly save you time from having to go through the hassle of cooking yourself and also buying in bulk could save you some $$. Dips with sides of chips, vegetables or crackers is also a safe bet and all can be made on the cheap!
BYOB - One of the priciest parts of a New Years party is the booze. To avoid this you can either host a dry party (which may be the safer option if your guests are all driving home) or have your guests bring their own drinks. Many guests will already bring a bottle of wine or champagne as a gift for the host of the party, request that they bring their own drinks instead. Not only will your guests be happier with the liquor choices but your bank won’t be broken by booze.
Decorations - Gotta love the dollar store for cheap and fun decorations for holidays. If you decide to buy certain things at a party store, go for the general decorations in lieu of things that say 2013 and can only be used this year and sell for a premium.
Games for kids - If there are kids coming to your party (and depending on their age they might not make it to midnight) it would be wise to prepare some activities for them to enjoy, rather then sticking them in front of a TV or have them trailing at your guests feet. One of our favorite ideas is an easy one! Gets a balloon for each hour counting down to midnight and in each balloon place a piece of paper with an activity (baking, coloring, contest, scavenger hunt, sport, etc.) for them to do for the hour! Each hour they pop that balloon and enjoy the activity!
I hope these suggestions help you ring in the new year with friends and family without breaking the bank!
Do you have any additional suggestions for a budget New Year’s Eve party? Leave them in the comment box below!