Celebration Savings Tips
New Years Eve can be a great time to celebrate with friends and family! The best way to manage your finances on New Year’s Eve is to plan ahead and set a defined budget you are comfortable with.
Here are a few helpful hints for saving during New Year's celebrations:
- Buy early & look for group discounts. If you plan to go to a paid event, be sure to buy your tickets early as prices go up closer to New Years Eve! Another cost saving tip when going to a paid event with a group, is to ask the venue if they are offering discounted tickets to larger groups.
- Rent your outfit to save tons of money. If your event calls for formal attire, you can skip the sizeable price tag and get some great formal wear at a bargain. You can rent a tuxedo or dress for a fraction of the retail cost.
- Stay in to celebrate as a great money saving alternative! You can ask each guest to bring a dish or drink for everyone to share. Otherwise, you can pick the food and drinks and just ask everyone to pitch in $10 or so to help alleviate the cost of hosting.
Planning to set some financial new years resolutions? Let us help! Watch Budget Hacks: From Research to Practical for research-based ways to stay on track with your spending. Looking for an easier approach to reign in spending? Complete the Spooked by Spending Plans course instead.
Let SMMC know if you need help setting your financial resolutions in 2020 when you're back from break!
