Hosting a brunch, rather than a dinner, and choosing a casual theme for your party are two ways to host a fun New Year’s party without spending too much money.

Hosting a brunch, rather than a dinner, and choosing a casual theme for your party are two ways to host a fun New Year’s party without spending too much money.

Picking up from Six Budgeting Tips for Your New Year’s Party (Part 1), the following presents and explains two more smart budgeting tips that can be helpful for those who want to host a New Year’s party without breaking the bank.

  • Tip #3 Consider hosting a brunch, rather than a dinner: Instead of putting on an elaborate dinner, a brunch can be just as fun while helping you save a substantial amount of money. This is because, when hosting a brunch, you have more options for less expensive yet still elegant meal choices – like chocolate chip pancakes or frittatas. In fact, with a brunch, you can even make a tasty fruit salad that is as health as it is economical.As with dinner parties, you can also choose to use one or a few more expensive ingredients to dress up the meal if you plan on hosting a fancier event. For example, you can use smoked salmon or caviar as part of an appetizer or dolloped on a bagel to give your dishes a touch of delectable elegance while getting the most out of these more expensive ingredients.
  • Tip #4 Keep the event casual: One of the biggest mistakes people make when they plan on hosting New Year’s parties is assuming that they have to put on – and pay for – a fancy event. WRONG! Fancy events are not necessarily the most fun, and they can be extremely costly. Instead, consider making your event casual and spicing it up with a fun theme (rather than a fancy one).For example, you can host a competition event, in which each guest brings their version of a specific dish and everyone at the party gets to decide which one is the best. A competition theme will not only save you money in making the meal, but it can also give you new ideas for recipes to use for future parties!

Check out the final installation of this blog for some additional tips on saving money while still hosting a memorable New Year’s party to kick off 2014.

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