12 Tips for Hosting a New Year's Eve Party on a Budget

Use these tips for hosting a New Year's Eve party on a budget to throw a fun bash without breaking the bank.

The end of the year is almost upon us and you may be wanting to host a New Year’s Eve bash. Let the year go out with a bang while sticking to your budget with these 12 Tips for Hosting a New Year's Eve Party on a Budget.

12 Tips for Hosting a New Year’s Eve Party on a Budget

1. Decide on spirits. You can have a fun party with no alcohol and this would really cut your expenses. Alternatively, you could do some champagne that is not too expensive as well. Wholesale clubs offer great savings on cases of low-price champagne.

2. Don’t feel like you need to serve a heavy meal. Simply doing finger foods and small cocktail treats is usually enough for most parties.

3. Plan your party to be after a meal. This means, start inviting guests over long after dinner has ended for most people so you don’t have to make dinner for a large crowd.

4. Limit the guest list. Keeping it small will not only shave your costs, but will also allow you to be more relaxed.

5. Consider hosting a potluck style party. By doing this, the only thing you are really providing is the place and the atmosphere. You could also do it this way with champagne. Ask guests to bring a bottle to share.

6. Keep it simple with decorations. New Year’s Eve parties can be kept as simple as just using a few Christmas lights or candles to set the mood.

7. Invite people digitally. Facebook has a great way to “create an event” in order to invite people. You can also use sites such as evite.com to create free, fun invites for your event.

8. Do an ice-cream Sunday bar for a fun twist on a party. It just requires ice cream and low cost toppings you can buy in bulk.

9. Shop right after Christmas for amazing deals on party food, decorations, and dinnerware that would work for any theme. Many of those meat and cheese packs from companies like Hillshire Farms are up to 50% off the day after Christmas, so this is the perfect time to get your food for the party.

10. Research free shuttle services in your area that are available on New Year’s Eve. You may be able to get some free rides home for your guests if they have imbibed. Not only will this save them money on a taxi service, but it is the best way to make sure everyone makes it home safe.

11. Make sure you save some fireworks from the 4^th of July next year (or use them if you did this already). Many stands offer huge discounts on fireworks right after the 4^th of July, so stock up for New Year’s. If you don’t have any now, ask around. Maybe one of your guests does. Alternatively, you can buy those little party poppers for less online than at local party stores.

12. Skip buying a new outfit just for the occasion. There really isn’t a dress code for New Year’s Eve parties, especially if done at home. You could even host your own “grown-up” pajama party!

Printable New Year's Resolutions and Reflections

Looking to kill some time while waiting for the clock to strike midnight? Print out a copy of this New Year's Resolutions for each of your guests.