Saving Money on Thanksgiving

Saving Money on Thanksgiving

Thanksgiving is a great time of year to unwind and enjoy the presence of friends and family. To avoid the stress of money early on, start planning now. There are simple and easy ways to cut back the costs of your celebration, and we want to share the five of them with you.

Potluck

Hosting a potluck is a perfect solution to cutting down your Thanksgiving costs. A potluck allows everyone to bring their own food which contributes to lowering your overall cost of meal prepping. Now you get to sit back, relax, and also enjoy some new dishes!

Keep It Simple

Keep decorations simple and not purchasing over the top and extravagant decor will reduce the cost of your Thanksgiving. Whether it be making your decorations at home or going to thrift stores and Dollar Trees, these decorating ideas are very inexpensive and will save you money.

Say No To Disposables

Paper plates and plastic utensils may sound like a good idea, but they are a non-essential expense. Using your glassware and utensils will, in the end, save you money. You’d be surprised by how much you spend on disposables for all of guests and courses.

Budget

Establishing a budget before the holiday is crucial. Pick an amount you would like to stick to and then start by making a list. Figure out what you will need to purchase beforehand, which will include essential items such as decorations, entertainment/activities, beverages, and food.  

Shop Early

Figure out your grocery list ahead of Thanksgiving and check to see what you already have in the pantry before you go out and purchase the rest of the items. Check the local paper and stores for seasonal sales. Many of your dishes will be able to be stored in your refrigerator, so you can get some of the foods you like at reasonable prices. Make sure to get food early, like your turkey; otherwise, you may end up paying a holiday premium.

If you have any questions or would like to open up a savings account with us, then please contact us via our website or by calling us at 843-549-2265. From all of us here at Bank of Walterboro, we wish you and your family a Happy Thanksgiving!

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