Christmas week is finally here and I’m pretty darn excited about it. I have the presents bought and wrapped, the tree is trimmed, and the stockings are hung with care from the ledge that leads to my basement.
But what I’m probably even more excited about than Christmas is the New Year right around the corner.
Because the New Year brings a new beginning and another chance to change my spendaholic ways. One of my goals for 2015 is be a lot more frugal with my spending.
Here’s how I’m going to start the year off right.
Stay In for the Holiday
New Year’s Eve is one of the biggest “party” holidays of the year. With fancy dresses, drinks, food, and more, there are plenty of opportunities to foil your new-found frugalness before it even starts. Instead of going out and being tempted all evening, I’m planning a fun night in with my friends and family. We are going to cut down on costs by having a pot-luck followed by some fun and games.
Another way to cut down on costs is by having your event start a little later in the evening, after everyone has already eaten dinner. Then you’ll only be on the hook for drinks (unless it’s BYOB) and a few snacks.
Don’t Buy a New Outfit
I love having a fun and sparkly outfit to ring in the New Year, but this year I won’t be going out in search of a new party dress. Instead, I’ll utilizing a dress or a couple of separates that are already in my closet. If I do need to buy anything to complete my look I’ll try to find it used or borrow it from a friend.
Another way to avoid buying a new outfit for your New Year’s party is to go casual at your events. Since the New Year’s Eve party is at my house, I could change the dress to casual and I don’t think anyone would complain.
Take Cash Only
If you do decide to go out to celebrate New Year’s Eve, take cash instead of plastic. It’s a proven fact that people spend more when they use plastic and I think it’s because you can’t actually see the money leaving your possession like you can with cash. Plus, once you’ve spent your cash you can’t spend any more if you’ve left your cards at home. If you think you need to take your cards with you, confide in a trusted friend that you’re trying to watch your spending so they can help remind you if you are going overboard.
New Year’s Eve only comes once a year and it’s a time to celebrate and have fun with family and friends, but that doesn’t mean you have to blow your 2015 budget before the year has even begun. Planning ahead and utilizing these tips will help you to stay on track when temptations arise around the holiday.
How are you planning on ringing in the New Year?