Thanksgiving is just mere weeks away, and after the planning and budgeting for that large family comes the budgeting and planning for your ever-growing shopping list. Things can get out of hand really quickly. That’s why the team at Broussard Poché, LLP wants to help you get organized.
There is an art to managing the holidays without losing your mind… or your shirt.
- Set Goals
Before you start making that shopping list, think about your goals for the day. Who’s coming over? Get an accurate head count. Are you guys sitting around the table or in front of the TV, watching the big game?
Let your goal for the day lead your budget. If football is top of the list, think finger food or a buffet. If family time is the order of the day, you’ll need a full spread. Pre-planning a menu will help determine your budget.
Budgeting is key. Set a dollar amount and stick to it. Be sure to keep your other bills and obligations in mind. And don’t just budget for food, remember drinks, decorations, and incidentals.
- Shop Early
The earlier you start, the more you will save. Price comparison can save you a pretty penny. Consider buying in bulk and using coupons. Lots of stores have apps that you can download to your phone for instant savings.
- New Traditions
Maybe use this Thanksgiving to start a few new traditions. Consider vegetarian options to stretch your buck. Homemade desserts, casseroles, etc. will certainly save you in the long run (and taste better too).
Think about a potluck. Guests can bring their homemade favorites and help cover the costs. But, if you are already providing most of the food, ask your guests to bring their own alcohol or other drinks. You can save lots of money by asking people to be responsible for their own liquor.
The bottom line is a little pre-planning can go a long way. Don’t be afraid to get creative! Make your own décor and table settings. Be thrifty on the napkins or tablecloths, especially if they are only getting used once. By being smart upfront, you can spend a less stressful holiday with family and friends.