Fair   70.0F  |  Forecast »

Holiday Feasts on the Cheap

Five tips to maximize your food budget

Between decorating and buying gifts, the holidays can really eat up your money. However, even though the economy is tough, it doesn't have to ruin the holidays or your annual celebration. Here are five tips to maximize your spending this holiday season.

1. Throw a potluck. Everyone has a signature dish, whether it's casserole or banana cream pie. So why not try having a potluck this season? When you call to invite your family and friends over for the holidays, ask them if they would be interested in bringing their best culinary creation. For those who don't cook or bake, see if they wouldn't mind bringing a vegetable tray or a bottle of wine. These additional things add up, saving you cash while you provide the venue for a great holiday celebration.

2. Stock up early. Jim Hiller, CEO of the family-owned Hiller’s Markets in metro Detroit, suggests stocking up on products that are at their best prices around the holidays. Baking ingredients such as flour, sugar, baking powder, salt and spices can be purchased and used all year round. In addition, purchase pop, bottled water and other beverages when you find sales. That way, you're all stocked up on drinks for the party.

3. Stay within budget. Before you head out to the grocery store, create a shopping list, clip coupons and roughly estimate how much cash you will need. In order to stay within your budget, plan to spend only the amount of cash you have in your wallet. If you have $100 cash on you, plan your grocery list according to that. And remember, if you're hungry, don't go shopping – because starving shoppers typically tend to splurge on groceries!

4. Look for the best price. When it comes to finding great deals, skim through PennySavers and Valpaks for sale items and coupons. This way, you can find the lowest price and even buy additional items that you need without going over budget. Check places like Kroger that have 10 items for $10 specials. It's a great way to get more for your money.

5. Store vs. name brand. Just because an item isn't a name brand doesn't mean it isn't just as good. Try comparing prices of store vs. name brand food and see which one is cheaper. If the store brand wins the price competition, buy it. If the name brand ends up being cheaper, purchase that one instead.

Add your comment:
Advertisement

More »Latest Articles & Blog Posts

Capturing Memories with Project Life by Stampin' Up

Capturing Memories with Project Life by Stampin' Up

Looking for an easier way to save and display your family memories and keepsakes? This kit has what you need to make scrapbook journaling lots of fun.

Passport Rules for Kids

Passport Rules for Kids

If you're planning on traveling with your family outside of the country, they'll need a passport. Find out what you need and how to get passports for children.

Tips for Saving Cash on Flights

Tips for Saving Cash on Flights

Find out how your family can save money when flying abroad and in the country.

Tips for Traveling Internationally with Your Children

Tips for Traveling Internationally with Your Children

Thought about taking your kids for a trip abroad? You should! Here are tips to help make your cultural excursion easier – and cheaper – than you might think.

Staying Home Alone: How to Know When Your Child is Ready

Staying Home Alone: How to Know When Your Child is Ready

Whether you just want to run an errand or need to hit the gym for a break, it could be time to let your tween stay home alone. Here are a few ways to know your kid is prepared.

Craft Roundup: Get Ready for the Beach

Craft Roundup: Get Ready for the Beach

Whether you're hitting the pool or lake, southeast Michigan is packed with watery summer fun. These projects are inspired by (and ready for) this very topic!

Social Savvy: Raising Kids Who Can Make Connections

Social Savvy: Raising Kids Who Can Make Connections

At each stage of development, there are things parents can do for their kids to help them with social skills and making friendships.

Advertisement
Advertisement
Advertisement