Fair   62.0F  |  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

What to Eat and What to Avoid During Pregnancy

What to Eat and What to Avoid During Pregnancy

Cravings or not, there are some things you just can't indulge in when you're a mom-to-be. Dr. Samuel Bauer of Beaumont Health Systems provides insight and information.

Benefits of Kids Learning an Instrument

Benefits of Kids Learning an Instrument

With many schools eliminating or downsizing their music curriculum, it's still important for kids to be exposed to music.

Mushroom Recipes for a Family Meal

Mushroom Recipes for a Family Meal

Mushrooms can be a tough sell with picky eaters but these dishes will entice them to try a bite – or two!

Tennessee Law Prevents Parents from Giving Child a Hybrid Last Name

Tennessee Law Prevents Parents from Giving Child a Hybrid Last Name

Carl Abramson and Kim Sarubbi mashed together their surnames for their first two kids, but Tennessee law says they can't use the last name 'Sabr' for baby No. 3.

Sticky Fingers Duct Tape Book Offers Easy Bow Making How-To

Sticky Fingers Duct Tape Book Offers Easy Bow Making How-To

Sophie Maletsky's new guide, published by Zest Books, is packed with fun crafts and DIY ideas kids and families can make out of colorful duct tape.

Paper Craft Fun with Handprints, Garland and Kawaii Art

Paper Craft Fun with Handprints, Garland and Kawaii Art

This versatile craft material transforms into an acorn fall creation, decorative ribbon, cute Japanese critters and cool dividers for your kid's closet.

How to Prevent Your Child from Choking

How to Prevent Your Child from Choking

Mealtime can turn from pleasant to panic in a matter of seconds. Protect your child from this mishap with our list of dos and don’ts.

Advertisement
Advertisement
Advertisement