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6 Ways to Save on Thanksgiving Costs

pumpkin pie with leaves, thanksgiving concept

family having thanksgiving dinner

Thanksgiving is a time for gratitude, family gatherings, and delicious feasts. But it can also be a time when expenses add up quickly. As a credit union, we understand the importance of financial well-being. That’s why we’ve put together seven tips to help you save on Thanksgiving costs while still enjoying the holiday to the fullest.

1. Plan Your Menu Wisely

Start by planning a well-balanced menu that includes your family’s favorite dishes. Limit the number of side dishes and desserts to avoid over-purchasing ingredients. Consider asking your guests to bring a dish to share, which can help reduce the overall cost.

2. Shop Smart

Create a detailed shopping list and stick to it. Look for sales and discounts at your local grocery stores, and consider using digital coupons and apps to maximize your savings. Buying in bulk for non-perishable items can also be cost-effective.

3. Try a Potluck

Instead of taking on all the cooking responsibilities yourself, turn your Thanksgiving into a potluck-style gathering. Each guest can contribute a dish, reducing the financial burden on you and adding variety to the meal.

4. Decorate on a Budget

You don’t need to break the bank on decorations. Consider DIY decorations using natural elements like fall leaves and pinecones. You can also reuse decorations from previous years to save money, or head to your local thrift store to buy décor like colorful vases or candlestick holders.

5. Buy Generic Brands

In many cases, generic or store-brand products are just as good as name brands. Opt for generic items when possible, as they are often more budget-friendly.

6. Share and Save Leftovers

Don’t let those delicious Thanksgiving leftovers go to waste. Plan meals for the days following Thanksgiving to make the most of your ingredients. Turkey sandwiches, soups, and casseroles can be both tasty and economical. And, consider asking guests to bring their own food storage containers to take some home!

By following these tips, you can save on Thanksgiving costs and have a wonderful celebration without overspending. At Elevate Credit Union, we’re here to support your financial well-being. We wish you a happy and budget-friendly Thanksgiving! Find more tips like these on the rest of our MoneySmart Tips blog.

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