New Year’s Eve is a time to party and celebrate with friends, and you want to plan your own evening get-together so that you can count down to midnight in style. However, after the expenses of the holiday season you don’t have much left over to spend on throwing a big bash!

Don’t worry; you can still ring in the New Year with a great party on a low budget.

Here are some tips for cutting down the costs of your celebration:

Plan Ahead

Many people make their plans for New Years at least a month in advance and sometimes more, so if you are planning on hosting a soiree this year make sure that you get your invites out as soon as possible.

Also, planning your party in advance will give you lots of time to comparison shop for the things that you need and wait for party supplies to go on sale which will save you money.

Keep it Simple

You don’t need to cook up a three course meal to impress your New Year’s Party guests. Instead, start your party later in the evening so that guests will have eaten dinner before they arrive, and provide a few finger foods and snacks instead.

Buy the budget versions of pretzels, potato chips, and dips and then place them in your nicest bowls so that they look fancy.

Also, your friends won’t mind if you ask them to bring a few snacks or drinks to contribute.

Buy Cheap Liquor

If you are making mixed drinks at your party, you don’t need to buy the most expensive top shelf liquor. You will not be able to taste the difference in quality when you add all of the other fruity ingredients.

You also don’t need to buy name brand sodas such as Coca Cola or Pepsi when the cheaper versions taste pretty much the same when mixed with alcohol.

You could also consider making up a batch of Sangria, which can be made with very cheap wine and still tastes delicious.

Make Your Own Decorations

You can create a fantastic look to your party with a little bit of creativity, and save money on expensive party decorations.

Try stringing up your Christmas lights around the room to provide interesting lighting, and use lots of candles for a fun atmosphere.

Ask your friends to email you their favorite photos of the last year, and print them out. Display them on the walls to show off the best moments of the last 12 months.

You could even tape a large piece of paper to the walls and provide colorful markers so that guests can write their hopes, dreams and resolutions for the New Year.