You need not cut yourself from enjoying holiday celebrations with your family and friends just because you're serious about living a frugal life. With some conscious efforts, you can throw a memorable Christmas party without overspending. Here some tips that can help you achieve that.
Plan your menu ahead of time. You don't have to ask your party attendees what they want to eat. Stick to a specific type of menu. For example, you can serve desserts only or soup and bread. If you have a big number of people coming over, offer finger food and carbs because these food can keep them filled while chatting with each other. Also, you can buy finger food in bulk at a lower price.
Do all the preparations on your own. Cook the food on your own. Do the decorations on your own as well. Not buying ready-made decorations and precooked meals will save you a lot of money. However, this will require much time. Allocate at least an hour a day two weeks before your scheduled party for the creation of your decorations.
Do away with the paper invitations. Paper invitations and the stamps to mail them can add to your expenses. Call all the people you wish to invite. This is a good way to save money and to personally ask your family and friends how they have been. If you don't have the time to make calls and you're afraid that your short greeting might turn into a long conversation, just send your party invites through email.
Go to discount or dollar stores for your party needs. Party needs can be very expensive if you will get branded versions of them. You can cheap yet beautiful counterparts in discount or dollar stores. You will be surprised to find candies, decorations, plates, cups, finger food bowls, napkins, and so much more in these stores.
Don't splurge on the decorations. Don't go overboard with the decorations. There wouldn't be enough space for your guests to chat, sing or dance freely if your house is overloaded with decorations which can topple over with a simple arm stretch. Do your decoration in moderation.