Thanksgiving Traditions that can Break the Bank

November 23, 2016

Many American’s look forward to Thanksgiving all year.  It is a time to get together with family, continue tradition, reflect on what we are thankful for and eat a delicious meal! While keeping with tradition is well, tradition, it can also be expensive.  Here are a few traditions you may want to re-think this year in order to save some money.

  1. Hosting Thanksgiving at your house. Many times being the host you are stuck with extra expenses that no one else has to worry about (tablecloths, décor, etc). Consider rotating it around your family so everyone has a break.

  2. We all know that these trips can take a toll on your budget. Consider skipping the trip or hosting it at your house if that is more budget friendly. Offer to visit relatives at another time when flights are cheaper.

  3. Buying your cakes and pies. Yes it is much more convenient, but also much more expensive.

  4. Making too much food. There are always extra leftovers after a holiday meal. Instead of taking a guess at how much you need to make, get an official headcount and figure out portions. Don’t go overboard. This way, you will save money and not waste food.

Realize that the more money you spend on dinner, the less you have to spend on Black Friday shopping! Remember that the most important thing on Thanksgiving is to reflect on all that you have to be thankful for.  One of those may be saving money!

The information contained in this blog does not purport to be a complete description of the securities, markets, or developments referred to in this material.

The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Any opinions are those of Nicole Middendorf and not necessarily those of Raymond James.

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