Pumpkin pie, cranberry dressing, sweet potato casserole, and of course the Turkey all come to mind when planning Thanksgiving dinner. All of our family favorites are a delicious once a year treat, but they certainly come at a cost.
Did you know that, according to the American Farm Bureau Federation, the average cost of a Thanksgiving dinner has hovered at just under $50 per person for the past several years now? That’s a lot of money! Even if you don’t spend that much per person, even a quarter of that cost really starts to add up the more friends and family you add around your dinner table.
If you’re hosting Thanksgiving dinner this year, don’t agonize over the cost. Here’s how to host a budget friendly Thanksgiving feast for your friends and family.
Make the Most of Coupons
When you go grocery shopping for Thanksgiving meal ingredients, make sure you’re using apps to earn cash back rewards on everyday purchases. Also make sure you have a reward card for the grocery stores you know you’ll shop at for Thanksgiving meal shopping.
If you don’t already have a card, go to the store now and get one. You may be able to earn valuable coupons or even cash back through your everyday shopping to get a great deal on your Thanksgiving feast groceries.
Budget for Your Turkey
When you go to buy your turkey make sure you allot for 1 pound per person, or 1.5 pounds if you really enjoy turkey leftovers. Since the price of turkey will only steadily incline as we get closer to Thanksgiving. You may want to consider buying a frozen turkey now, and stashing it in your freezer until the week of Thanksgiving. You’ll save quite a bit on the price per pound, meaning that you’ll be slashing the overall price per meal for your guests.
Create Filling and Inexpensive Sides
Vegetables and casseroles are budget friendly foods to have at your Thanksgiving feast. When buying the ingredients you need for these dishes, make sure to check the frozen food aisle for the cost per unit before you leave the store. Certain things like green beans, corn, and mixed vegetables will be much less expensive than the price of fresh produce.
Host a Potluck
One of the most inexpensive ways to host a budget friendly Thanksgiving Feast is to simply host a potluck. You’re price per meal per person can still hover at $50, but spread out over multiple families, no one will feel the financial brunt of hosting.
Offer to provide the turkey and pumpkin pie, but ask everyone else to bring a side dish, bottle of wine, bread, or desserts. Potlucks are also a great way to make sure everyone at the meal has something that they enjoy and will look forward to eating. Also ask your guest to be sure to bring along enough copies of their recipe so that everyone can enjoy their dish throughout the rest of the year as well.
Do What Works for Your Family
Thanksgiving is only as expensive as you choose to make it. Maybe you’re not big on turkey and everyone would rather have a ham or fish filet. Make cake instead of pie or even forgo the fresh cranberry dressing. Don’t feel compelled to serve a dish just because tradition calls for it. Serve the foods you know your family likes best, and ask everyone to pitch in by bringing their favorite dish. By actively trying to cut back on costs and save money through coupons and cash back rewards programs, you’ll be able to slash that price per person and enjoy a budget friendly Thanksgiving feast with your family.
How do you plan on saving money on Thanksgiving this year?