Affordable Ways to Create a Memorable Thanksgiving Celebration

Posted On: November 3, 2023
thanksgiving budget

Sometimes, the joy of Thanksgiving comes hand in hand with the stress of expense, but here at Extraco Banks, we understand the importance of financial literacy and are here to help you avoid that this holiday season.

With strategic planning and a dash of creativity, it's possible to host a memorable Thanksgiving celebration while keeping your budget intact.

Set a Budget and Plan Ahead 

  • Before diving into the planning process, establish a budget. Determine the total amount you're willing to spend on the event. Consider costs for food, decorations, entertainment, and any other essentials. Once you've set a budget, stick to it by planning meticulously.

How To Create A Budget

Solidify A Headcount 

  • Encouraging guests to RSVP for a Thanksgiving gathering is a smart strategy when planning on a budget. Not only does it help in estimating the number of attendees, but it also enables the host to plan more effectively and reduce unnecessary expenses. 

Plan the Menu Wisely 

  • Crafting a delectable Thanksgiving menu doesn't have to mean spending excessively. Plan your menu around seasonal and budget-friendly ingredients. Look for deals in the grocery store and stick to your list to avoid wayward purchases. Also, consider a potluck-style dinner where guests bring a dish to share, thus reducing the burden on the host and promoting a sense of community. 

DIY Decor and Table Settings 

  • Dress up your space with DIY decorations. Utilize natural elements like leaves, pinecones, or gourds to add a rustic holiday charm to the ambiance. Personalize place cards and centerpieces using readily available materials, and explore thrift stores for unique yet affordable tableware and decorations. 

Entertainment Without Overspending: 

  • No one said entertainment has to be extravagant to be enjoyable. Organize simple and fun activities like board games, charades, or Thanksgiving-themed trivia. You can also ask guests to bring their favorite board games to share, adding variety without additional costs. 

Repurpose and Reuse 

  • When your special friends and family dinner is over, don’t be afraid to get creative with leftovers. Instead of letting them go to waste, plan post-Thanksgiving meals using the remaining ingredients. This minimizes food waste and reduces the need for additional grocery shopping. 

Hosting a budget-friendly Thanksgiving celebration is a matter of mindful planning, creativity, and resourcefulness. At Extraco Banks, we recognize the importance of financial literacy and responsible spending. By implementing these cost-effective strategies, you can create a warm and memorable Thanksgiving gathering without straining your finances. Remember, the true spirit of the holiday lies in togetherness, gratitude, and cherished moments, rather than extravagant spending. Happy Thanksgiving from your Extraco Banks family!


Looking for a way to bank with ease and simplicity this holiday season? Check out our new checking and savings accounts today!

Extraco Easy Checking Account   Extraco Savings Accounts