Wednesday, November 7, 2007

Thanksgiving Is Only Two Weeks Away

We are entering what is considered one of the most stressful times of the year. Expectations are high, time is short, and finances are stretching, so how do you prepare? My family is working on redefining expectations while working together to discover what is truly important to each of us. It still gets a bit stressful. My great aunt has been the hostess for many holidays, but we are working on transferring the responsibility and workload to my mom and I. I've hosted a couple of Thanksgiving feasts, but this year will be at my mom's. We will also invite a few people that don't have a place to go for the holiday. Rather than expect her to take care of everything, the meal will be shared between a number of family members and friends. Mom will take care of the turkey and gravy. I usually get potatoes and rolls. My great aunt is in charge of pie (her specialty!) There are certain traditions we keep, but we also switch things up a bit to try new ideas and keep things fresh.

So how do we take advantage of Thanksgiving, switch it up, and utilize it for our frugal lifestyle?Use my family as an example and share the cost by asking family members to bring a dish or two. The bonus is you also get to share in the leftovers.

November and December see the most sales in the grocery stores because the competition is high to lure our grocery budgets out of our pockets. I tend to save more left over grocery money in September and October to prepare for two months ripe with stock up opportunities, specifically baking supplies and cuts of meat and poultry that lends itself to frugal meals that stretch to multiple meals. No Credit Needed has posted an example of a grocery store price book he uses to track bargains.

Take advantage of Thanksgiving leftovers to really stretch you grocery budget. Start planning the menu now so you know how much to put aside for which meal. Don't feel like you have to finish the whole turkey in three days. Freeze portions for later use.

Keep an eye on the stock market and search for bargains there too. While the fall is a great season for good returns (minus that black monday thing of course), its the move to cut loses before the end of the year tax deadline that is where to find the deals.

2 comments:

Dawn ... said...

Great post :)
I use to set my expectations so high for making the holidays just so for my family. I finally learned to relax and just enjoy the experience. Our holidays might not be picture perfect ... but, we have a great time together :)
And your so right about the grocery sales this time of year ... it's great ... definitely time to stock up on many, many items!

Making Cents of Debt said...

You're right. I find that family doesn't even notice its not picture perfect. To them, especially kids, this is what the holidays are all about.