8 Way to Trim Thanksgiving Costs This Year

Thanksgiving can cost a bundle, but you don’t need to empty your wallet to enjoy a warm and memorable holiday. Here are eight ways to save on Thanksgiving costs this year.

1. Host a potluck-style dinner

One of the best ways to save money (and time) is to turn your Thanksgiving feast into a potluck. Ask guests to bring a side dish, dessert or drink. Most people are happy to contribute, and it gives everyone a chance to share a family recipe or personal favorite.

2. Plan your menu — and stick to it

It’s easy to get carried away while scrolling Pinterest or wandering the grocery aisles. Instead, make a realistic menu ahead of time, build a shopping list from it and commit to sticking to it. This prevents impulse purchases and food waste. Bonus: It makes shopping faster, too.

3. Use what you already have

Before you buy decorations, serving dishes or ingredients, do a quick inventory of your kitchen and pantry. You may already have canned pumpkin, baking spices or extra pie pans hiding in a cabinet. Similarly, consider reusing last year’s decorations or creating your own from things you already own — like pinecones, candles or a simple fall-colored table runner.

4. Shop the sales strategically

Grocery stores usually offer deep discounts on Thanksgiving staples like turkey, stuffing mix and canned veggies — sometimes even giving away turkeys with a minimum purchase. Start watching flyers and digital coupons early. Apps like Flipp or store loyalty programs can help you spot deals and stack savings. Don’t wait until the last minute! Planning ahead can shave a lot off your total.

5. Skip the fancy décor

You don’t need to spend a fortune to make your home feel festive. A few small pumpkins, some colorful leaves or a homemade banner can go a long way. Encourage kids to make their own crafts. (Bonus: It keeps them busy while you cook!). Even a simple centerpiece of candles in Mason jars or a bowl of apples can add charm without breaking the bank.

6. Limit the drink options

Alcohol is often one of the most expensive parts of a holiday meal. If you want to serve drinks, limit it to one signature cocktail, wine or a seasonal punch. Better yet, make it BYOB — “bring your own beverage.” People often have a favorite drink they’re happy to share, and it takes the pressure off your budget.

7. Cut travel costs creatively

If you’re traveling for Thanksgiving, the price of gas or airfare can make the holiday feel out of reach. Try traveling at off-peak times, such as early morning or Thanksgiving Day itself, which tend to be cheaper. If your destination is nearby, consider carpooling or using public transit. And if the travel costs are too high this year, consider celebrating virtually or hosting a “Friendsgiving” with local friends instead.

8. Embrace simplicity

At the heart of Thanksgiving is connection — not perfection. You don’t need five pies, gold-trimmed plates or a gourmet spread to make it meaningful. Focus on what really matters: good food, people you love and a moment to slow down and be thankful. Often, it’s the simple things that people most remember.

Thanksgiving doesn’t have to leave you financially stuffed. With a bit of planning, creativity and teamwork, you can serve up a holiday that’s rich in joy and light on your wallet. Use our tips to get started.