5 Money Saving Tips for Thanksgiving

1. Sunday Evening Grocery Shopping

By shopping on Sunday night, there will be fewer people and you’ll still find plenty of produce to choose from instead of having to deal with the last-minute rush leading up to Thanksgiving. Take a look at the Sunday newspaper and clip coupons to enjoy some additional savings. And be sure to double check your shopping list – nobody enjoys having to make a second trip back to a crowded store!   

2. Save Money at the Pump

Gas prices this season are expected to be slightly higher than last year, so be prepared. Check out websites like www.detroitgasprices.com, where you can find updated gas prices at your local pump. Consider making carpool arrangements with your extended family members to save even more money on transportation costs.

3. Simplify Your Holiday Decorations

Save some money by creating your own table centerpieces. Arrange a few squashes or gourds in the center of your table, or look to your backyard for inspiration. Artfully gather some leaves and branches and arrange with a few candles for a rustic indoors/outdoors feel. 

4. Make it a Thanksgiving Potluck

Divvy up dinner and you’ll be sure to save not only money, but also time and added stress!  As host, prepare the turkey and a few side dishes, but have your guests bring the wine, appetizers and dessert. You can even use this dinner as agood excuse to do some recipe swapping! 

5. Be Strategic About Black Friday

Everyone knows you can find some fantastic deals this holiday weekend, but have a game plan in place before heading out to shop. Know exactly where you are going and what you are buying to avoid getting caught up in the holiday shopping frenzy. By planning ahead and thinking clearly, you’ll avoid making a bunch of costly impulse buys.

These tips were provided by Natalie Brent and Elizabeth McGee of Bloomfield Hills Financial.