Analyzing Your Fourth of July Celebration: How Much Can You Save?

Wednesday, May 22, 2013 - 10:06am

Every time there’s a reason to celebrate, people will go out of their way to have a good time, relax and just be happy; this is always a common scene during the holidays and the Fourth of July celebration is no exception. While some people hold craft exhibitions, others throw parties to share with friends and family.

If you intend to spend your money wisely during such times, a budget is always so important. You have to determine how much cash you aim to use on the day, and then draw a plan to guide you on exactly how to use the funds.

With that, you can be sure to have a limit which will subsequently keep you from overspending. In essence, budgets, coupons and discounts are just some ways to save.

While it’s good to make merry, it’s more important to be frugal in your spending because in the end, you will have to go back to your daily routine. You do not want to end up with empty pockets. When holding a party for instance, don't go for the most expensive things on the store shelves; you can look for discounted items or take advantage of coupons. You might think people will be impressed, but think of having fun, more than impressing.

Money saved on food, for example, can be spent on games or renting a pool.

With regard to cooking, independent caterers generally charge less than those who work with big catering companies, thus if you feel the need to contract such services, it’s best to pick the former. Going for such an option additionally gives you a chance to negotiate with the individual, and consequently obtain the services at a price you can afford.

If you are holding a party, and you still aim to keep your costs low, you can settle on snacks and appetizers rather than full course meals. Especially on the Fourth of July where it's all about enjoying summer outdoors.

If you need to get electronics, clothing items or gifts for the shindig, it’s advisable to find coupons so that you are able to make substantial savings. You may also require wine for the after party and rather than just pick what is in the closest store, it’s good to shop around to get the best deals. Essentially, you should consider buying wine from the less popular wine brewing regions, because such wine can be up to 50% percent cheaper than the renowned brands.

As for cake, you can easily make one at home instead of buying a readymade one. It can actually be a fun activity for the day especially if you get children involved. (Bonus, that excuses the imperfect icing job.)

Finally, if you must get flowers because they really cheer you up, go for less expensive varieties or use coupons to get some. No need to spend a fortune on a bunch that you can only toss away at the end of the day.

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