WATCH: Lori’s Trend Lab looks at holiday hosting hacks

As the holiday season approaches, many of us are gearing up for hosting our friends and family for festive gatherings. However, with all the expenses that come with the holidays, it can be overwhelming to think about hosting a party without breaking the bank. But fear not, because “Good Morning America’s” lifestyle contributor, [Name], is here to share some hot tips for holiday hosting that won’t leave your wallet empty.

Tip #1: Plan Ahead and Set a Budget
The key to hosting a successful and budget-friendly holiday party is to plan ahead. Start by deciding how much you can realistically spend on the party and make a budget. By having a set budget in mind, you’ll be able to keep track of your expenses and make more conscious decisions when it comes to purchasing party essentials.

Tip #2: Shop Smart for Decorations
When it comes to decorating for a holiday party, there’s no need to go overboard. Simple and budget-friendly decorations can make a big impact. Look for deals at discount stores or use what you already have at home. For instance, mason jars can be repurposed as candle holders or vases, and a string of lights can add a festive touch to any room.

Tip #3: Get Creative with DIY Centerpieces
Instead of purchasing expensive centerpieces, why not get creative and make your own? A simple centerpiece idea is to use a tray or platter and fill it with small ornaments, pinecones, and candles. You can also use fruits or vegetables, such as apples or cranberries, to add a pop of color to your tablescape.

Tip #4: Prepare Simple but Delicious Appetizers
Instead of spending a fortune on catering or pre-made appetizers, consider making them yourself. There are many budget-friendly recipes that are easy to prepare and will impress your guests. For example, a simple charcuterie board with a variety of meats, cheeses, and crackers can be a hit with your guests without breaking the bank.

Tip #5: Have a Potluck Style Dinner
One of the biggest expenses of hosting a holiday party is the food. To save money, consider having a potluck style dinner where each guest brings a dish to share. This not only helps with the cost, but it also adds variety to the menu and allows everyone to showcase their favorite holiday dishes.

Tip #6: Serve Signature Drinks
Instead of stocking a full bar, stick with one or two signature drinks for your party. This way, you’ll save money on buying a variety of alcohol and mixers, and your guests will appreciate the personal touch. Look for recipes that use affordable ingredients and can be made in batches, such as a holiday punch or a mulled wine.

Tip #7: Use Online Invitations
Say goodbye to expensive paper invitations and opt for online invitations instead. There are plenty of free websites, such as Evite, that offer beautiful and customizable electronic invitations. This not only helps save money on paper and printing, but it also allows you to easily keep track of RSVPs.

Tip #8: Create a Festive Playlist
Music sets the mood for any party, and with the internet, you don’t have to spend a dime on creating a holiday playlist. Search for free Christmas music online or use a music streaming service to create a playlist of your favorite holiday tunes. This will help create a festive ambiance without any added costs.

Tip #9: Plan Fun Activities
Instead of spending money on entertainment, plan some fun activities for your guests to enjoy. This could be anything from a white elephant gift exchange to a holiday-themed game or even a group karaoke session. These activities will keep everyone entertained without costing you a fortune.

Tip #10: Don’t Forget the Leftovers
As guests start to leave, don’t let the leftover food go to waste. Package up any remaining food and send it home with your guests. This not only prevents food from going to waste, but it also saves you from having to spend on leftovers for your own meals in the days following the party.

With these budget-friendly tips from “Good Morning America’s” lifestyle contributor, [Name], you can easily host a memorable holiday party without breaking the bank. Remember, the holidays are about spending time with loved ones, so don’t stress too much about fancy decorations or gourmet food. Enjoy the company of your guests and have a wonderful holiday season!

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