5 tips for classy, frugal holiday fun


At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here’s an explanation for

Shopping may have drained your budget, but that doesn’t mean you can’t host a holiday party with panache. It just takes planning — and ingenuity — to create champagne parties on a beer budget.

“The essence of successful entertainment doesn’t lie in the amount of money you spend in preparing for your guests. It lies in the time, thought and care you devote to the surroundings, activities and menu,” says Tracey McBride of Long Beach, California, a frugality lifestyle expert and author of the book “Frugal Luxuries by the Seasons.”

Following are some easy ways to spruce up your holiday event without overspending.

RATE SEARCH: Shop Bankrate today for the best high-yield CD rates.