Hosting NYE on a Budget

December 23rd, 2018

The start of 2019 will be the same for us all. Whether it’s spent waking in bed or on a friend’s futon, to the sound of crying kids or that alarm you forgot to switch off the night before, there will be one thought on our minds.

Money.

Huge expenditures will have fled our bank accounts over Christmas, and I know that I’ll be struggling to cope with paying for the veg, the pudding, the presents, the parties, the party hats, the fireworks, the drinks…

The list goes on. 2019 will be hard unless you say hello to the New Year with a smile on your face and a penny in your pocket. Here’s how to host NYE on a budget

The Night of Bring-Your-Owns

If you’ve already agreed to host everyone for New Year’s, then I salute you. Be sure to hide all your valuables, sweep the dog out from underneath your feet and brace yourself for a night of delight and wonder. Stock the fridge with a couple of cans of beer to get your guests started, ready the corkscrew for the cliché-countdown-to-midnight-champagne and hide away a bottle of whatever you’re drinking so your uncle doesn’t ‘accidentally’ steal it.

And make it clear that everyone else must bring the rest.

Supplying a house full of people with a night’s supply of booze is a tall order, and not one to be taken lightly. If everyone drinks four beers, and there are ten people at the party, you’ll need to buy four boxes of Stella Artois, containing 10 cans each, to cover them all. That’s already £42 down the drain, without covering what you’re drinking, how much you’ve spent on party food and the price of bleach to remove all the stains from the carpet the morning after.

Be a good host, sure. But don’t be taken for granted.

Borrow, borro, borrow

The Christmas period is a time to celebrate love and spend time together. That’s why hosting friends and family to watch fireworks explode around the Millennium Eye is a great idea, until you realise that only four of the 10 people you’ve invited will fit around your tiny table. And how are you going to fit that much booze into the fridge? You could easily spend a couple grand on new appliances and furniture, but that’s not a great move considering the time of year (need I remind you how much you dropped on a single Turkey?).

Let’s compare the prices of buying everything you need versus borrowing it.

Buying (forever) 3Borrowing (per day)
1Table (1) £60 £2.50
1Chairs (10) £650 £9.38
2Mini-fridge (1) £29.99 £12.50
2Champagne glasses (12) £4.50 (10) £5
2Plates (46) £138 £2.50
2Knives (50) £81.25 £2.50
2Forks (50) £81.25 £2.50
Total £1044.99 £36.88

Data correct as of 21stDecember 2018. ‘Bought’ items cost the lowest possible price on the websites used.

1From Harvey’s.

2From Argos using items costing the lowest price.

3From https://www.borroclub.co.uk/

Yikes, a grand for only one night? Even if you did have the cash to spend on so much for New Year’s Eve, what on Earth are you going to do with 46 plates after the event is over? Personally, I’d rather borrow everything and save £1008.11, than spend what feels like all my savings on hosting friends and family. And if you only need 10 of those 50 plates, tuck the other forty safely away upstairs until the following morning. You’re still saving over one hundred quid.

Don’t buy it; borro it.

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