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New Years Eve = Expensive!

In the past, I worked during New Years Eve but this year i’m free to do what I like. So what am I going to do? After scoping out the local scene, i’ve noticed that any entertainment that night is WAY overpriced! Restaurants who usually charge around $20/person now charge upwards of $50/person. Tickets to bars/clubs that include food and some champagne upwards of $100/person! Seems like a waste of money in my eyes, or perhaps i’m just cheap. :) So, what are some of options so that I don’t feel like i’m being ripped off? Here are some of my ideas:

  1. Prepare a nice meal at home for my wife and I. This will save us around $100.
  2. Instead of going out to an overpriced bar for drinks, we may head over to a few house parties that we were invited to. I don’t drink much and my wife doesnt’ drink at all, so this will save us around $20. We will most likely drive to these parties, saving the taxi fares which would be approximately $50.
  3. And at the end of the night, we may head downtown to see the fireworks, which is free!

So I can potentially save around $170 on New Years Eve. In my eyes, saving $170 is the same as working for $240 (b/c of income taxes)! That $170 can be put toward better uses like a Charity Donation (i’ve given $540 in 2006) or an iPod Nano. ;)

    I plan on having fun, but saving a few dollars at the same time. What are your plans for New Years?

    No matter what your plans are, be safe. I’ll see you in the New Year.

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    FT About the author: FT is the founder and editor of Million Dollar Journey (est. 2006). Through various financial strategies outlined on this site, he grew his net worth from $200,000 in 2006 to $1,000,000 by 2014. You can read more about him here.

    { 1 comment… add one }
    • Canadian Money Blog Reviewers December 30, 2006, 12:59 pm

      That’s a very good point … it might not be for everybody, but we’ve decided to party out another night and instead we stay home with my wife’s grandmother to celebrate. We’ve been doing that for a few years and she’s loving it :-) Different people have been joining us over the years and we’re starting to make this into a real house party anyway with all the hats and sparkling wine :-)

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