New Year's Eve Party on a Budget

Start the New Year off right by planning a fabulous new year's eve bash without breaking the bank by following our clever guide to throwing a budget-friendly New Year's Eve party. Avoid pricey New Year's meals by serving light appetizers and starting your party well after dinner time.

A great money-saving trick is to begin your party late (around 9 pm or so; after dinner), and let guests know on the invitation that you will only have light appetizer foods available.

This will save tremendously on food costs, and being up front about it on your invitations will prevent guests from starving or being offended.

To save even more, skip the pricey New Year's fare like caviar in lieu of delicious olive-oil brushed crostinis with delectable toppings.

And rather then sipping bubbly as is, mix up a champagne cocktail to ensure you have enough to go around all night without worrying about a big liquor bill.

So what are you waiting for? Invite 10-15 of your favorite people over and ring in the New Year in style and under budget.

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Bourbon, Citrus & Rosemary Holiday Punch Link to video gallery. Woodford Reserve bourbon makes for the perfect base for your holiday punch. Add in some fresh ingredients, and you have a bold cocktail everyone will love. »

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