How to Budget and Improve your CashScore: Thanksgiving Edition


Thanksgiving is right around the corner! Is it your turn to host the Thanksgiving dinner?

Even though Thanksgiving may look slightly different this year, with smaller gatherings and a tighter budget, don’t let that stop you from having a great Thanksgiving meal with your loved ones.

Here are 5 tips on how to prepare the perfect Thanksgiving meal on a budget:

Don’t be a Gordon Ramsay

An amazing Thanksgiving dinner does not have to be extravagant; you won’t need truffle oil or imported saffron. There are a variety of recipes online for budget friendly side dishes that you can create. Don’t forget to check those out! A key tip is that vegetables also tend to be less expensive.

Before heading to the grocery store, make sure you plan out all of the components you will be making. Will you be serving mashed potatoes, pumpkin pie or stuffing? Hopefully it was a yes and a yes. Remember to write a grocery list so you don’t forget anything or get distracted by items you don’t need.

It is crucial to head into shopping season ready to manage spending and your CashScore (CashScore is calculated by your cash inflow and outflow to help you be on top of your hard earned cash!) Here are our tips:

Don’t be afraid to be an extreme couponer

Before heading to the grocery store, check if there are coupons on the groceries that you will be purchasing. When you head to the market, don’t forget to also check the store’s daily specials and coupons. Even if the individual coupons only deduct a small portion from the cost, they will add up. Have you watched Extreme Couponing before? Every cent matters!

Head to the grocery stores early

Not only will there will there be long lines, but also a limited selection of produce left if you decide to shop the day of Thanksgiving. It is important to avoid peak hours in order to stay safe during COVID-19.

Shop early, but not too early. During the week of Thanksgiving, there will be deals on certain items such as Turkey, so you don’t want to miss out on those. Before heading to the grocery store, if you are curious about how busy your local grocery store is, check the grocery store’s location on Google Maps. Under Population Times, there is a live feature where you can view how busy your supermarket is.

Have a Thanksgiving potluck

Make Thanksgiving a collective effort. Delegate dishes to family members and friends. Why make Thanksgiving a stressful experience for yourself when you can relieve the stress by having everyone bring a dish. Your prep and cooking time will also be decreased. Now, you can focus on perfecting your own dish and in return, everyone will bring their best dishes. A potluck will be less expensive for everyone, and everyone gets to participate in the fun of making something. Maybe even make it a friendly competition! Thinking of doing a Thanksgiving potluck now? If so, get your spreadsheet ready!

Most important: Remember it’s about family and friends

Thanksgiving is all about spending time with your loved ones. This year’s Thanksgiving may be especially different, but don’t let that ruin this special time. 2020 has been difficult for many, so remember to cherish this moment with your family and friends.