Thanksgiving is the holiday for appreciating fine wines and good food with family and friends. But overindulging can be pricey. The average consumer will spend approximately $97.55 this Thanksgiving on non-travel related expenses, according to a recent survey by LendEDU, an online marketplace for student loan refinancing. The company compiled the dating by asking 1,000 participants, ages 18 and up, how they plan to celebrate.
This, of course, is only an estimate and does not include name brand products or anything fancy. Toss in side dishes, desserts and booze and the price only goes up. If you want to save money, you need to have a plan in place.
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"You have to be a creative cook," says Phil Lempert, grocery expert and food industry analyst, who runs Supermarketguru.com. "A lot of your menu depends on who you're inviting over: people with allergies, gluten-free, people who don't like turkey. Plan out as much as possible."
This holiday, count your blessings and your pennies with these quick and easy tips to save.