In these gloomy times of recessions, crashes and closures, you’ be forgiven for thinking we don’t have much to celebrate this December 31st; however, it is possible to bring in 2009 without breaking the bank, just follow this guide to celebrating New Years in style and on the cheap!

The best advice is to stay at home – having your own party (fancy dress optional) is an obvious one as you don’t have to pay ridiculous entrance fees or drinks prices or face waiting in line for a taxi home. You’ll already be with the friends or family you live with and if you offer sofas and sleeping bags, mates from further afield can save the cash too!

Instead of fine crystal flutes for the Moët and Chandon, buy plastic glasses from budget shops and some big bottles of sparkling wine or cider from the supermarket. If you don’t drink, try a combination of apple juice and lemonade for that special razzle dazzle. You can also recycle the Christmas tree fairy lights by stringing them around the room, or make your own banner out of paper, PVA glue and glitter…

Big fireworks displays may be impressive, but a packet of sparklers can be just as much fun when the clock strikes midnight. Plus, if you’re outside with sparklers, chances are you’ll be able to see someone else’s fancy firework display anyway and you can enjoy the display without suffering in the pocket.

Whatever you decide to do, approach your New Years budget with imagination and there won’t be much in your way. Most importantly, have a good time!

Heather McKay