Thanksgiving will be here before you know it, but for many it won’t be a happy one thanks to rising prices due to inflation. In fact, a new survey finds some people may not be having Thanksgiving at all this year because it will be too expensive.
A survey by Personal Capital finds:
- About on-in-four of Americans say that in order to save money they plan to skip Thanksgiving this year.
- 74% of people still plan to celebrate the holiday though.
- And 68% still plan to host Thanksgiving dinner this year.
- Some hosts have thought of ways to help offset the higher costs of the holidays this year.
- 57% plan to keep it small in order to save money.
- 52% plan to ask guests to bring some dishes or items.
- 42% expect to ask guests to contribute money towards the cost of Thanksgiving.
- 53% plan on making fewer dishes.
- 88% plan to cut at least one dish from their holiday menu to decrease costs.
- Dishes most likely to be cut include:
- Brussel Sprouts
- Squash
- Creamed Spinach
- Carrots
- Dishes people would never think of cutting include:
- Turkey
- Gravy
- Mashed Potatoes
- Stuffing
Source: Personal Capital