Tips to spend less on a Thanksgiving feast

Nov 17, 2022, 12:27 PM | Updated: Nov 21, 2022, 10:02 am

SALT LAKE CITY — Thanksgiving is one week away and some Utahns may be feeling added stress planning this year’s feast.

Record-high inflation means we’ll be paying more for turkey and all the trimmings. But you can make it more affordable.

In today’s “Save more, worry less,” KSL’s Tamara Vaifanua has three-budget friendly tips that can make your Thanksgiving meal memorable without spending all your gravy.

Count on dishing out a lot more cash to prepare a Thanksgiving meal this year.

Because of inflation, the cost of turkey, side dishes and baking essentials has jumped in price by 13.5% this year, according to market research firm IRI. If you’re hosting, WalletHub says that breaks down to about $392.

“The price of groceries has gone up substantially,” said Kathy Riggs, a professor at Utah State University extension in Cedar City. “That in addition to a shortage of turkey this year.”

She said these outside factors don’t have to take the thanks out of Thanksgiving.

Shop around

  • Watch for coupons in the mail or online.
  • Use a rebate app or grocery store card to save money.
  • Walmart is offering Thanksgiving staples to customers at 2021 prices.
  • You could also score a free turkey at WinCo if you make a $125 purchase.

Keep it simple

Going overboard on the menu can hurt your wallet.

More than 1/3 of Americans plan to have a smaller dinner, according to Personal Capital.

“If there are more items on the table to go around, that will fit on a single plate maybe we don’t need that much this year,” Riggs said.

Share the assignments

Another way to save is by assigning the side dishes, drinks and desserts.

“Let everybody be involved,” Riggs said. “Make it a family affair and not all the pressure on just one person.”

With tighter budgets this year, it’s easy for us to lose focus on what is going well for us.

Riggs suggests we take the time to appreciate what we have, keep those Thanksgiving traditions alive and reach out to others.

KSL 5 TV Live

Top Stories

Local News

The 6-month-old troublemaker leading first responders on a chase on I-80. (Salt Lake County Animal ...
Michael Houck

Stray dog runs loose at entrance of Parleys Canyon freeway

A stray puppy gave first responders a slow-speed chase on the highway entrance of Parleys Canyon Sunday.
19 hours ago
Lava flowing from Mauna Loa Volcano during the night. (KSL-TV's Carissa Hutchinson)...
Shelby Lofton

‘It’s kind of an eerie feeling;’ Utah man living in Hawaii witnesses Mauna Loa eruption

A Utah man has a front-row seat to the Mauna Loa Volcano eruption happening on the Big Island of Hawaii.
19 hours ago
(FILE) Utah Tech University in St. George is pictured on Friday June 10, 2022. On July 1, what was...
Michael Houck

Utah Tech student dead after accidently falling from balcony

ST. GEORGE, Utah — A freshman Utah Tech University student is dead after accidentally falling from a fifth-floor balcony early Sunday morning. In a Utah Tech statement, student Peyton Hall fell from the fifth-floor balcony at Campus View Suites II at approximately 2:30 a.m. while with roommates and friends. The witnesses called 911, and first […]
19 hours ago
Three men are facing federal charges for allegedly robbing a postal carrier at gunpoint and taking ...
Brooke Williams

Man arrested after lengthy search, one still wanted

A 22-year-old man was arrested early Sunday after fleeing from a traffic stop.
19 hours ago
A West Valley police car. (Kristin Murphy, Deseret News)...
Brooke Williams

Two dead after crashing into parked truck

Two died in a crash in West Valley.
19 hours ago
Keith Jensen's Christmas home lit up by all the festive lights. (KSL-TV)...
Michael Locklear

Millcreek man lights up neighborhood with the face of Santa

Millcreek man is spreading Christmas cheer through tens of thousands of lights all around his home.
2 days ago

Sponsored Articles

house with for rent sign posted...
Chase Harrington, president and COO of Entrata

Top 5 reasons you may want to consider apartment life over owning a home

There are many benefits of renting that can be overshadowed by the allure of buying a home. Here are five reasons why renting might be right for you.
Festive kitchen in Christmas decorations. Christmas dining room....
Lighting Design

6 Holiday Decor Trends to Try in 2022

We've rounded out the top 6 holiday decor trends for 2022 so you can be ahead of the game before you start shopping. 
Happy diverse college or university students are having fun on their graduation day...
BYU MBA at the Marriott School of Business

How to choose what MBA program is right for you: Take this quiz before you apply!

Wondering what MBA program is right for you? Take this quiz before you apply to see if it will help you meet your goals.
Diverse Group of Energetic Professionals Team Meeting in Modern Office: Brainstorming IT Programmer...
Les Olson

Don’t let a ransomware attack get you down | Protect your workplace today with cyber insurance

Business owners and operators should be on guard to protect their workplace. Cyber insurance can protect you from online attacks.
Hand turning a thermostat knob to increase savings by decreasing energy consumption. Composite imag...
Lighting Design

5 Lighting Tips to Save Energy and Money in Your Home

Advances in lighting technology make it easier to use smart features to cut costs. Read for tips to save energy by using different lighting strategies in your home.
Portrait of smiling practitioner with multi-ethnic senior people...
Summit Vista

How retirement communities help with healthy aging

There are many benefits that retirement communities contribute to healthy aging. Learn more about how it can enhance your life, or the life of your loved ones.
Tips to spend less on a Thanksgiving feast