Thanksgiving Holiday Guide For Homeowners

Tuesday, November 21, 2017

Savings and Preparations For Thanksgiving Day

 

You probably haven’t thought about the fact that you will have people in your home this holiday season.

Lot’s of people.

How many guests will you be receiving?

In the United States, Thanksgiving is a huge holiday filled with people and of course food.

More than 50 million people commute to a loved ones home on this day.

It takes about 5 hours to cook the average turkey. And it takes about 12 hours to defrost one.

We consume nearly 4,500 calories eating our turkey dinner on average.

And the average American thinks it is more important to make sure there are leftovers in the fridge than to eat the actual meal.

Over 46 million turkeys are cooked every year. That means 46 millions ovens are on, smoke detectors buzzing, and pot holders placed on tables.

We spend a lot of time and energy on this day!

And you are the one hosting the big meal. You may need some help!

Feel organized, safe and protected.

You may be a homeowner and choose to up your homeowners insurance for the holiday season.

This is one way to protect yourself from the liabilities of having people over to your house.

 

How To Prepare For Hosting Thanksgiving

 

From a logistical point of view, you will want to make sure first and foremost that your assets are protected.

Whether you are having family over or dear friends, anything is bound to happen.

Just imagine your 7 year old nephew running down the stairs and hitting his head on the banister.

Or maybe a game of football in the backyard gets a little out of hand. Having a good homeowners insurance policy is key for preparing for the holidays.

You can also add extra storm coverage or liability insurance for the winter months.

 

What is homeowners insurance?

  • When you purchase a home, home lenders require you to have a minimum amount of coverage in order to protect what they are financing.
  • Homeowners insurance is in place in case a disaster such as a fire occurs and your home is destroyed. You will need it insured to pay off the loan on the home and recover damages.
  • Credit can be an important rating factor when looking for homeowners insurance. The difference in cost between someone that has excellent credit versus poor credit is nearly half.
  • homes insurance covers four basic types of insurance: structure, personal belongings, liability, and additional living expenses.
  • The location of your home, the construction type, roof slope and many other features contribute to how much your homeowners insurance will be.
  • You can save money on your premium by raising your deductible.
  • You can bundle your insurance to save! Putting homeowners and auto together, for example, could save.
  • You may also want to pay for your insurance annually to save on costs.
  • There are many discounts available to you if you ask. If you live by a fire department, have home safety devices like an alarm, have a deadbolt on your door, or have a good credit history you could save.

What is covered by homeowners insurance?

  • Damage to your home, including permanent structures on your property—unless your policy specifically excludes the cause of the damage
  • Damage to personal property, meaning the items in your home that are not attached to the dwelling, due to causes outlined in your policy
  • Liability coverage for legal matters or accidents that occur on your property
  • Loss of use, which allows you to maintain your lifestyle at another residence while your home is being repaired without incurring additional costs
  • Limited coverage for items such as stolen jewelry—the amount of coverage varies depending upon state of residence, and you always have the option to increase this coverage.
  • Additional coverage available for more valuable items (jewelry, fur, silverware, etc.). If coverage above the limited coverage amount is required, a “rider” should be purchased. This coverage offers a broader range of perils.

 

Renters

If you rent a home and are expecting guests over for the holiday’s, try renters insurance. 

Renters insurance is a great way to protect your house and assets in any case.

When gathering a lot of people into one space, especially if you don’t own the space, you will want that extra added protection.

You can purchase this for as little as $20 a month!

 

Saving Money On This Big Day

 

You may want to go all out for your thanksgiving feast, and you should! But here are some tips on how to do it with style and thrift!

Billions of dollars are spent every year on thanksgiving day and the holiday season.

  • One way to lower your costs as the host of the actual party is to ask your guests to all bring a side dish. You can do the main course (turkey). You can even make the mashed potatoes. But when it comes to dinner rolls, salad, and pie, ask others to pitch in! You can delegate on this wonderful day and still have a beautiful dinner. Drinks (especially alcohol) can be expensive. Have everyone bring their own favorite drink. If everyone shares, you are more than likely to get some fun drinks and good laughs out of it.
  • Another way to really save is to keep your decorations and store them for the following year. You may have thought of this already, but keeping burlap, candles and even napkins could really help cut costs. If you need more servingware you can always go to the discount stores to find cute options. You don’t have to shop at Macy’s to have an amazing table setting.

how to save even more…

  • We spend almost 3 million dollars each year on our thanksgiving meals. Shouldn’t this cost be spread around the table a little more? No host should have to pay for all of the dinner expenses. There are cute ways to ask your guests to spread the love. Try sending out a sweet and heartfelt e-vite. An invitation send by email to all those who you wan to attend. Put at the bottom “bring your favorite drink and side dish to share”… Even if you end up with two of something, no two items will be exactly the same. You can even post a list of what may be needed.
  • The average host spends around $400 on decorations and meals for thanksgiving. Try shopping at these discounts stores: Ross, The Dollar Tree, Oriental Trading Company, Amazon.com.
  • You may notice that sticking to a budget is hard to do during the holiday season. But try. In late summer, try writing down a budget for what you want to spend on the holidays. You can even put aside an envelope to stash away some cash.

Don’t Pay Full Price

Did a light bulb just go off in your head?

Full price during the holidays is a scam to say the least.

  • During this season, there are always price matching deals going on. It is a huge time of year for retail chains, so take advantage. Price match and learn how to shop.
  • There are also a ton of coupons floating around during the holiday season. Especially when it comes to cooking your turkey day meal. Use them at your local stores and see the money build up in your pocket.
  • You can buy the older bakery bread for your stuffing. Usually this is discounted and will work great for all of your stuffing needs.
  • Buy cranberries and freeze them. They can be useful for all sorts of great dishes. And you don’t need to buy from a can to make it worth your while.
  • If you love the taste and smell of a turkey dinner and all that goes with is, buy and stock up on foods the day after thanksgiving. Go to the supermarket and get canned goods that will now be on sale. You can stock up on all of your supplies and have delicious meals for weeks to come.
  • Make a menu and stick to it. Budgeting for your menu is important. If you are the only one cooking, than you get to decide how much you spend. And shop around. It doesn’t have to be a gourmet turkey! Look for healthy alternatives such as a garden salad instead of a three bean casserole. Veggies can be one of the cheapest things you can buy at a store.

Organize Your Home

 

Here is one of the biggest secrets to having a wonderful and successful holiday party or gathering at your home: be organized.

Before you budget, and before you head out to find the best deal on homeowners insurance, get a pen and a piece of paper.

Write down a to do list for you and your family. Make steps for them to follow and tell everyone that this is a household event.

One person should not be stuck with all of the work!

This list may include:

  • De-cluttering the house. Out with the old and in with the new. The less clutter you have around the more peace it will bring to your home.
  • Cleaning the exterior of the house. Most people do not think about cleaning the outside of the home. Cobwebs, dust build up and over-grown shrubs. Make your home look nice and give yourself an excuse to make the exterior pretty.
  • Counting dishes, plates and silverware. Figure out how many people will be coming to your house on Thanksgiving day. Set aside the dishes you wish to use. Usually one large plate and one small plate per person is sufficient. Then pull out glass ware and silverware. Count them so you are sure you will have enough. Set aside serving spoons as well. Clean these now and store them away. This will be one less thing you have to do on the big day. If you do not have enough, go out to the local discount store and get some more. Maybe buy a separate set that will just be used for the children attending.
  • Pull out any old and boxed up decorations. See what you can re-use. If you are looking for a smart and sophisticated center piece for your table, try gathering pinecones and putting them in a glass jar. You can also get birch wood and other types of wood fairly inexpensively. These are a pretty way to make your home feel rustic. Tie some string around the birch or maple logs and stack them on the table. Try thrift stores for decorations. There are usually some hidden treasures to be found.

More tips…

  • To make sure that everything is planned, buy your food early and put what you are going to make aside in the fridge. label things if you need to. Having everything easily accessible on cooking day will help with your stress.
  • When cooking time comes, give your family tasks. Put on a game of football and have the kids sit and make name tags for seating. Let the whole family be included in the process. Have them empty the garbage can and put in a new and fresh bag.
  • Light candles and poor yourself a Mimosa. You should enjoy this time as much as anyone else.
  • Have a rack out for jackets and umbrellas when your guests arrive. Have a  cute basket out for muddy shoes. Try to get a fire going. Put on some Holiday music. It is never too early for Bing Crosby. Take in the spirit of the day and this will allow you to stay patient and full of gratitude as the day unfolds.

 

Take Pride In Your Day By…Relaxing

 

Steps to relaxing while hosting a party:

  1. Do this breathing exersize: breath in for 5 seconds, hold it for 5 seconds, breath out slowly for 5 seconds. Close your eyes and focus on your breath.
  2. Light you favorite candles.
  3. Stay hydrated. You will be consuming a lot of salts and sugars during Thanksgiving. Drink water!
  4. Allow people to help you. The day doesn’t have to be perfect to be wonderful.
  5. If you have animals, give them a special treat or bone and send them outside. There is nothing more annoying than a begging dog in the kitchen or a cat on the countertop.
  6. Wear a pretty apron. Make sure you have time to take care of yourself. If you have a fancy outfit you plan on wearing, put it on as soon as you start your food. You want to feel good and look good as well.
  7. Set timers. Make sure you set timers for all of your food. When you are cooking multiple things at once, it’s easy to get distracted.
  8. Set the tone with your family of how you want the day to go. If you want people to sit at a certain time, you are the host, don’t let others dictate how your meal will go.
  9. Last but not least, remember to verbalize your feelings on this day. It is a day to give thanks and be grateful. State how you feel and make others feel warm and welcomed in your home. There is no better feeling than the love and togetherness of family and friends.
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