Ways to save on a New Year's party

NEW YORK Even though money is tight, the parties go on, especially New Year's Eve.

If you are looking to host friends, but don't want to spend a fortune, here are some suggestions.

Tanya Steel, editor of epicurious.com says to make your table festive go heavy on one color, like red, and get creative with glitter. It can add glamour to fish bowls

For new years, pass on serving dinner by having your guests arrive around ten. Opt for appetizers instead.

Spend about 10 percent on decorations. The rest depends on the kind of guests you're having.

Don't forget dessert. Tanya takes semi-sweet chocolate, nukes it and then mixes in whipped cream. The mousse is divided into three portions. Some is kept plain, some is flavored with malt, and some with amaretto. Transfer each to little baggies, cut an edge and pipe onto large spoons.

You can also serve a signature cocktail. Use a ten dollar cava, a Spanish bubbly, along with orange juice that's been mixed with amaretto. Just like that, you have an Amaretto Mimosa.

You can find more tips by visiting www.epicurious.com/articlesguides/holidays/newyearseve/newyearseve.

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