Have you ever dreamed of spending New Year’s Eve watching the ball drop in Times Square? Well, you’d be ringing in the new year as you empty out your wallet.  A Times Square Official NYE Party Pass will set you back over $250 and the few hours you’ll spend in your hotel room will cost a bare minimum of $329 according to hotels.com .

What’s a better way to start off a financially healthy new year?  Check out your local area for a First Night celebration that is family-friendly and low or no cost. Last year, I had a great time ringing in 2013 at the First Night St. Pete, where fireworks at midnight (and at 9:30 pm for kids) and live music provided me with free entertainment.

If you’d rather stay in, grab a bottle of Andre champagne for around $7, which due to its low price is probably why it is America’s number one selling California champagne. Then invite over some friends and neighbors to watch the ball drop in Times Square from the comfort of your own living room. It’s a much cheaper (and probably safer, too!) New Year’s Eve celebration.

How about you? Do you have any plans for an inexpensive New Year’s Eve adventure?  Share your ideas by commenting below.