1 in 4 Americans plan to skip Thanksgiving this year to save money.

quote:

---

For many, the increased financial strain comes not only from inflation but also from job insecurity. Over half of those surveyed reported losing their job within the past 12 months (53%). And unsurprisingly, those who did were less likely to plan on celebrating Thanksgiving this year. However, they were significantly more likely to celebrate Friendsgiving, which seems to come with a more budget-friendly menu. Only 24% of Friendsgiving celebrators planned on having turkey, an item that’s sure to be more pricey this year compared to last. Instead, pizza was the top choice (33%).

---

quote:

---

Many of this year’s Thanksgiving hosts are keeping things simple and affordable by sharing the load. Over half of respondents planned to keep gatherings small, make fewer dishes, and ask guests to bring something to the table. Another 42% were willing to ask guests to pitch in money for the meal. Gen Zers were the most likely to use all four strategies to keep costs down, while baby boomers were the least likely to ask guests to provide food, drinks, or money.

As for what hosts will ask guests to bring, 75% said alcoholic beverages. With the cost of alcohol increasing and the expectation that it will be part of the spread, hosts may be wise to ask guests to BYOB.

---

quote:

---

1 in 4 Americans plan to skip Thanksgiving this year to save money.

More than one-third of Americans will have smaller dinners this Thanksgiving.

More than 1 in 4 Americans will budget up to $100 for their 2022 Thanksgiving dinner.

88% of Americans are cutting at least one dish from their Thanksgiving table this year to save money

---