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Gong Xi Fa Cai! Chinese New Year is all about reuniting with your family, friends and loved ones. But as prices soar*, is it possible to plan a great Chinese New Year gathering without breaking the bank? 

 

Read on to know “huat” budget-friendly party options you can consider to welcome the Year of the Rat. 

Option 1: Eating out for 5 to 10 pax (estimated cost: RM50 – RM100/pax) 

For small gatherings, it’s great to go out to eat. You’ll get to enjoy new dishes and there’s no clean-up to worry about. But it can be expensive to book a table during Chinese New Year, so be sure to check out CIMB dining deals and get the best bang for your buck, like complimentary yee sang at Pantai Seafood.

 

You can also think out of the box and go to a non-Chinese restaurant. They’ll usually have Chinese New Year deals and even provide yee sang with their own special twist. Look for CIMB dining deals like 50% off Dorsett, or 15% off at Chakri Palace.

Option 2: Pot luck fun for 10 to 30 pax (estimated cost: RM30 – RM80/pax)

Bigger parties are perfect for potluck. Share the cost of CNY dinner by setting a budget or a list of foods your guests can bring, and the amount they should prepare. For example, each person could bring enough for 3 people.

 

Thinking of ordering takeaway and yee sang from a delivery service? Check your credit card deals for any cash back or discount benefits. If you prefer to cook some dishes yourself, you can save on groceries with CIMB deals at Tesco and HappyFresh.

Option 3: Open house for 30 pax and more (estimated cost: RM30 – RM60/pax)

Want a massive party with friends, colleagues and extended family? Catering can be very convenient, but it can also be expensive. Get a cheaper deal by looking for a catering service that supplies just the food and set the food out yourself. 

 

Alternatively, you can cook everything yourself, ask your guests to pitch in for the catering or cooking, or order takeaway. You can even mix it up: cater some of the food and have special dishes delivered, and top of the spread with more of your own cooking. 

Don’t forget the “Ong” decorations!

This year, why not be sustainable and re-use the decorations from last year? You can also create your own CNY decorations using materials that you already have. You can save budget this way and only purchase decorations that are specific to Year of the Rat.   

 

You don’t need to empty your wallet to throw a party everyone will love. Remember that your guests will be there for the company. Make sure you stay within budget, but also remember to relax and have a good time. 

This article is brought to you by CIMB as part of our ongoing efforts to raise the level of financial literacy among Malaysians. Financial knowledge and understanding are key to making well informed and meaningful financial decisions that will improve all our well-being. This, in turn, achieves CIMB’s purpose of advancing customers and society.