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Save money on Christmas Day gifting, dinner, and entertainment with a DIY Christmas Eve celebration instead. Use the listed suggestions for a budget-friendly Christmas Eve party. Wrap It Up

Invite guests to bring wrapping paper gifts and a potluck dish. Crank up a CD of Christmas Rap songs and traditional holiday favorites to sing along with while wrapping gifts. Swap wrapping paper with each other to mix things up. Silent Night

Host a caroling party. Print the lyrics of classic Christmas songs for family and friends. Serve guests a hot entrée of soup or chili, before heading out for some old-fashioned Christmas caroling. Return home for hot toddy, cocoa, and eggnog. Tree Trimmers

Trim the tree with a little help from your friends. Order Chinese takeout or pizza and setup the tree. Play Christmas Music, string popcorn, and help the kids make handmade ornaments with art paper and glitter. Do a gift grab bag exchange or give each guest a keepsake ornament to take home. Ugly Sweater Party

Host an ugly sweater party on Christmas Eve. Have a contest for the ugliest sweater. Give the winner a wrapping paper organizer or a basket of Christmas bows, ribbons, tape, and gift tags (available at dollar stores). Take a group photo and post it to social media websites. Buy a bucket of chicken with sides, and serve with soft drinks, beer, and eggnog.

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