How Do I Host My Family Without Spending a Bunch of Money?

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How Do I Host My Family Without Spending a Bunch of Money?
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An age-old holiday question

Photo: L. Willinger/FPG/Hulton Archive/Getty Images My spouse and I just bought our first home, and we’re excited to have our family here for the holidays. My sister and her boyfriend are coming for Christmas, and then my in-laws are coming for a few days after that . We’re happy to have them here, especially since we weren’t able to see each other last year, and it’s cool to be able to host after years of living in a one-bedroom apartment.

While homeownership is an exciting milestone, it is also stressful. A mortgage is no joke. Even if the monthly payments are well within your means, it’s still nerve-racking to have so much money tied up in one place. This is known as being “house rich and cash poor,” and it’s especially common among new homeowners who drained much of their savings to afford a down payment. This is all to say: You are not alone in your anxiety and, hopefully, your family members will understand where you’re at.

If I were in your shoes, I would frame it as a potluck situation and assign each guest a category or meal that they should plan to bring, make, or buy . Feel free to be direct about this: “Could you bring wine for Friday and Saturday? We’re having chicken and lasagna.” Alternatively, if you want to be more collaborative, you could offer choices: “We’re hoping to split up some of the meal responsibilities.

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