Research has revealed that the majority of us will be having a quiet night in tonight. The New Year's Eve wild nights out on the town have given way to a nation in their slippers watching the fireworks on the TV from the comfort of the sofa.
So why is this tradition being shut down?
Research from vouchercloud.com found that only 42% of people will venture out tonight. Some 27% will not do anything at all to celebrate the start of 2014, but will retire to bed with a mug of cocoa thanking their lucky stars that another tough year is over.
Meanwhile, only 15% will be out at a pub or restaurant, 18% will be at a bar or a club, and 9% will go to some sort of organised event.
Fortunately this doesn't mean that celebrations are over entirely, because 73% will do something in order to see in the New Year. It's just that by far the most popular activity will be celebrating with family and friends in someone's lounge.
But why?You only have to look at the money people are planning to spend to see why many of us can't afford a night out. The average person expects to spend £98 going out to see 2014 in, with 72% of people saying that alcohol will be their biggest expense. To add insult to injury, on such a big night 41% of people expect to have to pay to get in somewhere.
And it's not just the cost, 38% of those who are doing nothing claimed that New Year's Eve was 'over rated', with 27% saying that they felt that they were 'forced to have a good time', which often wasn't the case and led to disappointment.
The problem with such a busy night is that many people have to plan plenty of time in advance in order to get a table or a ticket anywhere. Matthew Wood of vouchercloud says: "Too much planning can often be the undoing, which means that the anticipation for New Year's Eve frequently see it end up as a bit of a damp squib!"
Others will head out early to get a table, start drinking at 6pm, and find themselves either in serious trouble by midnight, or fast asleep under the table. And still more will find themselves crammed into venues, queuing outside in all weathers, waiting hours for a round, and wondering why they bothered
But what do you think? is this the end of the traditional New Year's Eve on the town, or will there always be those willing to brave the crowds and the cold for an impromptu singalong and a kiss from a stranger?