WHEN in doubt, choose booze. We do.

And since penny-pinching had us stressed about picking between the prettiest New Year’s Eve party dress and the perfect party, we decided we wanted both.

And you should too.We scoured the stores for the best in frugal frocks and bargain accessories, without sacrificing an ounce of festive 2009 style.

Here are our favorites – the best in glitz, glamour, sequin and sparkle all for under $200.

PHOTOS: Dressed To The ’09s

MORE: Guide to NYE in NYC