Free events in Toronto will help you ring in the new year on a budget. While there are plenty of costly parties happening in the city, why not opt for something that won't break the bank? Instead of putting a pile of cash towards tickets, drinks and party apparel, head to the Harbourfront or Nathan Phillips Square for a cost-free alternative on the 31st.

Here's a roundup of free events in Toronto this week.

IISuperwomanII Meet and Greet at the Skittles Holiday Pawn Shop (Dec. 28)
On Monday, pay a visit to the Skittles Holiday Pawn Shop to meet Torontonian/YouTube sensation Lilly Singh. Remember to bring your unwanted Christmas presents with you, the shop will swap 'em for Skittles.

Dave Bookman's Nu Music Nite (Dec. 29)
Shoeless Monday may have been cancelled this week at the Horseshoe in favour of an Electric Six performance, but you can still get your fill of free indie music on Tuesday. Eight Five Two, Custom Tease, Kandy Face, Countless Numbers and The Owns will all be performing.

New Year's Eve Skating Party (Dec. 31)
Toronto is filled with NYE parties, but if you want to save your pennies, this Harbourfront bash is a tried and true option. You'll get to brush up on your skating skills while a DJ plays 2015's greatest hits - remember not to pre-game too hard or you'll be falling more than usual. If you can't make it down to the water, a similar party is happening at Nathan Phillips Square.

NYE @ Dundas Video (Dec. 31)
If you want more of a party atmosphere (or just aren't that good at skating) head to Dundas Video for New Year's Eve bash with no cover. King Rustic and Firkin on King are also hosting free soirees, if you want to party hop.

Festival of New Formats at Comedy Bar (Jan. 2-6)
Comedy Bar's Festival of New Formats brings Toronto's funny men and women to the stage for five nights of performances at the beginning of January. You'll get to catch experimental sketch, improv and stand-up shows without dropping a dime. It may not have the star power of JFL42, but you'll probably get in a few laughs.

Have a free event you'd like to plug? Submit it to our Toronto events calendar using this form.

Photo courtesy of the Harbourfront.