This year, a lot of us barely have money to buy presents for our family, let alone a new dress for every party we're invited to. Even the "bargain-picks" in fashion magazines are too rich for my blood!

Luckily, you can completely transform last year's party look -- for free (well, practically for free, depending on your beauty stash). How do you do it? With hair and makeup of course! With these looks below (and a few more hairstyles here and makeup looks here), no one will even notice that you're wearing last season's styles, they'll be too mesmerized by your gorgeous face and hair. Check out some of our favorite looks below, click on them to see step-by-step how-tos.

The best part: the looks use products you likely already own (or can get with a quick trip to the drugstore), so you'll save cash and shopping time!

Hair Look 1: Taylor Swift

Don't you just love the soft curls in this faux-bob? Whether your hair is naturally curly or not, it's a snap to do. Check out the step-by-step here. (Bonus: This works for practically any hair length too!)

Makeup Look 1: Rihanna

Rihanna's bronze eye is a fun twist on the typical gold and silver makeup looks, so you're sure to stand out! See how to get the look here.

Hair Look 2: Lucy Liu

This romantic side-pony is casual enough for happy hour with your colleagues, but dressed up enough for a swanky bash. Find out how to do it yourself here.

Makeup Look 2: Jessica Alba

This berry-toned lip is so winter-appropriate, and this how-to will show you how to get it and keep it intact all night long. Check out the step-by-step here.

Want more hair and makeup inspiration? You came to the right place!

Click here for eight more hairstyles.

And click here for eight more makeup looks.

Party on, dude! (Sorry, this reference, like my dress, is pretty dated, but the hair and makeup is current, I swear.)