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New Years eve, the day that we celebrate the beginning of the upcoming year is held on December 31 in many countries. In New Zealand and other countries all over the world it is celebrated with social gatherings where people have fun, dance, drink, eat and watch fireworks. Celebrations usually go on until past midnight, because the highlight of the evening is when the clock shows 00:00, so that the new year has officially started. Another very common thing to do is to close of the year with new years resolutions for the upcoming year. It's also a great time to enjoy sales on new promotions, products and offers, so be sure to take advantage of this. In New Zealand, the most famous celebration is the "ball drop", which is held in New York City. At 11:59 PM a huge Waterford crystal ball is lowered down from the roof of One Times Square and reaches the roof of the building exactly 60 seconds later. The moment the ball reaches the building it's 00:00 and it's the signal that the new year has officially started. This event has been held since 1907 and has over 90,000 people attending each year. Next to that, televison and radio broadcast festivities from all over New Zealand, so you can be at home and still join in to the big parties all over the country. Another notable celebration is on the Last Vegas Strip, where they close of all streets and hold spectacual firework shows.