If you’re anything like me, you find yourself ogling over all the hand-dyed yarn collections coming out around the holidays. There are so many talented dyers who pour their time and effort into carefully curated collections of squishy, dreamy yarn. As much as I would love to buy every set of luxurious wool from independent yarn dyers, let’s face it, we’re on a budget! Thankfully, I have a few go-to options when looking for high-quality, affordable yarn with an extensive color selection! Keep reading to see my favorite budget-friendly holiday color palette picks!
I always make an effort to support independent yarn dyers when possible. One thing I’ve realized is that even though I obviously can’t afford to buy all of the hand-dyed yarn that I desire, I can still be inspired by all of their magical goodness.


After sucking up the fact that a full set of hand-dyed holiday yarn just isn’t in my budget right now, I decided to create some festive color palettes using my favorite affordable superwash merino wool yarns from KnitPicks and Lion Brand. These cheerful colors provide me with endless joy as I knit and crochet holiday projects through the season (without breaking the bank)!


Patterns shown above: Mini Campfire Beanie Ornaments by me, and Granny Ornaments Stocking Pattern by StitchSisterCo.
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Yarn
I selected two of my favorite affordable yarn options to help me find my perfect holiday color palette. Superwash merino wool is a great option for winter projects because it has the soft and warm qualities of wool and is easy to wash and care for.
KNITPICKS SWISH DK
The first yarn line I chose is Swish DK from KnitPicks, a DK weight 100% fine superwash merino wool yarn that comes in 50-gram skeins. Swish DK is available in over 40 colors, making it easy to find your perfect color scheme! Swish has many bright, bold color options, along with all the essential neutrals, perfect for creating trendy, colorful holiday projects.
KnitPicks Swish also comes in thicker yarn weights if you’re looking to make extra cozy winter goods! The Swish yarn family was one of my top choices in my “Top 10 Best Yarn and Crochet/Knitting Tools of 2023” product roundup! Feel free to read my blog post to learn a little more about this yarn and why I love it!
Lion Brand Collection Superwash Merino Yarn
The second yarn line I chose for my holiday color palettes is Lion Brand Collection Superwash Merino Yarn, a DK weight 100% fine superwash merino wool yarn that comes in full 100-gram skeins. The colors in this yarn line are softer and more neutral, perfect for adding a chic, sophisticated touch to your holiday projects.
Where are my fellow yarn fanatics!? If you love (or maybe are slightly obsessed with) yarn like me, I have a growing series of yarn and crochet/knit product reviews just for you! Click here for more yarny posts!
Color Palettes
Swish DK
Merry & Bright Color Palette


Cozy Winter Color Palette


Christmas Tree, Santa Baby, and Retro Christmas Color Palettes



Frosty and Merry Berry Color Palettes


Lion Brand Superwash merino
Holiday Cheer, Cozy Cabin, and Classic Christmas Color Palettes



Snow Day and Starry Night Color Palettes


Which color palette is your favorite? Let me know in the comments below or share your ideas on social media! @noelebellecrochet

Patterns shown above: Mini Campfire Beanie Ornaments by me, and Granny Ornaments Stocking Pattern by StitchSisterCo.
Project Inspiration
Are you wondering what projects to make with your favorite holiday color scheme? You can always get creative with colorwork using your favorite sweater, beanie, sock, or blanket patterns. Granny Square projects are also great for combining multiple colors, and if you’re planning on making gifts, ornaments and coffee cozies are fun projects that work up quickly! I’ve listed some more recommendations for winter/holiday knit and crochet projects below!
Keep in mind that the patterns shown below might require different yarn weights than what I have recommended in this blog post.


Looking for a fun, festive holiday crochet pattern that’s super quick & easy? Try my new, free Mini Campfire Beanie crochet pattern!
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