My usual rule for quests is I can spend as many LP as I want as long as I end up with just as many as I started with. This time since I was not looking forward to another three weeks with a clock ticking I was going to just wait for a week or so to do it. That didn't work. I made it just one day before I opened my game and tapped on those dancers.
I had over 1,000 LPs earmarked for new Christmas items - which, you all know, didn't happen (

) so I decided that I was going to just use them instead of horde them.

I had already set 3 sims up with hibernating and growing the pumpkin. And I would grind for LP during the 30 minutes for tasks that were x hours and 30 minutes.
All in all it took me a little over a day to get through the quest and the two hobbies and I still ended up with more LPs than I started with. I might be crazy but I was planning on binge watching Friends on Netflix that day anyway!

And it's been nice not having to worry about a time limit.
Edit to fix 'you know' to 'you all know'.