Money-Saving Tips for Food and Drink Expenses

May 20
07:53

2024

Astrid Hermanssen

Astrid Hermanssen

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In today's fast-paced world, dining out can often seem like the most convenient option. However, frequent restaurant visits can quickly add up, straining your budget. Fortunately, there are several strategies you can employ to reduce your food and drink expenses without sacrificing the pleasure of eating out.

Opt for Water Instead of Soda

Soda is one of the most marked-up items on any restaurant menu. On average,Money-Saving Tips for Food and Drink Expenses Articles a single soda can cost around $2, and some establishments don't even offer free refills. For a family of five, this can add an extra $10 to your bill. Opting for water not only saves money but is also a healthier choice. According to the Centers for Disease Control and Prevention (CDC), sugary drinks are a significant contributor to the obesity epidemic in the United States.

Skip the Desserts

Restaurant desserts can be almost as expensive as the main course, and they are often not finished. Instead, consider having a sweet treat at home or buying a whole cake or pie from the grocery store. A whole pie or cake can cost less than four slices at a restaurant, offering better value for your money.

Share Large Entrées

Many restaurants serve large portions that can easily be shared. This is especially useful if you have children. Instead of ordering a separate kid's meal, you can ask for an extra plate and share your meal. However, be aware that some restaurants may charge a fee for an additional plate. Sharing not only saves money but also reduces food waste.

Utilize Kids' Night Offers

If you're dining out with children, look for restaurants that offer free or discounted kids' meals. Many establishments designate one night a week as "Kids' Night," where children under 12 eat for free. Additionally, some restaurants have special kids' menus that offer smaller portions of adult meals at a reduced price.

Take Advantage of Limited-Time Specials

Many restaurants offer limited-time deals such as buy-one-get-one-free or two meals for a set price. Daily specials are also common, where one meal is offered at a discounted rate. Some places even provide a free appetizer or dessert with your meal. These specials can significantly stretch your dining budget.

Use Coupons and Gift Cards

There are two types of coupons to consider when dining out: downloadable coupons and purchasable gift cards. Websites like Groupon and RetailMeNot offer downloadable coupons for special savings or free items with your meal. Additionally, you can buy gift cards or certificates online that offer more value than their purchase price. For example, a $25 gift card might allow you to spend $50 at the restaurant.

Interesting Stats

  • According to the U.S. Bureau of Labor Statistics, the average American household spends about $3,459 annually on dining out.
  • A study by CNBC found that Americans spend approximately 18% of their income on dining out.
  • The National Restaurant Association reports that 90% of Americans enjoy dining out, with 56% of adults saying they eat out at least once a week.

Conclusion

Dining out doesn't have to break the bank. By making smart choices like opting for water, sharing large portions, and taking advantage of special offers, you can enjoy the convenience and pleasure of eating out while keeping your expenses in check. Remember, a little planning and awareness can go a long way in saving money on food and drink expenses.