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Cutting Back on Dining Out Can Save Big Bucks

Created: On October 30, 2008 @ 3:49 pm In

Recently my family went to a diner and noticed that the menu had changed. Previously they had offered dinner specials that included an entrée, soup, salad, and dessert all for one price. But that day, the menu indicated that you had to pay an extra $3 for the soup, salad, and dessert. My theory is that too many people were buying the dinner combos and splitting them to save money, so the diner decided to charge more to make up for lost sales.

Whatever the reason for the price increase, it’s just another example of how food costs have gone through the roof this year. That’s why many people are cutting down on eating out or dining at less expensive restaurants. About 43% of those polled by [1] Booz & Co. said they are eating out less because of the economy, and 35% said they are packing their lunch to take to work.

Cutting back on dining out will definitely help you keep more money in your pocket. Consider this: If you normally spend an average of $6 on lunch every day but decide to pack your lunch 3 times a week, you’ll save about $18. Over the course of one year that will add up to $936. Making just that one small change will give you almost $1,000 that can be used to pay down debt, make a mortgage or rent payment, or pay for a host of other things.

About the Author:

Francine L. Huff is a freelance journalist and the author of [2] The 25-Day Money Makeover for Women. She has appeared on a variety of TV and radio shows.

Article printed from DebtHelp.com Blog: http://www.debthelp.com/blog

URL to article: http://www.debthelp.com/blog/2008/10/30/cutting-back-on-dining-out-can-save-big-bucks/

URLs in this post:
[1] Booz & Co.: http://www.booz.com/global/home/press/article/42738725
[2] The 25-Day Money Makeover for Women: http://www.huffwrites.com/