You can live cheap but live rich. What that means is that there are ways to save a considerable amount of money every day without changing the quality of your life. A great example is eating out.
It is estimated that the average person in the US eats out between 16 and 26 times per month. That means that on average most people eat out on the high side almost once per day and on the low side at least once every other day. Eating out that much could be quite expensive, but there is a way to cut hundreds maybe even thousands of dollars off of your yearly food budget while you continue to eat out as often as you do now.
The secret to saving while you eat out is to watch the beverages you consume at those meals. If you can forego or substitute your choice of beverages you may be able to make a considerable difference in your yearly food budget.
If it is assumed that the average person eats out between 26 and 16 times per month then let’s for illustrative purposes use the number 20. Let’s look at the beverage cost for those meals out.
If you consume a soft drink or ice tea at your meals then you are spending about $2 for your beverage. If you do that at every meal, and we use the number 20 for the number of times you eat out each month then you are spending $40 per month on those beverages. Over the course of a year you will have spent $480 dollars. If there are two of you, then between both of you, you will have spent $960 over a year for your beverages. That’s almost one thousand dollars.
What if you ordered tap water instead of your regular beverage. If you do that, you just saved yourself almost five hundred dollars a year. Two of you would save almost one thousand dollars. One thousand dollars in your pocket, just from ordering water. Can you imagine a family of four? A family of four would save almost two thousand dollars!
Ordering water instead of soft drinks can save a family almost two thousand dollars. The same can save a couple almost one thousand dollars. The best part, you don’t have to change the number of times you eat out or where you eat out. You can save a substantial amount of money without really changing your quality of life. In fact, your quality of life will improve for two reasons. First you will have more money in your pocket. Second, you will be healthier substituting water for soft drinks.
This is just one more way you can save substantially without sacrificing your quality of life. One more example of how you can live cheap but live rich.
Living cheap expert Scott Siegel can show you how you can live cheap! Learn how you can master the art of cheap living. See how in the guide to living cheap. Visit LivingCheapGuide.com
