[AskFinance] How often do you eat out, and does that impact your finances? - eviltoast

Asking the question as it seems to be a recurrent issue among finance-aware people.

Also if people have tips to save money on eating out or cooking, feel free to share!

  • rar@discuss.online
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    1 year ago

    If you don’t mind sharing, how much do you spend on your food (eating out) compared to your income? Compared to other essentials like house/apartment?

    • bakachu@sh.itjust.works
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      1 year ago

      So to share a little more, the $15-25 per day spend isn’t the entire food spend picture for me. I typically will have at least 3-5 social/splurge events per month that will range between $60-$120. I live in a HCOL area so my housing cost is $3500/mo. If we calculate on the higher side if things (5 days × $120, and 25 days × $25), I spend about 35% of my housing cost on food so it is significant. However, it’s also the main source of my social entertainment so I justify my spending based on both that and eating necessity. I try to keep my daily food spend on the lower/reasonable side because I know I’ll have my splurge days.