Saving Money on Entertainment

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Even though you must maintain a strict budget, you are human and are social animal. You enjoy going our and about on the town with friends. You do like to partake in adult libations when you visit a bar or nightclub.

 

There are techniques you can utilize to drink at bars and nightclubs and not go financially overboard. In other words, there are some specific strategies that you should bear in mind when it comes to saving money when you go out for a night on the town.

 

Enjoy Happy Hour

Liquor laws do vary from one state to another. With that said, in many jurisdictions in the United States, happy hours are lawful and provided by many bars and nightclubs. One way that you can save money when head off to a bar or club is to take advantage of happy hour.

Historically, bars provided happy hour in the late afternoon and early evening. Nightclubs hosted happy hour in the early evening. In recent years, many bars and clubs offer a twice a night happy. These establishments have happy hours both in the early evening (or later afternoon for bars) and late at night.

 

Take Advantage of Drink Specials

When visiting a bar or nightclub, inquire as to what drink specials are being offered. You may not always be able to find a drink or alcohol type that appeals to you. However, oftentimes you will be able to find a bar special that is appealing to you. In addition, if you at adventurous, you may be able to discover a new adult libation that you end up enjoying a great deal. You can save what amounts to a considerable amount of money by taking advantage of drink specials.

 

Purchase Cheaper Beverages

If you are like most people, you have favorite adult libations. These may be more expensive than well selections. You can save what can amount to a considerable amount of money when you go out and about on the town when you select lower cost alcohol — well alcohol. The price different can be a couple of dollars to upwards to $10 or more per serving.

 

Pair Up an Adult Beverage with a Water

You can save money on your bar tab if you pair up each cocktail, beer, or wine with a glass of water. This slows down your drinking, and fills up. In addition to saving you money, this strategy also keeps you hydrated while enjoying alcoholic beverages. It also is likely helpful in lessoning the symptoms of a hangover if you do end up drinking a bit too much when out on the town at a bar or nightclub.

 

Beware of Costs of Local Craft Brew

Supporting local businesses is important. However, if you are going to purchase local craft brews while enjoying a night out, you need to be aware of what you are paying. You may be like many people who think domestic beer when you purchase locally.

Yes, you technically are buying a domestic beer when you purchase a local craft brew. However, you will be paying a premium price for the brew, unless the venue is offering some sort of special.

 

Drink at Home

A solid way of saving money on you bar tab is not having one at all. In other words, rather than party with your friends at a bar or nightclub, stay home and do it there. You truly can save a notable amount of money if you visit the neighborhood liquor store and imbibe with your friends from the comfort of your own home. This is not a permanent solution. However, by partying at home sometimes, you can save more money to be used when you elect to go out on the town.

 

Take Cash Only

Time and again, people partying in bars and clubs rack up surprising bar tabs because they use credit or debit cards to pay off their obligations. When you are not handing over cash to a bartender, you easily can lose track of how much money you are spending while on the town. For this reason, when you intend to spend time at a bar or club, bring along only case. Make all of your alcohol purchases with cash.

 

“Pre-drink” at Home

Before heading out for a night on the town, have a drink or two at home. This can help you get relaxed for a fun night out on the town. You can also knock down your bar or club bill when you do drink at least a bit at home before going out.

 

Jessica Kane writes for TIPS Alcohol Training, offering TIPS responsible alcohol service training online for both on and off premise needs.

 

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Financial Fitness: How To Stay On Track

Financial-Fitness

Keeping your finances on track isn’t always easy, especially if you have a family or past debts such as student loans. It can be difficult to make sure your money is going to the right places every month; many families have to make tough decisions about whether they can spend money on entertainment or pay the bills on time, while others owe so much to credit card companies that they can barely stay afloat.

Staying financially fit is a hard job made even more difficult by the fact that the cost of living doesn’t always line up with our salaries. Thinking about planning for your kids’ futures–and for your own retirement–can be incredibly stressful, and can even lead to depression. Learning how to stay on track when it comes to how much you’re spending and saving can be really beneficial in so many ways; keep reading for some great tips on how to get started.

 

List your debts

You probably have a good idea of where your debt lies; for many people, it’s mostly credit cards and student loans. However, you may be surprised after listing each debt and the amount owed on a piece of paper. Having a general idea of your finances and seeing them in front of you are two very different things, and it’s important to have a good handle on everything you owe, from department store credit cards to medical bills.

 

Create a budget

Creating a budget is always a little harder than it sounds, especially if you have a large family. The best way to get started is to look at your monthly expenditures first; go through your checking account and look for recurring charges. Add up everything you spend in a month and compare it to your income, then look for ways you can save money on each of those items. Gas, for instance, can be a huge expense if you live far away from work or have to shuttle the kids to and from school and activities. Carpooling, using public transportation, and riding a bike are all great ways to save money there (and they are much better for the environment). If you enjoy eating out often, cut back by taking your lunch to work or school, and maybe save one night a week for a dinner splurge.

 

Set a goal

It can be really easy to keep spending the way you have been if you don’t have a goal set. What is the most important financial goal for you? If it’s saving for your child’s college fund or buying a new house, start a savings account specifically with that in mind. Be realistic when setting your goal, and look at your budget to see how much you can sock away each payday without it affecting you negatively for the month.

 

Look at life insurance

No one wants to imagine that one day they won’t be with their families, but making sure you have a great life insurance policy can factor into your financial wellness and sustain your loved ones even after you’re gone. Not only that, you can sell it to help pay for your retirement down the road if that becomes necessary and if your life insurance policy is no longer beneficial to you or your loved ones.

Staying on track financially takes some work, but there are ways to do it without creating stress and heartache for you and your family. A good plan can go a long way, so talk to a financial advisor to figure out the best ways to save and make responsible decisions.