Four Ways Couples Can Minimize Their Socializing Expenses

Sun, Mar 13, 2011

Budgeting, Financial Advice

A lot of reasons why many of us don’t socialize as often as we could is because we have a hard time doing so in a cost-effective way. Going out for dinner is really expensive, and so is buying drinks. Likewise, doing fun activities, like going to a sports event or watching a play, can also be expensive. Finally, there’s the cost of transportation to and from your destination, whether you’re going to the city or want to take a winery tour.

But just because these things are expensive, it doesn’t mean you have to give up socializing with your friends or having fun. Here are a few ways to cut down the cost of socializing while still doing all of the fun things you and your friends want to do.

Only Pay for Your Share

The first thing you should do is make sure you pay for your share. In other words, don’t evenly split the check. When you go out to dinner, you might buy something less expensive than your friend, but if the group decides to just split the check evenly to save time, you might actually be paying more than you had expected to. In these cases, you should stand your ground and insist that you be able to pay what you owed.

Look for Coupons and Other Discounts

With the advent of social media coupon and daily deals sites, you should always be on the lookout for internet deals, especially for groups, that will let you shave off some expenses. Some of these deals can save you up to fifty percent of the original price. In these cases, it’s great to be able to buy several coupons or discounted packages for your group.

Host Events

Another way to minimize your socializing expense is to host events at your own place. This will cut down on the cost of traveling to and from the restaurant or movies, and it will also minimize the service costs of eating at a restaurant. Of course, you’ll have to budget wisely for you food and drinks, though you can always request your friends to bring one of each as well. That way you spread the cost to everyone. Also, let a different person host the party every time so that the cost further spreads out evenly.

Plan Ahead

One way that socializing expenses can get out of hand is if couples don’t plan their evenings ahead of time. If you don’t plan out your evening, it’s easy to get distracted by something that looks great, but might turn out to be more expensive than you are able to afford. Nothing’s more embarrassing than walking into a restaurant, only to have to leave your table when you see the prices on the menu. Furthermore, planning out your evening will help you in not staying out too late and incurring extra expenses, such as an expensive cab ride home.

This guest contribution was submitted by Katheryn Rivas, who regularly writes for online universities. She can be reached via email at: katherynrivas87@gmail.com.

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