How Eating Out Keeps You Poor!

[@yaboijuan4052]

I went all cheap for 4 whole years. I never went out and didn't buy anything I didn't need. I saved up a lot. Enough for a house down payment. But I figured out that you only live once and enjoy your money while you can. You may not wake up tomorrow and all that money you saved up means nothing. Be smart with your money, everything in moderation is the key. Enjoy yourself but have a budget. That's my two cents 😁

[@wk3820]

Except for one problem: you still gotta retire someday!

[@davefx7949]

You may not wake up tomorrow......Imagine saying that every day and living to 80.

[@monkiram]

@Vanessa Louis We share all our finances. He does make more money than I do, plus I brought a lot of student debt and he brought none, so that adds to me feeling guilty about spending on myself or on things he doesn't care about... I just don't understand the idea of having so much money saved up and restricting ourselves from having fun. We're in our late 20s and have a mortgage, investments, he has a pension plan, plus more in the savings accounts so, to me, that's very comfortable. It could be because he grew up in a family with a lot more money so I guess he needs to have a lot in the bank to feel safe, while I grew up with my mom just covering all the bills, so to me, it feels like we're already rich lol

[@JonT1137]

You have to have a balance

[@Fluffypotato1990]

@@monkiram just because you have debt does not mean you should feel guilty he accepted that in marriage but all in all you gotta live life because yes nothing wrong with saving thats great what is wrong is spending your life just saving and not doing anything otherwise what is the point in life.

[@Breezyronn]

Im 24 now i came out of prison a year ago and like the first week i was out i started watching your videos and you guys taught me a lot. When i got out i didn’t have nothing.. not even my own clothes had to wear some of my brothers clothes. As soon as i got a job i took notes on all your videos and here im a year later doing better than a lot of people i know! Thank you guys I wouldn’t know where I’ll be without you guys ♥️

[@quantamuon]

Keep going! You got this!

[@lucyn2000]

Fantastic!

[@redachraibi5993]

Keep it up brother. That being said, if you don’t know where you’d be without a KZbin channel, I’m worried about you. Everybody knows eating out is a big budget, but it’s something most people enjoy. Keep going out but be smart about your spendings. We only live once

[@CommanderRick]

maybe you can start a channel devoted to helping freshly released inmates on how to survive in the real world, since you've been through it.

[@ShaferHart]

Don't return to crime again bitch #ToughLove

[@ryanxwonbin7984]

I'm a waiter at a upscale steakhouse that charges you $42.95 for a ribeye steak with baked potato and some steamed vegetables. After finishing my work I went down the supermarket 2 blocks down and bought the same ribeye for $8.99 on sale, potatoes were 89 cents a lb, and other vegetables also at insane cheap prices. The Merlot we sell for $40 is also $7 here. Yeah, you guys should stay home and cook. Throwing a baked potato in the oven and cooking a steak is brainless and is barely any work. But then I'd be out of a job so continue to spend away your money!

[@warmandfuzzyinside]

tell them.

[@M0rdFustang]

That's why I never eat steaks when I go out, it's cheaper at the market and I can cook it exactly how I like it 😁

[@luisoar1277]

Lol!

[@paolahernandez6733]

You have inspired me to cook a steak dinner.

[@madthumbs1564]

~10 years ago I could get a NY strip steak dinner for $7.50 (+tip) that was cooked perfect! Now I can get one for ~$12. It would not be worth my time, money or energy bill to do it myself. I've similarly found all you can eat crab is cheaper at buffets, or all you can eat clams at some bars (if you work hard and eat like I do). -I'm a professional cook and I say that even professionals most of the time don't do your steak as good as it could be for lack of knowledge. Doing a good Flank, Eye Round, or Tri-Tip takes technique which can include some knife skills. I don't simply throw a potato in the oven; I pressure cook it then air fry (or convection oven) it. The average person sucks at cooking, and I think there's more money to be saved by fixing your own car and home. The more people make; the more they tend to waste.

[@CNDCarManiac]

Honestly working in a kitchen in the restaurant industry has overall saved me a lot of money not just the free food but probably more importantly it ruined the experience just enough that I really don't eat at restaurants anymore 😂😅🙃

[@HamelinSong]

Please, I don't want to know.

[@NazriB]

Lies again? AMWF CAR Grab CDG

[@mariocoronel8445]

😂😂😂😂

[@vodkaboy]

Underrated statement

[@stout890]

no please tell me so i wont go out either

[@tyler6003]

Best financial advice my Mom gave me "There's food at home" lol

[@tyler6003]

@Howard Burns no one saying that now lol

[@samon_kurowassan]

@Howard Burns Nope, I'm with this guy, you should focus on earning adequate money rather than saving obsessively that you don't go out with friends because you don't want to eat out. If you want to live off coupons rather than improving yourself to earn more then go ahead.

[@tyler6003]

@Howard Burns I just know I could afford to eat out but I would rather save and spend that money elsewhere like investing or big vacations.

[@joeydodson287]

Great advice for someone living with their mom.

[@tyler6003]

@@joeydodson287 ???? Definitely not living with my Mom, not even in the same state. Theres always food at home and you can pick up a spatula and cook for yourself!

[@jeffleonard343]

Order water when you eat out! Drinks and alcohol will wreck your bill.

[@beast.k3]

Thats drink out then 😂

[@madthumbs1564]

Yes; bars have great food specials for 'eat in' because they make their money on drinks.

[@alexismisselyn3916]

I don't know where they got their 300% figure on the food, but usually restaurants get the majority of profits from drinks. 4$ cokes, 7$ still water and 25$ wine.

[@ambyjkl]

When friends invite me to eat out, I eat at home for cheap and sip water at the table.

[@MDC21122MWC]

Jeff Leonard no appetizers either!

[@michaellittlewood3032]

Example: " So glad our $10,000 kitchen remodel is finished. Well let's celebrate and go out to dinner."

[@chadkirk2977]

That’s amazing I never thought of that

[@luidgi4429]

Never thought of that

[@renerodriguez6300]

And ur house value don't increase and better yet decreases

[@gregvalunas6342]

OMG! That is SO us! LOL :)

[@UmaisBinSajjad]

Ur average consumer

[@JeffP00001]

I'd love to see an updated version of this video taking into consideration how much inflation has affected grocery prices.

[@NathanDowdyMedia]

Was just thinking the same thing

[@vengefulspirit99]

How would this change anything? Eating out will always cost more than eating at home. Numbers might change slightly but the ratios will be generally the same.

[@maddd_maxxx]

those inflated grocery prices inflate eating out prices too so this doesnt change anything

[@mahttteo]

restaurants do the groceries too, if you pay more for bread they are paying more for bread too

[@jamescrock2213]

80$ at aldis/lidl a week is enough to eat very fancy for a single person a week. hell if i just eat half foot subs for 9 bucks every meal.

[@TheBskids]

I have so many friends who eat out all the time. These are the same friends who always complain about being broke.

[@Ms.MD7]

Same here and one even had the audacity to tell us we don't have a life because we don't go out often and eat out

[@granitemoss1451]

YUP! Same ones who don't understand why I don't want to go out to eat with them all the time, but I have money for things that come up, both necessities and fun stuff...

[@UmmYeahOk]

Why do you associate yourself with such people?

[@ranevc]

Find friends who are into picnics.

[@madthumbs1564]

It can depend on how you do it. I eat at home because most of my food is coming from food banks or work now. Some places take a loss to get people in to consume other things like drinks. You can save gabs of money by fixing your own car, plumbing, electric.

[@andmo2020]

Two years ago I started cooking, I lost almost 40 lbs, doing the math I realise that I've have saved over $5000 Per year.

[@sambeezy007]

Have the amount to pay cash on a very good newish car

[@hiteshadhikari]

@@sambeezy007 this is the issue, saving money to just spend money without knowing the need

[@sambeezy007]

@@hiteshadhikari I agree. People (also myself) can at times waste money just because we have extra in the pocket. I learned how to save by first thinking of the worth of the item and how often I'll use it.

[@aarondavid9763]

When I was a teen, my older brother in his mid-20s gave me this financial advice: live with mom and dad as long as you can.

[@5ufo]

worst advice ever

[@FreeSpiritMom]

@@5ufo I agree lol

[@bshaw91734]

Lol

[@nakukohee1858]

@@5ufo Why is that? It's shelter and food unless you need to contribute

[@GooseFlerken]

Probably some asian live with their parents until their parents bought second home

[@kingbonezai4925]

I think there is a big difference between eating out every lunch and a dinner or two and eating out once as a fast casual or middle of line sit down restaurant as a date night if you are married. One is paying a ton for wanting something quick, another is investing in a relationship.

[@TheGreatWasian_]

Facts, I don’t even want to know how much money I’ve had to spend on my long term relationship girlfriend who is pretty much my wife

[@sierrasmith8722]

@@TheGreatWasian_ "had to spend" or wanted to spend?

[@TheGreatWasian_]

@@sierrasmith8722 it is pretty much a need to take out your girl on dates and pay for things occasionally. Get in a relationship and try to flake on the bill every time and see how far it gets you 🤣if it was up to me, I wouldn’t spend as much but tbh it’s just apart of being in a relationship sometimes and I would say it’s generally worth it

[@papiagua]

​@@sierrasmith8722you def do things you don't want to do from time to time to make someone happy or to do something you think the other person would want to do. Compromise, no need to debate semantics

[@agnusdeiquitollispecatamundi]

If you have money to squander, then go for it. But you have children, I'm lucky I ain't married yet.

[@tjykhr]

"A bottle of Our Daughter's College Tuition" Dead.🤣

[@TwoCentsPBS]

Lolzzzz. Glad you liked that one. : )

[@manujohn99]

Don't laugh too much.....that would be u soon

[@justSTUMBLEDupon]

LMAO 😂😂😂

[@tjykhr]

@@TwoCentsPBS I'd be surprised if no one else did. My parents are chugging that wine by the gallon this year so the joke really hit home for me. Kudos to you both (plus everyone behind the scenes, of course) and keep going!

[@robertoc.j.5563]

LOL

[@sal_strazzullo]

*Sits down to wait for the meal just ordered* *Receives notification "How eating out keeps you poor!"*

[@TwoCentsPBS]

LOLLLZZZZ

[@chelseashurmantine8153]

Sasino _ bahahahaaha

[@M0rdFustang]

😭😭😭

[@FidelCashflow13]

ROASTED

[@cutlery9831]

*tugs collar*

[@mradult6914]

Heres to you guys calling me on my bad habits again like a true friend should 🍻

[@TwoCentsPBS]

Lolz. We got your back!

[@escobyte]

✊🏿

[@Baker.Matthew]

If everyone was financial responsible wouldn’t the country fall into a recession causing many businesses to shut down and create higher unemployment? I guess we are lucky as an economy to have people who are bad with money.

[@LetsProblemSolve]

So true!

[@Baker.Matthew]

brjema1 no?

[@lucylara3566]

My daughter and her boyfriend love cooking meals together while they attended college. She often sent me pics and their meals looked like top dollar plates but not with the high dollar price to eat at restaurants. Her father and I taught her that cooking at home is always tastier, healthier and financially smarter!

[@MrCamel-mb3nd]

Your daughter is smartest in the planet! I bet she already saved millions of dollars and employed hundreds of people. Please never stop sharing what your daughter do in her personal life.

[@mumuzeze]

@@MrCamel-mb3nd who ate your lunch?settle down and eat a sandwich-it’s a comment section you don’t want to read then turn off the app and enjoy your day life is too short to be grumpy

[@oooh19]

Grocery prices are expensive too same with farmers markets small grocers big box stores etc

[@Geniere10]

That’s great but I must say that only in the west is this something to even harp about. In the east, it’s a given it is that natural to most.

[@Wahinies]

It also spoils you because with fresh ingredients, less salt, and less oil the food tastes better. These days the rare occasion I do eat out, I think how I can make it better. The only advantage is not having to procure, store, cook, then clean which I do need sometimes.

[@YouCallThataKnife253]

People who buy their coffee every morning are crazy. Not only is that an absurdly expensive luxury, but you can purchase much higher quality coffee beans for a fraction of what you spend at the coffee shop

[@Dollface98]

You Call That a Knife? I work at a Dunkin’ Donuts and you’d be surprised how many people buy their coffee everyday. A lot of people not only buy their coffee but their breakfast everyday too, sometimes spending up to 15 everyday

[@YouCallThataKnife253]

@@Dollface98 Oh, for sure. I live in the Pacific Northwest, we drink a grip of coffee out here, and I know entirely too many people who buy their coffee, daily (and usually buy some sort of pastry, too!)

[@Will-jg2zs]

@@athail3658 you missed the point of the video lol

[@francoisrd]

You Call That a Knife? Not to mention the garbage disposable cups produce

[@lovetobe6118]

Happy to not drink coffee. Water is enough for me! Definitely save a lot.

[@josehosev9142]

PRO TIP: Don’t eat, use the sun. Photosynthesis is a good way to save a lot of money.

[@aarondavid9763]

I like this comment. Rational but not.

[@Muchjoy..]

Or become a breatharian lol

[@vkngwmn6636]

intermittent fasting dude w OMAD (one meal a day)

[@tomlxyz]

Go green Literally

[@mightbyson]

I don't have chlorophyll. Can you lend me some?

[@Little_Nutmeg_Hen56]

Ive eaten out less and less over the years, but i still require dates with my husband. Nothing beats someone else making the food when your tired and just want to focus on each other.

[@annagiersz3314]

Of course :) I think they speak about eating out all rhe time? Which only people who afford it do it, let's be honest.

[@EMAN-tx7lp]

This is how I feel when I go to Waffle House

[@boyar1978]

What is even better is cookies all your meals for the week on one day and freeze them in plates that you can simply pop in the oven. Just imagine a medieval Lamb stew made like it was for serfs during the 1300s in Scotland flavored with beer and on a bed of oats. All you need to do is take the metal plate and pop it in your toaster for 10 minutes. I also do that with cookies. I make the dough and roll it up into a log and simply slice the cookies I want as if they were salami and then bake them in my table oven. If i want to make special ones for my girlfriend i shape them into hearts, smear caramel, and then dip them in chocolate

[@drewfeld836]

Also eating out is unhealthy compared to eating at home. You control the ingredients that go into your meals

[@pan2aja]

Covid has teach us the value of eating out 😊

[@theresemalmberg955]

Heard a guy complain today at the senior center how eating out all the time was just killing him financially. I tasked him why he didn't cook his own meals and he said he never learned how, his mother never taught him. I said my mother really didn't teach me a whole lot and she definitely did not teach me how to make a lot of the things I like to make because we didn't eat that kind of food growing up. What I did was teach myself, first starting out with simple quick things and then getting more complex as my skill level increased. I rarely go out to eat now and when I do, I often find myself thinking, I can do a much better job of making this at home!

[@goon8058]

This is a problem facing a lot of seniors, in particular men. Some of these guys have gone forty to seventy years without grocery shopping or turning on an element on the stove. Due to circumstances such as becoming widowed they are faced with the challenge of learning how to shop, prepare and cook meals for the first time. It's daunting, they are likely cooking for one as well so it becomes an easier choice just to dine out. Just getting them to buy deli meat and bread to make sandwiches or a bowl of cereal in the morning to help offset the cost of eating out should help them.

[@dirtyprancing5930]

It is wild to me how people will blame their parents for things until the moment of their death. Like, you have an excuse I guess, but it doesn't make your day to day life any better than someone who doesn't. At a certain point, you have to grow up

[@nailahdawkins]

@@dirtyprancing5930 THIS! It's like if a person is def middle aged stop relying on what you learned/didn't learn in childhood to get you through. He wasted a ton of decades when he could have been learning how to be self sufficient. There are cookbooks, podcasts, KZbin, and food blogs and him and so many others don't utilize it and the results are pitiful.

[@nailahdawkins]

Why didn't you follow-up with *what* he's doing now about it? That'd dig into how he can be accountable for himself instead of blaming what his mom decades ago never showed him. It's a poor excuse when he's old enough to learn how to figure cooking out, man or not.

[@theresemalmberg955]

@@nailahdawkins Because he's not doing anything about it. He doesn't want to be accountable for himself. Frankly I don't care if he cooks or doesn't cook, it's not my monkey and not my circus. And definitely not my pocketbook!

[@acasta403]

How to have more money: 1. Spend less money

[@GameFuMaster]

2. make more money There's always a limit on how much you can save.

[@aaronlandry3934]

GameFuMaster Yeah, but most people don’t think/bother to save money when they easily can.

[@GameFuMaster]

@@aaronlandry3934 sure, but people spend way too much time on thinking how they can save that extra $1 when it's easier to just find a casual/part time job so you don't need to be a penny pincher. I'm sure the hours people spend on looking for coupons could easily be spent on furthering their career or creating a side hustle.

[@aaronlandry3934]

GameFuMaster I’m not talking about coupons, I’m talking about needless spending. The Latte Effect adds up really quickly with even minor expenses. Want to save more money, don’t spend it on things that you don’t need

[@Coby1255]

@@GameFuMaster listen to Dave Ramsay some people make 120k+ still broke

[@dungbucket7922]

Why is Ryan Gosling doing budget/finance videos?

[@dineshjain678831]

Economy is slowing down. Another year and you will see depression creeping in. People need to save and become wise.

[@VivKittie32]

Dung Bucket 😂 Right? I did a double take, myself.

[@frieza1484]

he does what he wants, he's Ryan Gosling.

[@filipeverissimo444]

Asked myself the same question

[@alidaraie]

Obviously Ryan Gosling's been eating out too much

[@Idontknow819918]

Enjoy responsibly. Save while also living once a while.

[@ninawestlake5005]

I agree.

[@TheSunnySideofCoffee]

Yes! 👆

[@ktolwal]

since corona started i have been forced eating at home. i was a habitual outside food eater before this and just loved eating outside food for the variety I had packed on quite some pounds. i knew it was not healthy and i was wasting money. But still i used to eat out/ order But since corona i am eating at home. not only did i lost 10 pounds my skin is also looking fresh for some reason. and of course i saved a lot of money. And i guess even if this corona things ends in next year or so I dont think i will dine out or order in much. In a certain dark way, thanks to the chinese for corona. It has unintentionally helped people , plus everyone is now more focussed on hygiene which is a definite plus. On a last note the chick is really really cute. And i love a women ,who for once talks about saving money😜

[@Donnie-sg2cj]

ktolwal Not really, many people have put on weight from being at home. And her looks are irrelevant.

[@ktolwal]

@@Donnie-sg2cj the statistic supporting your theory maybe miniscule and subjective. one out of thousand "may" have gained weight.

[@sayancse]

This video completely changed my life. Ever since it was uploaded I stopped eating. Now I am a millionaire ghost

[@martinstoilov7923]

Nothing saves money like being antisocial person.

[@kitty4395]

Honestly a reason why I stop going out with friends too often 😬

[@goyonman9655]

✋✋✋

[@melissajbol5447]

@Thomas Headley I agree but I am constantly wondering if my time and money is really worth it in the end.

[@michaelabercrombie7698]

Not necessarily you just get the food to go.

[@Papeeshka]

Yeah it’s my favorite new thing

[@DojKim]

They say "you could die tomorrow and you wont take the money with you" but the problem is you didnt die and you are broke. Live in moderation, enjoy life ❤️

[@de3182]

That's always been our policy. We are comfortable and have a lot of savings and college funds for our 3 kids.

[@elgatomoscato230]

THANK YOU!!!!! I really thought I was the only one saying this

[@hsp6798]

lol. It amazes me how they have this yolo mindset. Even if you died with a bunch of money, you are better dying with more money than dying broke.

[@Canadian_Networth]

Yup. The people that say that I just think are total idiots now. Before they had a point but as we age it’s a cop out answer to not put in the work and get serious on financial independence

[@nothing.lasts.forever]

That's the thing

[@theCodyReeder]

Wait. 5 times per week?! Thats more than I thought people did. Shoot I was feeling guilty for eating out 5 times a year!

[@roberttucker1527]

You got no restaurants within 100 miles of your ranch Cody.

[@OmarDelawar]

That a boy! A soldier don’t need no fancy dinners.

[@rebekahmontesdeoca565]

Me too lol

[@Ricardo-bf6zj]

Cody, what are you doing here?

[@alexs1429]

Oh yeah Gf and I eat out 5x per week cause we suck at cooking and are lazy. Def makes a dent but we never eat at pricy places

[@IsabelleChloeScott]

HOW TO ACQUIRE WEALTH.

[@IsabelleChloeScott]

To attain wealth, the very first step is figuring out your goaIs & pIans, with the heIp of a financiaI pIanner and following through with InteIIigent pIans, you will gain attain in no time wealth and as weII enjoy the benefits of managing your money.

[@IsabelleChloeScott]

My decision on my finances was a great one (gathered over 1M in 2yrs) with heIp of my financiaI pIanner. Got my 3rd house yesterday and, hoping to retire soon.

[@IsabelleChloeScott]

Get to her, if you care.. Elizabeth Green Hunts

[@dorobokino]

"You shouldn't accept any large, regular expense without asking yourself 3 fundamental questions: 1. How much am I spending on this? 2. What do I get out of it? 3. Can I get the same benefit for less money?" Hands down, best financial advice ever.

[@ms6760]

Agreed. 👍

[@user-og9nl5mt1b]

With these questions, dating a women seems like a bad decision

[@hopeyouhaveagreatday8535]

@@user-og9nl5mt1b there're lots of cute dates' spots in nature!! walks, picnics or activities like painting or singing/dancing together are awesome too and still free

[@xenonsan3110]

@@user-og9nl5mt1b I mean it's going great for me, Idk who you've been dating but my girlfriend understands when I say I can only afford to go out once a week

[@InfoByAC]

@@hopeyouhaveagreatday8535 I'm going to make sure to do these things once I get someone to do it with me, because I used to go to parks and wall all alone and got so depressed.

[@aariksubram1934]

You hit the nail right on the head. Could you possibly do a video about the Compound interest accounts you mentioned?

[@RiomaWF]

i am also interested

[@ShivaharikumarB]

401K in USA PF in India

[@estevantalavera5744]

That's what I want to know about too!

[@TwoCentsPBS]

For sure! -- Whenever we “run the numbers” we are forced to make some assumptions. We base those assumptions on industry-standard practices. In this case, our 7% choice was based on the long-term historical returns of bond and stock markets. For example, VBMFX ( Vanguard total bond market fund) and VTSMX (Vanguard total stock market index fund). Since the bond fund’s inception in 1986 it’s averaged a 5.82% annual return. Since the stock fund’s inception in 1992, it’s averaged 9.44%. -- Two Cents viewers are primarily age 20-30. And we think it’s appropriate to assume that if millennials invest for the long-term, they can expect a long-term return somewhere in the middle! Hence the 7% number. -- We also think it’s important to point out that our "Dining Out" video isn’t about investing. Even if you NEVER invested a penny of the money you saved from dining out less, you’re STILL ahead! The point wasn’t that you have to invest that money. It’s about the power that can come with relatively small changes in behavior that compound over time. The societal pull to eat out all the time is really powerful, but we’ve found it can be easier to fight when you’re focused on a specific outcome that you’re trying to get as a result of pursuing behavior change.

[@aariksubram1934]

@@TwoCentsPBS Thank you for the reply. I understand that this video wasn't about investing, it was about saving money from non-essential expenditure that is just part of our culture. And it is great that you put that on the spotlight. I had been following your videos on investing and I was just curious as to what this compound interest account was. I understand that you were talking about Mutual funds. Thank you, that was very helpful. Cheers you both. Please keep doing what you are doing, you are making a difference. :)

[@حيدرمحمدعبدالزهرة]

One of the benefits of COVID19 is discovering that we don't need restaurants for survival, i'll probably stay away from them even after the pandemic.

[@orvvro]

Solid plan. COVID also brings its benefits

[@ManishMishra-mv5fp]

Absolutely. Over 78% of the middle-class homemaking or working women in Indian urban centers have not recalled their maids back after the initial opening up. We all (including guys) realised how much we can save by cutting on giving away easy money by DIYs on regular chores. Legend has it that probably that's what the working class throughout the world felt n realised with the lockdown

[@costin_ilie]

Yeah, same stuff with barbers for me, i discover that cutting my own hair can be a fun ecperience and also helps me save money and time.

[@bukchoiii]

Cooking at home costs me $3 cad per meal. I used to work as a cook so I already make restaurant foods lol.

[@costcofuel3996]

La Fam can relate lol

[@WillieMcX]

This is spot on. Until COVID, I didn't realize how much I was spending eating out. No second thoughts about stopping for a burger or wings, a couple beers after work. Picking up breakfast. Out for lunch for work, etc. COVID changed my habits that stuck after lockdown and getting closer to normal. Had saved thousands a year or so later. Suddenly found myself in the market to buy a house. Could not have pulled together the meager down payment on FHA mortgage had I not head that huge head start.

[@martiniracing930]

This is what happened to me. I even stopped work for a few months at the height of covid and still had more money than pre-covid

[@wolfpackflt670]

I call that COVID silver lining

[@asecmimosas4536]

Good for you. The vast majority of people suffered the opposite during covid. They began ordering delivery, which is the expense of eating out plus delivery fees and tips.

[@RabidDisposition]

I always thought it was common knowledge that eating out isn't for brokies who own nothing. Good things in life aren't for pooros; get back to work lol

[@lmoore1834]

I like to challenge myself to eat everything in my fridge and freezer before I shop again. Its kind of fun! If I don't eat it then I don't buy it again!

[@garcalej]

Ah yes. The Shackleton Diet. Good way to end up with a fridge full of condiments.

[@GoodLifeofRaye]

I do this. I spend about $27 a week but meal time is not as exciting 😂

[@d.leighannbatemon3192]

@@garcalej my dad always brags about his meal of sauerkraut with ketchup because that was all he had in house apartment at the time and was too frugal to go to the store. Needless to say, it wasn't good, but he said he didn't feel like eating any more afterwards, so he saved even more money.

[@garcalej]

@@d.leighannbatemon3192 Did he turn into a giant bratwurst?

[@twofarts8815]

I do the same thing! Helps so much

[@sminthian]

The average person eats out 5 times a week?? I eat out like 5 times a year...

[@1921neda]

same lol

[@MajoriaTV]

Just curious, what do you typically eat in a day

[@chaturamuthukumarana1809]

That's a bit sad.

[@3vvvvv3]

So you’re not an average person.

[@MickeyCastro]

You must have a lot of money saved!

[@f.s.8443]

Life hack : DON'T go grocery shopping when you're really hungry.

[@TehhLeviathan]

This is dumb considering you’ll buy less food and have to go sooner the next time

[@f.s.8443]

@@TehhLeviathan actually, you're dumb. You buy more calorie rich foods when you're hungry and are prone to do impulse shopping rather than getting the things you need.

[@vannevers]

Leviathan If you go with a list, youre likely to get all you need- hungry or no. (Hack #2)

[@TehhLeviathan]

F. Prieto Mindless sheep. I couldn’t imagine letting subconscious eating desires take control of me in a supermarket, rather than simply making a list.

[@TehhLeviathan]

Yet you continue projecting to others in the comment section of youtube videos.

[@thelonelyghosts9004]

I’m 36 and single and spent a majority of my early 30s justifying eating out because “it’s too hard to cook for just one person.” But once lockdown came upon us, I started cooking for myself and now I only eat out for special occasions. I’ve saved about $10,000 in 3 years.

[@greg5892]

Yeah but think about the time you were home to do that. Commutes and the rest of our productive lives in this system don’t really allow for that. It’s indeed difficult to cook and/or meal prep as a single working person.

[@MichaelOldAccount19]

"Poor" "75k a year"

[@wellesradio]

Michael Holey Sadly yes. Cost of living is expensive and packing up and moving somewhere cheaper without savings or solid job prospects is difficult.

[@Savannah_Simpson]

Mr. W I don’t care where your living 75K a year isn’t poor.

[@wellesradio]

Savannah Simpson Value is a thing that exists. Remember inflation? If I live in a country where the unit of currency is valueless, making tons of it keeps me in the poor house. If a couple makes $75k a year with two kids , but it barely pays the rent and expenses with little to nothing left over for savings, then yes, that is too little. $4,000 a month for a 2-bedroom apartment. Is that destitute? Hardly. But it isn’t going to lead to a down payment on a house in the next couple of decades. It’s not going to cover medical expenses in case of a major emergency. It’s not going to save up for a college fund. It’s not going to provide for retirement.

[@hopeharris7389]

Ya I don't make anywhere near $75K 🥺🥺

[@TheArnoldification]

@@Savannah_Simpson Living in the bay area making 75k/yr would probably classify you as homeless lol

[@mjcortez2460]

I am 34 years old. Having been frugal eversince, I was able to pay for two houses, and have some stock investments. I have no debt and able to pay for my Master degree. I lived in a small rusty apartment, like ghetto apartment. I didn't travel only for few ocassion where I need to travel abroad for my sister's wedding. Since I didn't own a car, I never learned how to drive. Now, I had enough, but not enough for retirement, I felt I missed opportunities. Before, I thought saving is good because after spending, everything will just be in the past, nothing but memories, nothing tangible. So why spend? But then I realized that those years is life, how did I spend those years? What kind of experiences did I have? It's a different perspective.

[@ampa4989]

MJ Cortez It depends on the kind of person you are. I have a bit of money. But I don't get much pleasure out of traveling (done lots of it and it's just tiring), eating out (used to in my twenties but now it's just a giant bother, though it's convenient), going to bars and other sensory experiences. I live in a nice apartment. And that's my only high expense other than traveling back to the US once a year during summer. There are a couple places I remember with fondness from my travels. But I don't really cherish most of them. My pleasures are from spending time with my children (they hate traveling, too), reading, exercising and taking care of myself and seeing just a couple of very good friends who visit me once or twice a year. I cook for them when they visit or we occasionally eat out. Sometimes people say you can't take it with you. But, to me, money isn't a source for entertainment or sensation-seeking. It's just there so I have security. You never know what rude awakening might wait around the corner in life. And to have a little fun now and then for socializing without worrying. It wouldn't be a waste for me to never have spent it during my life.

[@mjcortez2460]

@Luís Filipe Andrade this is exactly what my sister said, the worth of money is only realized when we use it.

[@mjcortez2460]

@@ampa4989 My mistake was the mindset of frugality early on. Looking back, I considered being not bold enough to pursue money to raise my living standards... I settled for frugality, and frugality only took me so far. My professor once observed, why are women with expensive bags at my class the more successful financially? Maybe because they set those standards for themselves and have to devise ways to achieve those standards. I've convinced myself to about not really needing to travel and eating out, but those expensive activities also have value. The spending and the frugal mind will have different perspective.

[@ampa4989]

@MJ Cortez I understand your disappointment. But believe me, most people can't make money just by being bold. And, certainly, nearly none of the women with expensive bags are financially set. I really think your professor knows nothing about what he was speaking. Most millionaires lead very, very frugal lives. I've known many and you would never believe some of them to be as wealthy as they are, many times millionaires over. They are nearly all savers. They still pinch nickels, if not always pennies. Spenders are almost never millionaires. These millionaires earned a great deal. But I've also known small time millionaires who just saved, saved and saved some more. They have plenty for travel and experiences if that's what they wish. I hope you'll get there, too, someday.

[@littlefoot-od9xj]

Come on youre 34 you talking like you are 80. Go out now. Anything you could have done in your 20s you can still do now

[@Nite_coder]

Things are even worse now, I can turn an already expensive $10 fast food meal into $20 by ordering it on my phone and having it delivered via doordash Uber eats etc, save your money people!

[@blackbutterfly233ify]

Ubereats is MY DEVIL. Over two hundred last month

[@Interloper322]

@@blackbutterfly233ify Lol mines close, $184 last month 🥲

[@stanbalo]

Deliver fee is that high???

[@OG_ALviK]

Meanwhile in italy; you spend almost the same money in restaurants than cooking it yourself. Or at the very least, in some restaurants.

[@keenannelson-barer307]

I ordered 500 meals last month at 35 bucks each thats $17500

[@bigfrogzgame]

Most people working a minimum wage job already know not to eat out 3-5 times a week. I wish there was more focus on WHY so many people cant afford to do things that are an "important social and professional aspect of your life" (as they say). I wish there was more content that talked about how we could solve issues like that as a community instead of putting responsibility on broke individuals

[@XXLragequit]

This is a PBS video about how to be better with personal finance. Not everything needs to pay mention or should to other issues or topics. Doing that would be like watching a video on dinosaurs and they spend 20% of the time talking about global warming today. seems unnecessary and might make people click off the video which is the point of the video. Also this video isn't made for broke people the person the used made 75K a year.

[@MoistOwlettes]

The why is easy. Because most of them spend their money on dumb shit they don’t need.

[@derpmansderpyskin]

Eating out _sometimes_ is an important social and professional aspect of life. Eating out 3-5 times a week is not. Nobody is going on 5 dinner dates, or meeting 5 people for lunch, every single week. Most people, even those on minimum wage (especially in states which have raised their minimum wage), can afford to eat out occasionally for dates or for meeting colleagues for lunch. A single $35 expense is not that significant, even for those making minimum wage. It only becomes significant when you do it every day, or almost every day, which is the exact thing they're saying you should avoid.

[@tatskamaster]

It's not an "important social and professional aspect of your life", and the WHY in this instance is them not having the qualifications for a better paying job. They could still achieve a better quality of life by saving though. The responsibility IS all on individuals.. They're not putting it there, because that's where it always was..

[@brb3222]

This comment RULES and needs to be boosted. I stopped eating out as much during the pandemic and saved a lot. Then when artificial inflation hit the markets. I started shopping smarter and focused on decreasing food waste. I got it to where I was saving half to bear to over $100 a month just by watching what I eat and how I eat. I also had more energy and felt happier with myself for making health and economy conscious decisions. That, however, does not solve all of my or anyone else’s financial problems caused by a malicious malignant system. I still have debt that is keeping me from owning a house, people still live paycheck to paycheck, and food and water are still commodities controlled by greedy parasites sucking the life out of the earth like they’re things that must be earned with meaningless currency and not an essential resource that all living beings have a right to. Not to mention there are plenty of stupid, STUPID people that the world being as cold and unfair as it is, is in fact a good thing because “duuuuh well that’s how it’s always been” Change starts at the TOP not the bottom. Change the system that creates the need for people to be frugal enough to eat a little every day in the first place, and you change the world for the better.

[@varant7670]

i dont eat out and im still poor :)

[@kinga6347]

Incoming "I feel personally attacked" comments

[@kendomyers]

Ur doin it rong m8

[@sal_strazzullo]

Try reading "The richest man in Babylon" I am still not wealthy, but I'm improving

[@manujohn99]

You are poor because you still eat in your house

[@varant7670]

king A you were right ... these idiots don't understand sarcasm

[@TitusAdrx]

Lol annual income of 76K...(cries in low 40K annually).

[@Roll587]

Cries in graduate student stipend.

[@sal_strazzullo]

14K Edit: actually about 15.5K, EUR. In USD it's about 17K

[@blindey]

Cries in disability. (11900)

[@lamatfoschini1891]

Cries in High school week end €400/mont job + €250/month of Pocket Money and having to invest €500 a month (i still live with parents)

[@blindey]

@@lamatfoschini1891 At least you're saving on housing costs and maybe food? Take advantage and start saving and investing if you can.

[@finerio]

It's that age old conflict between investing in your future and investing in your present

[@EnceliaActoni]

yeah I get told all the time I am not living my life when I try to save money for my future goal.

[@tslee8236]

@@EnceliaActoni I just spend my future now to beat inflation. Lol

[@MariaGarcia-is6nx]

And then old people loose their freedom because those who control the money control them too.. ;-;

[@JQ_Unity]

teej tell your friends to actually learn to cook.

[@krausewitz6786]

Is it though? Let's take the video's median figure of $3,000 on eating out per year. Since I don't think anyone but the most unrepentant killjoy would suggest that you should never eat out ever under any circumstances let's imagine we can cut that $3,000 in half by eating at home much more often. OK, so the median American would save about $1,500 per year. In other words....virtually nothing. A totally insignificant amount of money, with no guarantee that it would not be spent elsewhere. $1,500/year is not the difference between barely hanging onto a middle class lifestyle and being 'rich'. It just isn't. The real problem is wages. Median male workers make LESS money than they did 50 years ago, while the costs of housing and (in the US) healthcare have both skyrocketed. No amount of scrimping at the sides even comes close to addressing these three behemoths.

[@3lizabethrose]

I love that you emphasize not cutting out restaurants entirely and acknowledge that it’s not the only thing that can squeeze us financially! What a great way to make financial knowledge more accessible! Well done!

[@Alexveliz0898]

“65k enough for a downpayment on a house” *** laughs in NYC ***

[@cannedpeachez1]

Alex Veliz I’m in San Francisco scratching my MF head...

[@matthewhoover6154]

in most of middle US away from big cities you can find a house for 65k. It won't be anything special but it'll be a house.

[@fbyi2940]

@@matthewhoover6154 and neighbor matters

[@swm78]

I’m in Gainesville Florida, $65,000 will be a very good down payment on a very nice house that would cost $200,000 to $250,000! But it would not be good in New York City as my brother bought an 2400 SF apartment for 5 million. Location, location, location!

[@hankhafliger482]

The NYC and San Fransisco are not America.

[@blueberrypie3452]

Has anyone noticed that even fast food prices are about the same as a sit down restaurant? The only difference is you don't tip at fast food.... it's true, just eat at home ❤

[@exantiuse497]

Definitely not the case where I live. Here, two people can eat out at eg a burger place for $10 total, while eating at a "real" restaurant typically costs a minimum of $15 a head. It's still cheaper to eat at home of course, but fast food is a fraction of the cost of a restaurant

[@barrocasonthemove6805]

The key to fast food is to shop the deals and use the app. I never spend more than 3-4$ at MacDonald’s.

[@xenonsan3110]

That's probably because you don't tip. Servers only make like $2 an hour and survive off of tips. Fast food doesn't do that, they pay minimum wage. So really it's still less expensive to go to fast food because if you tip what you are supposed to (I usually do ~20%) it'll come out as more in the end Edit: cheapest option is definitely make your own food. Just trying to say fast food is probably still cheaper then restaurants

[@lucia-di-lammermoor]

Where I live you don't have to tip and maccas literally cost the same as a full meal at a proper restaurant

[@deeznutz9267]

I saved my self from student by not going to college and avoided interest rates n useless text book expenses, now I have the job while they wait for there degree and look for any openings lmao

[@matt2.019]

Want to be rebellious? Save money. Realize that you can be just as happy and satisfied (maybe even MORE) if you consume less. People want to take what you have, and telling them no is one of the best feelings on the planet. Pay off debt as fast as you can, so that other people have less leverage over you. Then, save as much as you can, so you have as much leverage over your own life as possible. Hate your job? If you save enough, you can tell your boss to fuck off and find a better one. Hell, you can even start your own business, although then you run the risk of becoming what you hate. This doesn't just apply to money, by the way. It also applies to attention. Use ad-blockers. Get off of social media. Learn about how media companies take advantage of weaknesses in your psychology, and act preemptively to defend yourself. The only problem with this attitude is that capitalism actually depends upon people acting irresponsibly and being uninformed, so if everyone stopped giving their resources away freely, our current economic system would collapse. But this is because the system is flawed, not because being responsible and vigilant is bad.

[@Distress.]

The first half of your comment was great but you literally described the opposite of capitalism. Capitalism functions best when people are more informed.

[@matt2.019]

@@Distress. I don't believe that is true. Capitalism doesn't take power dynamics into account. It treats every voluntary exchange as fair and mutually beneficial by definition, when that may not be true because one side knows things that the other side doesn't. What would happen to our current capitalist global economy if every individual suddenly ceased eating at restaurants, stopped buying video games they never end up playing, and did their best to reduce waste all around? It would collapse. It runs on waste and inefficiency and greed and envy and lack of forethought.

[@Distress.]

@@matt2.019 every voluntary exchange is fair and mutually beneficial, if not it would not occur. The only way this cant be is if you have some subjective ideal of fairness that could never be evenly applied. As for your hypothetical it would do as capitalism has done for centuries now, change. Countless industries have disappeared or evolved in capitalism. One of its greatest strengths is how dynamic it is.

[@Distress.]

@KhaleejiSyndicate bitch no ones gonna read your communist manifesto.

[@V.D.22]

Great comment! However, I believe that if people spent money more responsible, capitalism would not collapse, but would not thrive as good as it does now.

[@Wuestenwiesel]

My two cents on it: I use delivery services a lot. Portions are that big, that I can eat two times of it. I need to do grocery shopping only for my breakfast. Oats and coffee. No need to prepare food, especially vegetables is a hazzle. No need to do grocery shopping. No need to clean after it. Since I’m not cooking I have less dishes to wash, I don’t need to clean my kitchen that often. Think further if you don’t need a kitchen at all? You could use the room for something else. Could save you thousands of dollars in renting. Also don’t forget in the calculation, when calculating dishes, that the average household produces a lot of food waste. Estimation goes around the same amount they consume. Also when doing grocery shopping you night and up buying unnecessary things like sweets, alcoholic beverages, stuff in general you don’t need. In summary: the time I save because of delivery services is priceless for me as a self employed person due to real opportunity costs. Also you might consider, that because of the fact, that portions are larger and the food waste and unnecessary things you buy in the supermarket, the possible savings are not that much you might think.

[@Nick-mc2hy]

This was a HUGE expensive for my wife and I. Then we started saving for a down payment and to start a fam. Things we did: -Take out from favorite restaurants (no tip, no alcohol cost, no tempting apps or desserts) -Cooked together to try and replicate where we wanted to go. (I’ll never forget how fun trying to make pho for the first time was) -We did a “Drunk Spaghetti Night” every Friday. I’d pick up a different cheap bottle of wine >$7 on the way home from work and she’d get the $1 box of pasta cooking and put on Dean Martin or Sinatra. 🍝🍷 -my wife loves desserts. Baked items from the grocery store are very delicious and cheap. All together that probably saved us thousands in just over a year. Look at your bank statement and calculate your dining out costs, you might be as surprised as we were. Great video and tips two cents! [Edit: In my state hosting is not a tipped or service position. If your host is working for tips please tip ‘em]

[@sal_strazzullo]

Amazing

[@joshbarker1669]

Not tipping is kind of a dick move. That's the serving staff's livelihood.

[@Nick-mc2hy]

Josh Jacobs Take out/Pick up whatever you may call it. I always tip when I eat somewhere.

[@XDflamesoffury]

@@joshbarker1669 If you take out theres basically no service to tip

[@bandit816]

XDflamesoffury tip like 5% the take out guy still makes less than minimum wage since it’s technically a tipped position, it’s less work than waiting a table but it still take effort to gather your order, make sure it’s correct(harder than you think) and get it to you Source: did take out, currently a waiter

[@tvanantwerp]

My local grocery store is a Whole Foods, so my food will bankrupt me regardless.

[@utamu777]

Still cheaper than eating out

[@svetlanikolova7673]

Tom,do you have a house? learn to grow your own food . Or at least some of it.

[@ellebresych5282]

Is there other grocery shops

[@aaronlandry3934]

Find a different grocery store. Whole Foods is overpriced hippie food.

[@Carolll9]

Since Amazon took over prices have decreased at Whole Foods. My regular grocery store Publix is more expensive in many ways. We eat most of our meals at home and only go out for pizza, pastries or dessert every once in a while. Everything else I feel we make better at home.

[@jessicaonymous4352]

If you're a parent one of the best tips I can give for setting your child up for good financial management is teaching them how to cook. I'm in my early twenties and have so many friends that don't know how to cook at all, or know how to make a few meals but can't cook on a regular schedule. When I was in middle school I cooked one meal a night (with help) and in high school it got bumped up to two. By the time I moved to college I knew how to make several meals and how to manage my time so I could cook every night, and I learned how to make meals with the ingredients I had to minimalist how many new items I bought each week

[@faithlesshound5621]

If you have traditional parents, only the girls get taught to cook. Boys are expected to get married and have the cooking done for them. But that doesn't work out so well if they have to study or work for a few years first.

[@bobunitone]

You'll be amazed that people in their 30's don't know how to cook either. I'm like you, my parents made an effort to teach cooking and I was also raised on Food Network and PBS cooking shows.

[@jessicaonymous4352]

@@johnny5941 try looking for recipes using lots of spices and veggies

[@mattbenz99]

Also, something you didn't mention is that cooking at home is a weight loss hack. It lets you control what you use in the meal and allows you to cook meals that will keep you fuller for longer. In the last 3 weeks, I am down 6-8 pounds (depending on what time of the day I weight myself) and have felt full the whole time by just cooking foods that are lower calorie but make you feel full. The easiest way to do this is just to cook meals with a lot of protein and to just throw low calorie vegetables into the recipe for volume. The vegetables will make you feel full sooner while eating, while the protein will keep you feeling fuller for longer.

[@abhibhattacharya1582]

I didn’t know that Ryan Gosling could pull off brunette, with a mustache on the side, along with financial advice!

[@KeithR2002]

I was wondering why no one was mentioning the ryan Gosling look alike

[@missingbmore]

I actually had to read the comments to see that this was not Ryan gosling

[@olgagorshkalova5694]

😂😂 omg i see it

[@sunnykel7573]

Haha

[@1gr8chef123]

Much like everything else in life MODERATION is the key!!!!!!!

[@emanym]

And overthrowing the billionaires who are hoarding all the money.

[@andrewweiss2121]

Who spends 35 dollars per person out to eat? That's like 200 chicken nuggets from BK

[@chris-andrebrissett5208]

Omfg😂😂😂

[@ratgrandma6540]

andrew wise exactly you can spend just as much eating at home compared to fast food

[@dave1805]

@@ratgrandma6540 If you only get enough food to fill you up it will cost less than fast food, provided you pick the foods wisely

[@Valentin-oc5nh]

Andrew Weiss if you do meal-prep you can eat healthy and for probably like 3$ a meal ...

[@Valentin-oc5nh]

Andrew Weiss or even less tbh

[@stephenhowell8436]

If you choose to eat out you are spending your retirement. I quit 35 years ago, and that was the money I needed for retirement. I am so thankful I quit. The 4 dollars is accurate. My wife and I eat great on 4 dollars per night. We limit meat to every third day. Our health has drastically mproved. Lost weight, cholesterol radically improved. Kiss restaurants goodbye!

[@idontknowthiscommentoww4303]

Eating out 5 times a week, laughs and cries in broke college student.

[@KillerDeadXero]

The government propaganda on school

[@its.albert.510]

So...don't?

[@NatashaEstrada]

Yeah but eventually you get out of college and get a job. Then you start making yourself broke again by eating out because being broke is all you know. Trust me on this one.

[@jacobg8640]

I've eaten out probably twice in college and I'm a Senior now. The food might suck, but if I have to pay over $2,000 for a mandatory unlimited meal plan, you bet your ass I'm gonna use it.

[@youbloodybloodworktimejasper]

When I eat out, I calculate how many more hours I need to stay at work to cover the cost of eating out.

[@cocobrowny]

That’s great! I do similar. I had to take 2 Ubers this week to save me from being late for work. I put myself forward for overtime to make up for that unexpected expense. I also work our what I have to cut back on in order to have nice things. If I want (read NEED) a new pair of jeans trainers then I have to reduce my grocery budget for the month, or take buses to work instead of the train, or freeze/cancel my gym membership etc etc

[@Snowshowslow]

That wouldn't work for me - I don't really mind my job and I love eating out. But I save lots of money by just putting most of the money in my savings account at the start of the month.

[@cocobrowny]

@@Snowshowslow well, that sounds like you have the disposable income to be able to do the things you want to do (or your savings won’t be negatively affected by occasional withdrawals for ‘nice’ things). This is great and I’m genuinely happy for you. I was in the same position when I was in a higher-paying job. But those who have to cut corners and budget carefully and do overtime etc to fund our ‘nice’ things are usually on a lower income, OR our essential outgoings (rent, bills, travel...) eat up the majority of our wage, thus having to go to the lengths that OP and myself go to, to have a nice meal or something else that many would take for granted

[@cocobrowny]

@@Snowshowslow Hahah, neither was I and sorry if I came across snappy, as that wasn’t my intention. The pandemic has thwarted my attempts to get a better job, but I am still applying whenever I can. But yes, we both understand where one another is coming from that’s the main thing. Hopefully the day will come when you, me and OP can afford to eat out as many times a week as we like without even having to look at our bank balance! ❤️

[@Snowshowslow]

@@cocobrowny I'll drink to that, cheers! (Tea in this case, as it's morning here, but still ;-))

[@JiminyClarkson]

My mum always advised against ordering drinks from restaurants and drink water, because with food you may get charged 3 or 4 times its worth, but with drinks you may get charged 20 times its worth. Same with ice cream. It's usually the cheapest and most basic stuff from the wholesale store, and they just serve it in a fancy cup or bowl with some sauce and sprinkles to look nice.

[@limitlessbianca]

Where I’m from, it’s discouraged to order water. I’m from a country where the tap water isn’t drinkable, so water, oftentimes, cost the same as iced tea. At certain restaurants, might even be more expensive. It’s a waste of money ordering water, and since we’re spending anyway, we’d rather spend a little more on juice or soda than water. But here in the US, I order water 90% the time because it’s free!

[@JP-ve7or]

In America it's become the custom to charge like $3.75 for a soda with a free refill (which waiters always seem to bring whether you wanted it or not.) So not only are you spending a stupid amount of money for a Coke, you're imbibing a ton of sugar in one sitting.

[@oldskoolmusicnostalgia]

Haha, you remind me of those days when I used to sneak in my own ice tea bottles (bought on the cheap from convenience stores) into a bag while having lunch in restaurants. With the added advantage that 500 ml of ice tea could last me 2-3 meals!

[@JiminyClarkson]

@@10highsky you underestimate how much drinks, sides, desserts can add up then.

[@tikusblue]

@@10highsky yeah but the point was to eat out, and food is mandatory. Drinks are an extra you can easily go without. And it's true that it's marked up more than the food is, especially if it's alcoholic

[@youyoua988]

That’s literally what adds some joy to my life- going out with friends family and socializing while eating 🍽️

[@Han-D4ror2]

socialize while eating home cooking unless you have enough money to live like that. if you dont, dont complain about expenses though

[@youyoua988]

@@Han-D4ror2 I fortunately make enough to afford it but still think it’s okay for everyone to splurge on that at least every once in a while, in the name of fun

[@jamlpe]

i thought that fork and knife emoji was a skull for a second lol

[@derpmansderpyskin]

I mean, just like any other luxury, if it's worth it to you then you should keep doing it. The purpose of this video is just to make you aware of the cost.

[@ferminespinoza429]

Take turns hosting and cooking for each other. Will still be going out (to their homes when it's their turn) and socializing while eating together all while still saving money. Win Win!

[@gorkamustang]

I only started saving when I divorced, best thing I did in my life! Divorce, not saving...

Wait , $75k after taxes? That’s way over the average salary, isn’t it?

[@nichitagodonoaga196]

It is, so it eating out for you is a even bigger dent in the wallet than for the imaginary example in the video.

[@alex_roivas333]

@@nichitagodonoaga196 yeah, no one eats out that often, moron.

[@Gee-xb7rt]

@@alex_roivas333 rich people do, the 10% eat out all the time and they aren't poor, its more shaming of the poor by the 10%.

[@agoniaXdunya]

Espurr Fitzroy I do.

[@chelseaalthouse3908]

Yes.

[@UnorthodoxlyEsthetic]

the guy looks like a cheaper version of Ryan Gosling with a weird mustache

[@zaidshaikh9619]

Was searching u

[@DJVARAO]

A poor version, you mean.

[@JNeil1975]

His mustache is cute!!

[@Obie1sand2s]

She saved money on the husband by getting a cheaper version of Ryan gosling...but with the same psychological benefit

[@DJVARAO]

@@Obie1sand2s hahaha since when women spend money on guys?

[@lordiblees]

Next Two Cents video: "How breathing keeps you poor"

[@kiwi-mf2do]

Planning a cafe date with girlfriend. Notification: how eating out keeps you poor. ...

[@beanzbeanz]

There are greater benefits than nutrition being derived here no doubt...

[@MastaSmack]

Oh, I thought some sort of financial curse gets brought down on you by God if you eat your girlfriend out...

[@beanzbeanz]

@@MastaSmack That might be my problem.

[@franciscopartida4167]

I hope your comment was a dirty pun. Because I'm so here for those!

[@monkiram]

Hey don't be one of those people that never does anything fun to avoid spending money! They're talking about people who eat out regularly. A cafe date every once in a while is called enjoying life :)

[@maple_fields]

Gen Z here; I feel like this wasn’t made on the same planet I live on. $36 a meal? 5 time a week? I go (well, went) out maybe 2 times a week, and felt bad if I paid more than $15 for myself, including tip.

[@dreamHIGH94]

36$ sounds more so for a mid Tier restaurant

[@rosez4eva]

Same. I can’t imagine eating out every day. That’s so much money down the drain!

[@dillpickle2712]

Why in the world would you ever tip? Lmao food comes out the same either way

[@DesiRhythm6]

Same! And I live in the San Francisco Bay Area

[@kitsterangel]

Hard to find any sit-down restaurant for under $20 where I live. $15 is more for like burrito bowls or shawarma plate or something like that. I ate out more with my colleagues last fall and my bill was never under $40, I wanted to cry even though I could afford it lol

[@nanitaylor8073]

I eat before i go to restaurants, and order dessert while I’m there. Dessert is usually under 10 bucks so I get the social interaction and I don’t blow my budget!

[@deathnote8233]

Oh wow never thought of that

[@aprilo4447]

Yes! When I've been on a budget I usually have a cup of coffee and a desert or simply a cup of soup. Still get to go out with friends but I usually spend under five dollars on food and just make sure I tip well.

[@aprilo4447]

@@becomingdauntless8821 I don't do it for like special occasions or things, just the daily, "Hey we're getting a burger before we go to the event, want to come" kind of stuff. No one has ever cared or even blinked.

[@valentinalicci4655]

@@becomingdauntless8821 if they are friends they should react as friends meaning accepting you are in a budget. I sometimes have the same issue. Eating out is not fun for me and I always prefer to eat at home. But I still want to see my friends! If me only having a small portion upset them, they can pay for me. Or simply shut up exactly as I don't go trought what they are ordering.

[@burvjuzizlis22]

@@aprilo4447 as noone should. :) that's very smart of you. Thank you for "life hack" 😅

[@jakeythecrow9969]

I was told today about a guy I worked with woke up blind because of a burst blood vessel. You never know what’s round the corner and you should enjoy and be grateful for today ☀️ do the things you love most.

[@ChrisDAndrealifestyledesign]

*“How much am I spending on this? What do I get out of it? Can I get the same benefit for less money?”* These are great questions to ask yourself on a daily basis. Thank you for making saving money and budgeting easy!

[@_Anna_Nass_]

My problem is my average meal cooked at home with ingredients from the store is usually like $20 a person because I always wanna make the most extravagant shit on earth after watching Masterchef all day.

[@hirrorstories]

I'm no expert, but try treating your masterchef inspired food like eating out and do it only biweekly for one meal or so. The rest of the time eat plain, food and in small portions. 1 stone 2 birds if you have weight to lose

[@d.leighannbatemon3192]

At least it sounds like you know how to cook. My mom used to always say if I know how to read, I can read a recipe, but there is more to cooking than following a recipe, and it's beyond stressful. I've burned many a dish and ruined many a meal, and then we end up with pizza or takeout

[@Richard_Garza]

Yup, your problem. But at least you can cook man, kudos to you.

[@shersockholmes6261]

@@d.leighannbatemon3192 my mom was reluctant to teach me cooking and saying I should just focus 12 hrs on studying since 8th grade. Which is just dumb , not everyone has that kind of motivation and people do need breaks. I wiggled my way in kitchen sometimes and wrote down exact recipes and asked a lot of questions. Far from knowing everything but safe to say I can cook when I ll go to college in a few months.

[@bailinhuang]

It'd cost 60 if you were to get it outside

[@meganchambers8108]

If you have a particular group of friends who you dine out with often, consider a rotating dinner party at home! Like every Tuesday you take turns cooking for each other. I often socialize with friends this way and will just make a whole load of tacos or pasta. Something super easy to make that feeds a crowd and usually yields leftovers for lunch the next day! It also allows you to get the socialization benefit, plus whoever isn't cooking brings a bottle of wine and you save in drinks too! Plus, if you drink a little too much no one has to drive home right away ;)

[@rdzogai1495]

And you can enjoy your favorite music with friends or watch a movie too

[@sabrina12333]

or just eat your friends

[@samuraijack0876]

That sounds like really good idea.

[@MicheleNichols2]

Or do a potluck and use signup genius for everyone to sign up for what they're bringing.

[@chowsquid]

Yeah, but I brought Rice-a-Roni and no one ate it. 😢😢

[@sauce8277]

I took this seriously. On my first year of a job making 32k a year coming from nothing, I saved and bought and paid off a $11,000 car in 7 months. A year later just bought a second (reliable)luxury car now that the market is down on the model and I’m not looking to buy a home. It’s ‘life changing for many and you won’t regret it. Don’t start cooking complex stuff. Buy a instant pot. Stay with low ingredients, throw it in and cook many meals for the whole week in just a hour.

[@rantigeorge2108]

Ordering water instead of soda or alcohol is a great way to save money while being healthy. Soda companies have ingrained in our minds that no meal is complete without soda 🥤

[@madthumbs1564]

People on diet soda don't lose weight; people on water do.

[@alexismisselyn3916]

@@madthumbs1564 according to CICO they should be, but diet soda still has calories, some studies say it makes you hungrier, and you don't get good hydration from them.

[@jussehwagner3166]

@@alexismisselyn3916 www.nationalhogfarmer.com/nutrition/sweetener-and-capsicum-oleoresin-fed-grow-finish-pigs-improve-value all you need to know is that farmers use artificial sweetener to grow pigs

[@les4570]

Poto Somo I’ve never been to a restaurant that didn’t give you free water with a meal lol

[@raymondflores5176]

shut yoazz up they engrained u sheep

[@tonyhickq]

Selfcooked food is not only cheaper, it taste better. Going once in a while to a restaurant is a treat, going out always is boring and the taste ........

[@petra5840]

Not the way I cook it, lol

[@bratzlover501]

tonyhickq definitely doesn’t taste better

[@CantEscapeFlorida]

Bold of you to assume everyone has a kitchen.

[@tonyhickq]

Thats what I asume, Sorry don,t know anybody without one.

[@CanadianFE]

I find food prepared by someone else is always better than food I’ve made. Even if it’s just my wife preparing it. I offer to dine out to give her a break. If I’m responsible for dinner no one is happy.

[@Courtney-of1po]

One positive thing for me that came out of 2020 was learning how to cook well and actually enjoying eating at home. I saved hundreds of dollars a month from not stopping to get breakfast every morning, eating out on lunch with coworkers 5 days a week and then going out for dinners most nights. Yes, I missed the social aspect of it but saving the money was nice. I usually ate dinner out because I didn't think I could cook well. So I ordered the Home Chef meals for about 2 months and gained confidence in my cooking skills. Fast forward to today, I only go out to dinner 1 to 2 nights a week and everything else I make at home.

[@naimedwards1422]

Probably the most useful and practical video I’ve watched this year!

[@chelseaalthouse3908]

Where are you getting $75,000 per year salaries and 7% interest rates lol

[@googlekonto2851]

Boomer town.

[@Flowers408]

Ikr!

[@phillipmartinez2436]

The market is returning 9 to 10 percent. The average median income in some areas is 110,000 a year. Anything bellow that is considered poor. Obviously thats not true everywhere. So 75,000 i am assuming is the median income accross US. Im sure its closer to 45,000 to 50,000 a year when you take out all the people making 110,000 a year.

[@ericdavis3046]

Actually the median (not average) income among US wage earners is around $31k. Meaning half of all wage earners make that or less. That’s pretty wretched...

[@Cryptonymicus]

@@ericdavis3046 Correct.

[@availablehage]

This channel is basically what my brown indian parents have been telling me my all life..I always assumed everyone just knew it..till at 30 I had to be reminded again..great channel

[@hellodarkness5644]

Yeah well my black grandma told my white american friend who was also my yellow asian cousin to fuck off, right infront of my red native american father. Can you believe it?

[@ihague4568]

That's because your Indian parents are wise. Most Americans (like myself) need youtube to teach them common sense.

[@annieg7090]

@availablehage My brown Indian parents told me the same. Now we're apparently privileged because we were forward thinking and chose to delay gratification. lol@ Bene. What an angry person.

[@fieryjalapenos4442]

I’m sorry, what are you hoping to gain by pointing out your ethnic background? Why is it important that we all know your race and skin tone? Thought this stuff was supposed to not matter in this era.

[@availablehage]

@@fieryjalapenos4442 it is a joke on ourselves...we didn't know of child rights till we were in 20s

[@mandolinsam7901]

You can't 'life hack' your way out of stagnant wages and rising costs of living.

[@darlenepaul2934]

Sure so just do nothing! I'm sure that will work.

[@Tzara86]

It started when the work force was flooded with women entering the workforce, losing their place in the kitchen and making it very easy for corporations to slowly start rising costs and taxes. Now both adults have to work for the same wage and no one is home making.

[@kaylawaters2691]

Exactly. All of the jobs I've had and most of the jobs the people that people have that I personally know are not even a living wage. A lot of people are working several jobs and if they are old and have retired at some point have gone back to work.

[@cocojumbo197]

@@Tzara86 plus corporations found cheaper labour overseas and to make it even worse they imported immigrants who are willing to work for shit money. Thats how middle class became slave class

[@nunseik]

Move to the country side, make a nice garden to produce your own food, work part time online in anything at all. If you're running low on money it's time to start some fasting and burn your fat (literally). Another option would be to move to a place even cheaper with plenty of natural resources and maybe hunting would help too. I have no experience on hunting though.

[@Katasztrosz]

Dont't forget how much fun it can be to invite some friends for a meal. Cook for them and enjoy it together is an amazing activity. + Cooking together is also a great way to eat, have fun and learn to cook better. :) In your home or as a picnic.... all goes great! Dear Two Cents! First video i saw from you. Loved it! Carry on! This content is very much needed for a lot of people. Hugs! Another Cheapie

[@Sauceismyname]

Who is this discount Ryan gosling that I’m oddly attracted to?

[@the_emmasculator]

🤣😂🤣😂 STAPPHHHHH IM DYING

[@sorelle5687]

🙈🙈🙈💀💀💀💀💀✨✨✨✨

[@brianglavey8775]

😂😂😂

[@Scarlet-Enchantress]

Sir. Lmao.

[@irregularmana6216]

Dude i was gonna say great value but close enough lol

[@willt.9654]

Oh THAT kind of eating out. Whew, then I’m good.

[@akashchoudhary8162]

😂😂😂

[@katelala23]

hahhaahahhaha

[@Justin-TimeForDaShitz]

😂😂😂😂

[@fallingbed1]

Meanwhile I’m here eating cup noodles cuz I’m too broke to eat out ;-;

[@marnungsangimsong4619]

Lol we meet again ....

[@Fellowrser]

Smells like broke

[@NishutiP]

I'm eating those 5 for $2s right now 😂

[@Urbanhuskies]

Cup noodles are for rich people. Noodles without the cup cost way less. Plus that styrofoam cup is icky and leaches plastic into your broth. Just saying. Make regular noodles and invest in a glass bowl. :) good luck . I feel your pain.

[@Urbanhuskies]

@Fairfields being poor is embarrassing? That's such a rich person thing to say. 😆

[@RoBe-bb7vr]

As a German, really strange to hear, that "someone" (almost the hole nation) goes three times a week for a dinner. Once or twice a month is the avarge in Germany, I would say.

[@pumpkin7889]

Why am I still poor even though I eat all my meals in home? : Graduate Student

[@saeedyousha294]

Choose cheaper stuff and have more different ways getting sources of money

[@lilalienangel]

Ray Patson At least add an egg, a hotdog, or some cheese to it.. People have died of malnutrition surviving on ramen... You can survive on peanut butter though... I did it for a few years..

[@AngelWingzzz]

Are you for real? A job is how you earn money. If you havent figured that out.. forget university..wasting your time.

[@TheNebraska402]

@@lilalienangel potatoes too. i once went a few weeks eating nothing but potatoes with some salt and pepper. lost a few pounds and was still even able to have energy to exercise after work. that is a miracle food

[@pumpkin7889]

@@AngelWingzzz What if earning money isn't your goal?

[@Tluangtea]

Great advice. After my wife use to pack lunch for me everyday, i sometimes find myself not spending anything for a whole day except on fuel. it was not a financial decision but it helped out a lot.

[@DemureSpectabilis]

When I treat myself to a meal out, I try to order entrees that will give me some sort of useful leftovers (even if the leftovers are just fries). I look at meals eaten outside my home through the lens of “cost per use”. If the $12 pasta meal can be eaten from twice, that’s $6/serving, which is much closer to the “at home” meal price. I’m also not one to leave a half-eaten meal for the trash. If I’ve already paid for it, why would I waste it?

[@garlicgirl3149]

Agreed!!!

[@brittanynichol1111]

My thoughts exactly. Leftover food you don't take home will just go in the garbage. Ergo, you just threw money away.

[@katieweiher]

Same.

[@dallasgombash5381]

Pasta is a lot cheaper than $6/serving...

[@gr86er]

I do this even at Chipotle. I can eat the whole bowl and be way too full or eat half and have lunch for the next day. That makes it even cheaper than crappier fast food.

[@gyrsriddle]

I stopped eating out years ago when I got a job in social services. My clients, that had jobs, all worked in food service. I’ve been to their homes and don’t want them anywhere near my food.

[@larcm3]

Me and my wife haven't ate from outside for 2 years now. And now we have 15k saved just from this decision. Plus my kids eat home cooked meals everyday instead of frozen food and fast food

[@Moribus_Artibus]

G Ks You two must live in a small town perhaps

[@katierose1893]

Us too but I don’t work (anymore) so I have time to shop organic and cook.

[@larcm3]

@@Moribus_Artibus I live in Toronto Canada which is one of the largest cities on N America. It was hard for the first 2 month since we didn't know much about cooking. But now we make our own pizza, we bought a pasta machine and make our own pasta. We even bake cookies and cake. KZbin has all the recipes for anything we want to cook.

[@____s460]

You’re amazing and inspiring. Gotta to do so more!!

[@theresanwabia3913]

Good for you

[@askaboutRudyV]

You pay atleast triple even just eating at a fast food restaurant.

[@manujohn99]

That's why I pay with my blood for fast food

[@Prodigious1One]

Yeah, chick fill a!

[@adibchyy]

Make a junior chicken for $1

[@austina4189]

@@adibchyy you can't because no grocery store will sell that low grade chicken

[@vitekprchal8608]

in my country, fast foods are the most expensive option you have. 1 dollar cheeseburger? For four you can grab a whole lunch meal instead.

[@argelisplanchart9438]

Why does this guy look like Ryan Gosling with a mustache?

[@blakkshadow1144]

its a disguise so people like YOU don't notice, now you've given it up. well done

[@danicegewiss862]

His name is Philip Olson. His wife is Julia Olson.

[@alfredopatino8171]

I grew a mustache because of this guy

[@ajus009]

Yes. I checked out the video thinking it is him.

[@stout890]

home made meals do not come out at 5 dollars each....a chicken breast is about 5 dollars at the current moment.....

[@greenwpz]

As someone who really appreciates a special dining experience as the chef and restaurateur have curated it, I recommend truly knowing your budget and planning to know how much you will spend at the restaurant in advance, so you don’t have to cut corners or think about money while you’re dining. A really good restaurant will still be there after you’ve built up your personal finances to allow for this experience.

[@ogsxl]

covid said otherwise

[@Keykeymon]

Show me where I can get 7% sure interest, and I'll sign up...

[@tientrinh943]

Vanguard

[@ಆದರ್ಶಫಿಟ್]

India

[@skyrim654]

Yeah for real.

[@manictiger]

There's plenty of vehicles. Remember that inflation also exists. Every year, you lose about 3%, compounding. So, you want to find something that beats that. You don't become rich if you never pile up equity. Intelligent investing > Saving > Spending

[@campy3]

ATNT has a 7% dividend

[@mikewassef8172]

You didn't even mention how loaded restaurant food is with fats, cholesterol, and sugar. That's a huge expense that can ruin your future. Cooking at home and brown bagging are not just cheaper, they're usually way healthier

[@madthumbs1564]

It's all about consumer choices; you can't accurately blame the industry.

[@alexismisselyn3916]

especially sugar. Every tomato sauce in restaurants holds sugar. This is not necessary and shouldn't be a habit in your home cooking either

[@tdurden9532]

Also didn't mention global warming or how long my dick is

[@tdurden9532]

@Jason H no my dicks length first

[@Marius-nk8hf]

Have you ever been to a real restaurant? Or are you talking about fast food?

[@Boomdizzle99]

Thank you for this info. No wonder I stopped going out to eat. Only time I ever do it is when im on vacation, or when im away from home for a really late errand which isnt very often. Ive always preferred home cooked meals anyways

[@0urMutualFriend]

"he spent over 12% ($9,100) of his total salary!" My friend, I WISH 9k only made up 12% of my salary...

[@MomoKunDaYo]

50% of mine

[@PiOfficial]

Monkey Boy then you don’t work long enough.

[@TheGarageChronicles]

Seriously, he can afford to eat out.

[@timothyyhtomit]

It’s more because they didn’t deduct taxes

[@exantiuse497]

That was a rather stupid example of them. They chose a person whose post-tax income was 75k as their point of reference; I highly doubt 10% of this channel's audience make anywhere close to that given that the median PRE-tax income is around 50-60k in the US (and not everyone watching is even American)

[@periperihustle4561]

thanks to the lock down i've realised how much i was spending on eating out - i've now got so much surplus cash - i'll never go back to that lifestyle

[@rea8585]

Hahaha, the intro!!! You guys are the best! 😀😀😀

[@dashdash_peacecampaign]

The problem for me is that I eat a lot. So sometimes if I’m leaving directly from home to a restaurant is to “pre game”. It means eating some food at home, so I feel the desire to order a larger sized meal when I’m at the restaurant. I have also started eating my favorite NY steak from Costco at home