10 Smart Ways to Cut Costs When Dining Out

Eating out is a treat, but it doesn’t have to wreck your budget. In 2022, the average American spent over $3,600 on dining out, according to the Bureau of Labor Statistics. However, with some strategic choices, you can enjoy your favorite meals while keeping more money in your wallet. Here are 10 practical ways to save when eating at restaurants.

1. Take Advantage of Happy Hour

Happy hour is not just for drinks. It’s a great time to get discounted appetizers and meals at some restaurants. These specials typically run before or after peak dinner hours on weekdays. Even if the timing isn’t ideal, the savings can be worth adjusting your schedule. Just be sure to check the restaurant’s happy hour offerings in advance, as they can change frequently.

2. Split a Meal

Restaurant portions are often oversized, leading to wasted food (or forgotten leftovers). If you’re dining with someone who has similar tastes, consider splitting an entrée. This works best at places known for generous servings. Just check if there’s a plate-sharing fee, and make sure the savings still make sense.

3. Bring Your Own Bottle

Ordering drinks at a restaurant can quickly add up. If allowed in your area, look for BYOB (Bring Your Own Bottle) restaurants, where you can bring your own wine or beer. While some places charge a corkage fee, it’s often cheaper than paying restaurant markups on alcohol.

4. Beware of Ordering Apps and Kiosks

Self-service tablets and mobile ordering apps may seem convenient, but they’re designed to tempt you into spending more. Some restaurants have reported that customers order up to 20% more when using these tools. Stay mindful of pop-ups and add-on suggestions and stick to your original order.

5. Cut Extra Costs for Your Night Out

Dining out involves more than just the restaurant bill. If you need childcare, consider asking a family member or swapping babysitting duties with a friend. Also, think about how you’re getting to the restaurant—carpooling or walking could help reduce transportation costs.

6. Double-Check Your Bill

Billing errors happen, and they can cost you. Always review your receipt to ensure you weren’t mistakenly charged for extra items. If you’re paying with a card, snap a quick photo of the bill after adding the tip so you can verify the final charge later. Also, keep an eye out for automatic gratuities or kitchen service fees to avoid over-tipping unintentionally.

7. Dine at Training Restaurants

Want a fine dining experience without the hefty price tag? Look for soft openings of new restaurants, where menu items are often discounted as staff get up to speed. Culinary school restaurants are another great option—students training to become professional chefs often prepare gourmet meals at a fraction of the cost.

8. Join Loyalty Programs

Many restaurants offer rewards programs that can earn you free food, discounts, or special perks. Whether it’s a digital app or an old-fashioned punch card, taking advantage of these programs can lead to substantial savings over time.

9. Seek Out Kids-Eat-Free Deals

Dining with little ones? Many restaurants offer free kids' meals on specific days of the week. Check local listings or call ahead to see if your favorite spots have these promotions—just be prepared for a busier dining experience on those nights.

10. Avoid Holiday Markups

Dining out on major holidays often means dealing with higher prices and limited prix-fixe menus. Restaurants take advantage of increased demand by raising prices or restricting menu options. Instead, celebrate on an off-peak day and enjoy your favorite meals at standard prices.

By making smarter choices, you can continue enjoying restaurant meals while keeping your spending in check. A little planning goes a long way when it comes to saving money while dining out!

Sources:

https://www.fidelity.com/learning-center/smart-money/how-to-eat-out-for-cheap

 

Disclosures:

This information is an overview and should not be considered as specific guidance or recommendations for any individual or business.

This material is provided as a courtesy and for educational purposes only.

These are the views of the author, not the named Representative or Advisory Services Network, LLC, and should not be construed as investment advice. Neither the named Representative nor Advisory Services Network, LLC gives tax or legal advice. All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. Please consult your Financial Advisor for further information.

 

 

 

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