By Sarah Hall, Consumer Education Services Inc.
If you want to cut your expenses, one obvious place to start is evaluating whether you spend too much eating out.
Whether it’s ordering a pizza on a Friday night or picking up a burger for lunch on a Wednesday, the average American household spends more than 40 percent of their food budget on food away from home. And it’s far too easy to fall into bad habits that leave you reaching for a delivery menu at certain times of the week when you’re too tired to cook.
But, when you start relying on restaurant kitchens — and not your own — on a regular basis, those food costs start adding up quickly, using cash that might be better spent paying off debt, building your emergency fund or saving for retirement. [Read more…] about Is Eating Out Hindering Your Financial Success?