Wednesday, November 9, 2016
Reviewing and Budgeting for 2017: Restaurant and Take Out
We are continuing to review our spending for our 2017 budget planning. Hubby and I are crunching the figures for the ten months in 2016 and the past twelve months.
Our restaurant and take out figures for the 10 months in 2016 were $ 1371.20 which averages out to $ 137.12 a month. Our figures for November of 2015 through October of 2016 were $1568.44 for an average of $ 130.70 per month.
We have come to the conclusion that the amount of money we are spending in this category isn't really that excessive. However that being said, we believe we can do better. So we are setting a monthly budget of $ 100.00 or $ 1200.00 for 2017.
We really don't go out to restaurants that often and when we do, we have a tendency to take family with us and we always pay. So our figures above include more than meals for us.
That being said, the amount of the total that was fast food is much higher than we would like it to be. To be honest, we really don't like fast food with a few exceptions. We love Panera Bread and Subway. With those exceptions, every other time we have gotten fast food we are usually disappointed with how truly bad and unhealthy it is.
So we are going to make a concerted effort in 2017 to stay away from fast food with those two exceptions. I already have two Panera Bread $50.00 gift cards that I paid $ 80.00 for from the Top's Supermarket deal. They will more than likely be used for the Tuesday bagel deals not eating there. However they are paid for and will be an expense in this month's budget not in 2017. I will show them as a gift since we don't buy gifts for each other for Christmas. However we do tend to stock on discounted gift cards for ourselves at this time of the year instead.
The budgeted amount that we don't use in any given month will roll to the next month. So if Hubby and I prefer to go to a finer dining restaurant we can afford those.
That said we will truly be making an effort to make most of our meals at home. I can make them healthier and I know how clean my kitchen is.
I am curious. What do you spend on eating out each month? Will you be stocking up on gift card deals? Will you use gift cards from reward points or online earning sites for restaurant gift cards? Do you plan on cutting back? Please share with all of us in the comments.