Saving Couples Money Through Food Expenses
For most couples, food — whether eating out or ordering in — is the biggest category where there’s money to free up and redirect into something that matters more. Financial expert Ramit Sethi identified a host of factors that make dining expenses particularly difficult to control, including emotional spending on convenience, impulsivity, and reward. By consolidating restaurant spending on a single shared credit card and implementing strategies like planned leftovers, couples can reduce their food expenses and redirect that money towards other financial goals.
- The ability of couples to save money by reducing food expenses could have significant implications for the overall state of household finances in the United States.
- How might the rising costs of living, particularly in urban areas, impact the effectiveness of strategies like those outlined by Ramit Sethi?