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Financial Friday: Calculate your meal costs

Hi friends,

Here’s a fun, quick financial exercise:

Pick a favourite meal.  Look up the cost of that meal online at your favourite restaurant, like if it’s a fettuccine dish from a psata place that cost $15.

Then, next time you’re at the grocery store, make a little list of the cost of the ingredients for the same meal and compare the costs.  There are definitely a lot of meals that cost less to make at home, and a few that are cheaper at a restaurant, Check and see which ones are worth buying and eating where 😀
Amy

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Financial Friday: Track your restaurant dollars

Hi friends,

Here’s a pretty quick, but scary! mission to take the last month’s expenditures and review how much you spent on restaurants in that period.  Information is power when it comes to money and this will be a learning experience.  Log in to your bank account, and print out your last month’s transactions.  Then, just go through with a highlighter and mark each transaction that counts as a restaurant – convenience store snacks, takeout pizza, dine in restaurant meals, drive thru coffee, and so on.

Then, add it all up.  Absorb that number, and set a goal with your family to lower it.  Try and beat your total by lowering it next month.

Good luck!
Amy

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