Your
recreation costs should be around 4-6% of
your total take home pay
Recreation costs include dining out,
going to the movies, hitting the fast
food chains, vacation travel, concerts,
etc.
Family recreation is one area that can
be reduced to meet some of your financial
goals. You can do this by cutting your
recreational activities to 1/4th of your
total cost by simply shifting outside
recreation to self-planned activities.
For example:
Dining: let's say that you dine out once each
week. Your cost reduction plan will
limit your dining out to 1 time each
month replaced by three times dining
in with friends (alternating among
friends).
Movies: let's say on average that you go to
the movies 2 times each month. Your
cost reduction plan will limit your
going to the movies 1 time every two
months replaced by 3 times inviting
friends over for an in-home video.
Fast Foods: let's say on average that you dine
at fast food establishments 4 times
each week. Your cost reduction plan
will limit your fast food activity
to 1 time per week replaced by a more
healthy menu of prepared vegetables
and fruits.
These cost reduction tips do not decrease
recreation time. It simply shifts from
paid-service activities to more self-planned
activities.
Lower Recreation Costs:
Dining Smart
The
convenience of drive-ups and fast foods
drive up dining cost — not to mention
the obesity numbers
Reducing dining costs involves two cost-cutting areas:
dining with coupons and other restaurant
specials
reduce dining-out and eating more
at home
Dining out with coupon savings
Use coupons and other restuarant specials
when dining out.
Keep a file folder of all dining coupons
retrieved from coupon pacs and other mail-in
items. You will have on file an inventory
of resturant favorites at reduced pricing.
Limit your dining pleasure to those establishments
that offer the best bargain.
Also check out online sites for dining
specials and discounts:
Establish a monthly dining-out budget
based on your financial goals. Use coupons
and dining specials to keep yourself within
budget.
Go to Our Coupon Center:
link to our nBuy center for restaurant and dining coupons and specials
Dining in
You can copy the "taste"
and "variety" that you will
find in a restaurant by shopping the gourmet
section of your local grocer. You can
find some quick and easy prep meals that
simulate a restaurant meal — for
about half the price.
For some fun, try out
some new recipes with friends and family:
A fun event for all ages is a murder
mystery party. Many of these mystery kits
can be download for both adults and children.
Suggestions:
link to our nBuy center for a complete line of murder mystery games and dinners
Party planning and shopping
Having the right decor can make a fun
event entertaining:
For
great party supplies, gifts and favors... Helping you plan your party:
link to our nBuy center for a party planning ideas and food suggestions
Lower Recreation Costs:
Having Your Own Movie House
Designing your own movie house
Let's face it. You can't replicate the
big screen movie house in your own home.
But going to the movies comes with a price
— reaching close to $10 per ticket
in some cities.
Some cost cutting ideas
hit the movies
in the off-time:
this is when prices come down for matinees
and other specials
hit the movie houses
in historical districts:
the movies may not be the latest releases,
but you can capture the same big-movie
house effect for about half the price.
wait for the video
release:
movies are converted to home use within
weeks from it release. So you don't
need to wait too long before seeing
the film at home.
You might consider throwing a video
party and inviting a few friends to
enjoy the evening:
Visit a national
historical site —
many of these parks are open FREE of charge:
visit a national park
link to our nBuy travel center for a travel adventure and other special events
Lower Recreation Costs:
Taking Care of the Vices
$1 spent daily
for lotteries, coffee, smoking and a soda
equals $1460 a year. Some interesting facts:
State Lotteries:
Lotteries depend most on those least
able to afford them
The average player spends $313 per year
on the lottery
Those with incomes of less than $10,000
spend $597
African-Americans spend $998 compared
to $210 for whites
High school dropouts spend four times
as much on the lottery as do college graduates
More than half of all lottery tickets
are bought by just 5 percent of those
who play,
The National Opinion Research Center
estimates that problem gamblers (those
addicted to gambling and whose families
often suffer as a result) account for
14 percent of total lottery revenues.
Gambling:
It is estimated by the National Academy
of Science that there are 15.4 million
addicted gamblers in the U.S.
Gambling threatens youth, just like
smoking, and too many elderly loose all
or part of their savings.
The American Psychiatric Association
describes pathological gambling as a compulsive
disorder. Addicts even sell gold
teeth. Addiction can come on quickly and
does not go away.
Gambling has hidden negative economic
impacts. These include bankruptcies, treatment
for addiction, and penal system
costs.
Over 6 billion dollars is already spent
to cover costs of addictive gambling.