The average American household spends about $565 on alcohol every year.
While that may seem like a relatively small number, it can really add up over time. This kind of splurging could be detrimental to a household’s budget. But are there any foolproof ways to save money on this particular vice?
If you’re interested in learning more ways to save money on good cheap alcohol, keep reading!
Stop Buying Name Brand Booze
One of the best money saving tips is to stop buying the more expensive, name brand alcohols.
For many of us, there’s not much of a difference between a $60 bottle of tequila and a $20. The occasional at-home margarita is going to taste just as good after a long day at work, as a top shelf beverage at a bar, right?
While it may be tempting to buy name brand, it’s not really necessary for most people. Skip it and get something a little cheaper that tastes about the same.
Buy in Bulk-But Keep This in Mind
Like most things, buying your favorite alcohol in bulk can save you a lot of money in the long run.
Big bulk stores like Costco and Sam’s Club will offer deals on alcohol that you should absolutely research before making a purchase. It’s always important to check the individual unit purchase, of course, to make sure you’re actually saving money in the long run.
Buying your favorite red wine in a box will give you more to drink and it will last longer in your fridge! Definitely a great money saving tip.
Online Shopping for Good Cheap Alcohol
One of the best parts about the internet is online shopping. We all love to do it. There’s nothing better than getting a couple packages full of goodies on our doorsteps.
Conveniently, you can now buy your favorite beers and wines online now too!
Websites like Amazon even offer pantry deals for your favorite liquor. This allows you to save anywhere from 10-15% on your monthly alcohol purchases.
If you’d like to buy red wine online, visit this site for some great pricing and unique flavors.
Make Wise Bar Decisions
It’s happened to all of us at some point in our lives.
We go out for drinks with friends, the alcohol starts flowing and…Then we wake up the next morning with an unusually high charge on our credit cards.
Saving money on liquor in the bar is one of the easiest and most effective ways to keep your alcohol costs down. Limiting yourself to one or two drinks is always a good idea when out with friends.
It’s also a good idea to stop drinking top-shelf liquors. Much like shopping for your home beverages, you probably aren’t going to notice the difference between a very expensive, high-end vodka and a lower shelf, less expensive liquor.
Need More Money Saving Tips?
Just because you want to live a more frugal lifestyle doesn’t mean you have to give up some of your favorite things.
Finding ways to save money on good cheap alcohol is going to help your yearly budget in the long run. Just remember, when grocery shopping, make sure you pay attention to sales and keep to a strict list.