Ever feel like your wallet is hung over? 🎉 Sure, you might not wake up with a pounding headache, but a few too many nights out can leave your bank account reeling.
🍸🚫Enter the magical concept of going booze-free for a month.
Whether it’s Dry January, Sober October, or just a personal reset, ditching alcohol can do wonders—not just for your health but for your budget, too. 💰
Here’s Five Fast Facts on saving money by drinking less:
- ✅ Reset Button - Americans love a good booze sesh. According to a 2023 Gallup poll, 62% of US adults report sipping on grandpa's cough medicine. Out of those savvy sippers, one in five say they drink more than they should. Dry January is a popular time to reset the ol’ liver. Around 25% of Americans completed it last year, up 16% from 2023!
- 🍻 Cocktail Cash - Getting tipsy with the gals can also hurt your wallet. Every year, Americans spend an average of $583 on alcohol. That shakes out to about $50 per month. Depending on prices at your local watering hole and how often you hit the town, that number could be even higher.
- 🍕 Bender Fund - On top of paying for drinks, other expenses often get tacked on when you’re letting loose. Bartender tips, Uber rides home, and a late night spontaneous Papa John’s order might also be on your tab. The next thing you know, over a hundred bucks could easily go down the drain.
- 🗓️ Think Ahead - To keep yourself on track for Dry January or Sober October, plan your schedule out in advance. Ask your pals to come over for a game night and serve up all the snacks instead of hitting the bar. Don’t wanna stay in? Order yourself a mocktail (so hot right now) or a nice crisp Diet Coke!
- 🔢 Number Crunch - Another way to stay sober: run the math on how much you’ll save by going booze-free. Come up with a goal to put that extra cash to good use, whether it’s padding the emergency fund or saving for that summer vacay.
🔥Bottom line: If you pass Dry January with flying colors, why not see if you can carry it through the rest of the year? Think of how healthy AND wealthy you’ll be! ‘Tis the season for resolutions, but starting up a budget might not be as smart as you think. In this article, we talk about why budgets and diets don’t cut the mustard.
Are you on Team Dry January?
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