How to Save Money Dining Out

8 Benfits of Eating at Home – Other than Saving Money

by pfincome · 11 comments

in Frugal Living

My wife and I rarely choose to dine out – instead fixing the majority of our meals at home to eat with our children. This is one of the many expenses that we cut from our monthly budget in order to live within our means from a single income. Saving money in areas like food and entertainment expenses allow my wife and I to raise two young boys with one parent staying at home.

While we do dine out every once in a while, we limit ourselves to spending less than $50 per month in this category – which usually includes a few trips to a couple fast food restaurants for the kids and that is about it. Comparing our $12.50 weekly expenses with other families of four who spend a conservative $50 per week dining out – we are saving around $2,000 per year by choosing to eat at home!

Saving money by NOT dining out has it’s obvious advantages to put cash back into your pocket. But what are the other benefits of making a choice to cook at home instead of paying a premium to eat at a restaurant. Here are 8 side benefits that my family has witnessed as a result of eating at home.

  1. Healthy Lifestyle – After saving money, the greatest benefit from dining in compared to eating at restaurants is promoting a healthy lifestyle. Overall, cooking at home is much healthier than dining out. While some restaurants now offer healthy entrees and choices, the options are limited. Food consumed at restaurants typically has a lot more calories and fat than food you have prepared at home.
  2. Lower Health Care Costs – Going a step further on promoting a healthy lifestyle – eating in can lower your overall health care costs. Consumption of fatty and high caloric foods overtime can lead to diabetes and heart disease, among other health issues. If you can eat meals at home and adopt a healthier lifestyle, you are less likely to develop health conditions. Reducing the risk of developing diabetes or heart disease will actually save you a lot of money in the future on health care related costs and prescriptions!
  3. Family Time – An important benefit for any family with children. Eating at home instead of at a restaurant gives the entire family time to talk about their day. If you are constantly on the run and are always eating out – you lose that quality time to communicate with your loved ones. Cooking at home gives you a chance to connect and talk about school with your children and discuss your days events with your spouse.
  4. Knowing What You Eat – This is a big one for my family as my oldest son has food allergies. Do you ever get worried about who is cooking your food and are they doing something with it they shouldn’t? Maybe it is just the conspirator thinking in me – but I really get concerned about what I am eating. As I stated before, raising a son with food allergies can be difficult. Even if you can find something on a menu that does not contain peanuts, eggs, or milk – the food still has to be handled and prepared by humans. Humans make mistakes and they also do things they shouldn’t sometimes. Cooking your own food at home alleviates any doubts as to what you are truly eating!
  5. Reducing Temptation – Anyone on a diet dreads dining out with family and friends. The temptation to order fried or high caloric foods is outstanding when you eat at restaurants. There is just something about eating out with others and the atmosphere at most restaurants that makes it difficult to eat healthy. While many people on a diet are able to avoid these temptations, it is better to avoid the situation entirely. Eating at home more reduces these situations where you may be tempted to order something unhealthy!
  6. Increase of Energy – Another result of living a healthier lifestyle – eating at home can increase your overall energy levels. Since you are eating healthier foods, you are likely to be more active and have more energy compared with a sedentary lifestyle.
  7. Education – Eating at home is an excellent opportunity to educate your children on topics about saving money and eating healthy. If you raise your children in an environment where most of their meals come from a restaurant, more than likely they will end up living that way. As mentioned earlier – dining in promotes a healthier lifestyle which is another important thing to teach your children.
  8. Make Money – Not only will you save money by eating at home, you can actually make money! I mentioned earlier that we save at least $2,000 every year by eating at home compared to other families. If I took that $2,000 and invested it into a high yielding savings account or certificate of deposit – I would be earning income off of the money I saved!

I am not saying that you should never eat out at restaurants. My wife and I like to go out every once in a while for a nice relaxing meal that we don’t have to cook. However, there seem to be a lot more benefits from eating at home which always seem to win out in our household.

What other side benefits can you think of from eating at home compared to dining out?

Article written by John

Hi, I am John and I run PassiveFamilyincome.com. I am a father of two wonderful boys and am married to a great wife. Each and every day I am working to build passive income streams so that I can eventually leave my job and spend more time with my family! You can find me on Twitter - @PFIncome!

Disclaimer Notice - Please understand that I benefit financially from any products or services you may decide to purchase as a result of clicking on one of the links contained in this article or on this site. For more information, please refer to our Disclosure Policy.

{ 2 trackbacks }

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{ 5 comments… read them below or add one }

1 Andy Hough March 26, 2009 at 9:15 am

You covered all the benefits pretty well. Eating out is my main waste of money right now. That picture is making me hungry for In-N-Out. Too bad I don’t live in an area with them any more.

Andy Hough’s last blog post..The Crossover Point

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pfincome Reply:

@Andy – Thanks. I have actually never eaten at an In-N-Out but I liked the picture.

pfincome’s last blog post..Recession in America – Building Your Savings

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2 Dawn March 26, 2009 at 2:39 pm

I think along with your education for the family, there is also education for the cook. Cooking at home can allow the experimental chef the chance to learn new skills. For example, I love Indian food. I used to frequent my favorite Indian restaurant quite a bit, but then I began learning how to make it myself. Those techniques have allowed me to make other ethnic foods I like. Speaking of which, I firmly believe that food cooked at home almost always tastes better than eating out – it has to do with the quality of ingredients and the fact you can customize food to your own tastes.

Dawn’s last blog post..A Spring Update and Looking Ahead

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pfincome Reply:

@Dawn – Any good Indian recipes you can offer up? I like to cook but don’t have a lot of time but always look to try new things.

pfincome’s last blog post..Recession in America – Building Your Savings

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3 Pat with SPI March 29, 2009 at 8:24 pm

Dude, I LOOOOOVVEEEEE IN-N-Out!

Now that my wife and I finally have our own place, we’re trying our best to eat at home together. Cooking together is lots of fun, and it can be pretty romantic too!

Pat with SPI’s last blog post..How to Publish an Ebook Series – Part 5 – Tools and Automation

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pfincome Reply:

@Pat – Yeah, those romantic days for us are over with two little monsters running around while we are cooking. Most of the time diner is more stressful than fun!

pfincome’s last blog post..Recession in America – Building Your Savings

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4 Vik Dulat April 5, 2009 at 5:08 pm

Trying to eat at home is a challenge but once you succeed, the rewards can be felt in the wallet and you feel much better mentally.

Vik Dulat’s last blog post..10 things my parents taught me about money

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pfincome Reply:

@Vik – I agree. It is kinda like being on a diet of sorts. At first it is hard but once you get use to it, it becomes much easier. Thanks for stopping by!

pfincome’s last blog post..Recession in America – Building Your Savings

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5 Roxanne November 16, 2009 at 2:49 pm

I’m doing a speech on Eating at home, and your article helped me out alot. Great Advice and thank you!!

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