February 8, 2023
Cash in on Good Health
3 Big reasons to fix meals at home instead of eating out:
- Spending some precious quality time with your family.
- Getting a refill on your drink as soon as it’s empty.
- Taking your shoes off under the table without getting that look from your partner (probably).
Here’s another reason to fix meals at home more often than going out: Each ingredient at your favorite restaurant has a markup. (Obviously – otherwise they wouldn’t be in business very long.) But how much do you think they mark up their meals? 50%? 100%? Nope. The average markup for each ingredient at a restaurant is 300%!
A $9 hamburger (that’s right – without cheese) at a diner would cost you less than $2 to make at home. Go ahead and add some cheese then! Restaurants need to make a profit, but when you’re trying to stick to a financial plan, cutting back on restaurant-prepared meals can make a big difference.
In addition to saving you money, cooking at home also has health benefits. A study conducted by the University of Washington found that those who cooked at home 6 times per week met more of the US Federal guidelines for a healthy diet than those who cooked meals at home 3 times per week. In other words, if you’re eating at home more often than you’re eating out, you’re more likely to be getting in your fruits, veggies, and other essentials of a balanced diet.
Taking better care of your health and saving money? Now that’s a reason to fire up the backyard grill!