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Reply to "The Biggest Waste of Money - Suze Ormn"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Suze Orman, with a net worth over $75 million, says the biggest waste of money is eating out. She never eats out and will never buy a cup of coffee. Isn't this quite shocking, even for a financial guru?[/quote] Her choice. But she isn't wrong. You can spend $.50 to make a great cup of coffee at home or pay $7 to get the same thing made for you. That's almost $200 savings per month per person. I can shop at Whole Foods and make an extremely nice dinner for 4 for $30 (and a basic M-F dinner for $15 for 4). That same dinner in a restaurant would be $250 plus 20% tip. Nice bottle of wine for $40-50 at home, same bottle would be $120-150 in restaurant. Many rich people are surprisingly frugal. They don't just waste money because they have it. They actively make decisions of what to spend their money on. [/quote] If you're rich and can't enjoy some food and wine at a restaurant, I don't even know what the point of being rich is. Just be poor in that case.[/quote] +1 with a lol What even is the point of life? Eating out is an experience annd way to get to know the world and other people and cultures. Imagine also never eating out while traveling. [/quote] My husband and I discuss this a lot. We are both into saving but him more than me. I tell him if we only save and never spend then it’s basically Monopoly money to me, if I can’t use it for anything. [/quote]
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