Want to save some money? Cut your cost of eating out4 min read 22 Jun 2019, 02:42 PM IST
Sudden job changes, friendly obligations and a hectic week — a few reasons why the young are splurging on eating out. But it must be in moderation
According to a study by RedSeer Consulting, millennials spend at least ₹2,500 a month on eating out
Mumbai: Nidhi Passi, 21, a Mumbai-based fitness professional, had to shift to Mumbai on a rather impromptu notice to take up her new gig in the city. “I am currently living in a temporary accommodation and have to conduct fitness sessions the entire day. I am out most of the time and I eat out as I do not have any other arrangement," said Passi. While her daily average eating out cost is around ₹300, her monthly expenditure is about 66% of her salary, including other outings with her friends on special occasions. “I am not paying rent now so I find the cost manageable. Once I move into a permanent accommodation, I’ll look for cost-friendly options like a mess," said Passi. However, currently eating out is not always a necessity but also a means of luxury or a means to get a break from a work-packed week. “It’s not like I don’t get to save at all but this situation is temporary and it’s only a matter of time before my finances get sorted," she added.