New research found that while Brits are trying to cut back on their spending habits, adults are still forking out over £80 a month on dining out
A survey of 2,000 found individuals are spending an average of £84 per month on food outside the home, shelling out more than £62,000 on dining out over their lifetime.
This is despite the fact that many adults are attempting to curb their spending habits. 64% are currently keeping a close eye on their finances and as a result are keen to cut costs where they can, including dinning out.
But, it’s not that easy: according to the survey, those who dine out with loved ones believe it’s worth the expense, with two thirds suggesting that’s because of the memories they create.
Over half view it as an ideal bonding time, two thirds consider going out for a meal as their favourite way to spend quality time with friends and family, beating catching up at home or going for a walk.
An impressive 44% confessed they’d go out for food with their family every day if they could, with 41% finding enjoyment in sampling foods they can’t easily whip up at home – with steak and roasts listed as the top meals to have when out.
Ever wondered how much you spend at restaurants over a year – or even your entire life? Input your details into this calculator to see how much cash you’re splashing on dining experiences.
Spokesperson Kristin Sonfield for Compare the Market, which conducted the study, commented: “Meals with family or friends at restaurants provide a change of scenery and a chance to try new cuisines, enhancing both our culinary and cultural experiences.”
“Parents could find restaurants a great place to introduce their children to new food, given the variety of options which cater to different tastes.”
She adds: Food brings us together – but the cost of meals out definitely adds up As dining out together is important for so many people, thinking about how you could save money at the same time is a smart idea.”
