Top Four Best Ways to Save Money at Bars

A great and foolproof way to save money is to halt all outside entertainment all together.  Think of the money you could save if you never ate out, never left the house or never entered a bar again–a lot.  However, this is ridiculous, sacrificing a bit to save money is ok, but totally giving up your entire social life and a great deal of enjoyment now, just to save some money for later is ludicrous.  That is why I have put together the Top Ten Ways to Save Money at Bars.  And here we go ladies:

  1. DO NO OPEN A TAB  I repeat, DO NOT OPEN A TAB.  Tabs are great, but you are paying double the money for the ease of not having to pull out your wallet each time.  Please review Example A. Let’s say the average drink costs you $10 and when paying cash most people leave $1 tips per drink. So if you were to go out and have 10 drinks, you’ll probably wake up naked and not know where you are, this is not advised. However, for the sake of easy math, let’s say you had 10 drinks at $10 a piece and paid cash you would have left $1 per drink bringing you to $10 in tips.  Next let’s take Girl #2 who opens a tab when she gets to the bar, flirts with the bartender, rinses and repeats.  When she goes to close out her 10 drinks at $10 a piece, she is more likely to at least give a 15% tip, if not a 20% which I feel is more the norm now.  Girl #2 has now spent a total of $20 in tips that is double what Girl #1 spent, and actually enough to buy and entire other drink for the hot guy down at the end of the bar (not advised, I advise you to pocket that shit for your next night out).  If you go out twice a week, you are saving a total of $80/month by never opening that tab and paying with good ol’ american dollars.
  2. ONLY MIX ALCOHOL WITH SUGARFREE MIXERS  If you are in college, or a recent graduate, I am going to assume that your main goal in going out is to get effed up drunk (another think not advised by Miss Assets), however if this is what you choose I am here to help.  This is where the science comes in, don’t worry, I’ll make it painless. Basically sugar makes it harder for your blood to metabolize the alcohol (which is a good thing to adults), but for you guys a bad thing.  So Tip #2 is only drink your hard alcohol with sugarless liquids, which basically include anything diet, diet coke or pepsi, still water, and soda water (steer clear of the tonic).  Let’s just say if it usually takes 3 captain and cokes to get your tipsy, you’ll only need 2 captain and diets to get the job done.  Don’t tell you parents I gave you this tip.
  3. GO HYBRID – That’s my new, more sophisticated way of saying “pre-party” without sounding like a junior transfer.  Basically mix it up.  Have a drink at home, take a cab to the bar, have another there, walk home, have another.  Best of both worlds, you save money, but remember do not say “pre-party” unless you want to sound like a late-90’s frat boy.
  4. BEFRIEND YOUR BARTENDER — Yes, it’s the oldest trick in the book…because it works.  I’m not saying “use” your bartender, I’m saying actually, genuinely befriend them.  Their interesting, they know everyone there and you’ll get cheaper to completely free drinks.  

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About MissAssets

I am not a financial expert. I do not hold a degree in Economics. I don't have a ton of money and worst of all I can't juggle to save my life, but I research my ass off everyday to earn easier, save better and spend smarter. So why not share? At age 28, I am trying to get better control over my finances and my future and I am willing to post everything I learn. Some posts are lessons, some are about cheaper ways to get expensive things and some are just quick tips on how to make your shampoo last longer (not washing your hair is always an option). My goal by July of 2010 is to be completely out of debt. Debt that I have accrued through years of investing in my entrepreneurial spirit--it's been fun, I've learned a lot and it's been worth every penny, but now I'm going to get it all back and more.

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