Today MyRate reviews some tips about saving money in the domain of entertainment.
I was very shocked last saturday when I went to the movies and was charged close to $19 for one ticket. Five years ago, I was used to pay $15!But everything changes, nothing remains the same: wages go up, prices go up, rent goes up, house prices go up, I suppose movie tickets go up too.
If you were to take your average family of 2 adults & 2 children to see the latest 3D movie, it would cost you close to $80 and that doesn’t even include pop corn or drinks!
To “save” money, you might think subscribing to Pay tv is the solution. With packages averaging $100 per month, you can watch as many movies as you want from the comfort of your home.
This is true but this is still $100 gone every month and more time spent vegetating in front of your television.
I think a good compromise would be to go to the movies every 2 or 3 months or you could go every month while taking advantage of the “cheap Tuesdays” sessions which are 40% cheaper than normal.
This way you still allow yourself and your family to be entertained without blowing your budget.
The money not spent can go towards saving a deposit or go towards paying your home loan faster!
Calculate how much you would save if you cut back on your unnecessary expenses such as movies tickets or pay TV subscriptions, and put the money towards your home loan.