19 tips to save on entertainment
The average American family spends $2,500 a year on entertainment. Here are 19 ways to substantially reduce those costs.
This post comes from Angela Colley at partner site Money Talks News.
We recently provided 30 easily digestible ways to save on food. Today we turn to a different potential budget-buster -- keeping yourself amused.
In 2010 (the latest year available), the average American family spent $2,504 a year on entertainment, according to the Bureau of Labor Statistics -- less than on food, housing or transportation, but still about 5% of overall expenses. Find ways to amuse yourself for less, and you could divert a nice chunk of change to paying down debt, building savings, or otherwise making yourself wealthier.
In the video below, Stacy Johnson gives you five ways to save on entertainment. Check it out, then read on for more tips.
Here's a recap of those five tips, plus 14 more:
Get discounts on dining out. You don't have to cut out restaurants altogether to save on entertainment costs. Sites like Restaurants.com sell gift certificates at deep discounts. Most $25 gift certificates go for $10, and sometimes for as little as $2.
Attend amateur sporting events. In 2010, the average cost of a ticket to an NFL game was $76.47, according to USA Today. If you like watching live sports, attend amateur league games. They're much, much cheaper.
Read for free. With a membership at your local library you gain free access to thousands of books, e-books, magazines, books on tape, and DVDs. Other sources for free e-books include Project Gutenberg and ManyBooks.net. And don't forget about blogs and online news sites. Most newspapers have an online presence, so ditch the subscription and start getting your news free.
Volunteer. As Stacy said, volunteering doesn't cost a dime and will pay off big for both you and your community. Local animal shelters, homebuilding groups, shelters and food banks are always looking for volunteers. Also check out volunteer opportunities at local festivals and events. By volunteering, you get to go to the event free.
See a matinee. According to the National Association of Theatre Owners, the average cost of a movie ticket was $7.89 in 2010, but tickets run much higher in some urban areas. Attend the matinee (from 4 to 6 p.m.) for cheaper ticket prices, or look for film festivals and independent film theaters where tickets are even cheaper.
Rent movies for less. While libraries do offer movies, they may not always have the newest releases. One inexpensive option is Redbox, which charges $1.20 a night.
Drink at happy hour. You'll find two for one, dollar drafts, and other drink specials. Many bars also serve free food during happy hour, so you can eat and have a drink for one low price. While you're there, see if the bar has theme nights. Some bars have ladies night or offer discounts during sporting events.
Swap baby-sitting gigs. You can spend more paying the baby sitter than you do on the night's entertainment. Instead, offer to trade baby-sitting services with a friend.
Swap cable for streaming. The average cable bill is $75 and rising, according to CNN. In "You don't have to pay for cable TV," we gave you several ways to get your TV fix without the high cost, like Netflix ($7.99 a month) or Hulu (free on a limited basis).
Avoid ticket surcharges. Buy your tickets online and you'll pay a surcharge. Buy your tickets in person at the box office or over the phone through the venue directly and you won't have to pay the extra fee.
Find free concerts. Depending on where you live, you might have access to free music. In New Orleans, I can attend a free concert every week downtown. Check out your city's tourism website for similar events in your area.
Spend time in nature. Don't overlook the outdoors when you're looking for something to do. Admission to many national parks is always free, and all are free on certain days each year.
Get discounts on amusement parks and events. If you're not a frequent visitor, check your local grocery store, retail chain, or drugstore for discount tickets. Some stores sell discount tickets to events if you buy in advance.
- Would you spend $200,000 on lunch?
- The 10 golden rules of saving on everything
- The 10 commandments of wealth and happiness
- How do your finances stack up?
- The shocking cost of the senior prom
- Try the 50-30-20 budget
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
ABOUT SMART SPENDING
LATEST BLOG POSTS
Tired of your wallet taking a beating at the grocery store? Here are some creative ways to save big on food costs.
VIDEO ON MSN MONEY
BLOGS WE LIKE
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'