How to Save Money on Alcohol

Moderate alcohol use has health benefits. Alcohol use is not undesirable as long as your consumption remains moderate. Moderate alcohol use reduces the risk of diabetes in both men and women. Alcohol use also improves the body’s sensitivity to insulin. Studies suggest that moderate alcohol consumption by adults can help reduce the risk of dementia. Thus, moderated alcohol use can benefit your health and also help you save money spent on otherwise steep drinking bills. 

Uncontrolled drinking leads to alcoholism. Alcoholism or excessive alcohol drinking is a disabling, addictive, and habit-forming disorder. Alcoholics indulge in alcoholic drinking with no restraint. While drinking alcohol is convivial and even healthy, consumption must remain moderate. Heavy alcohol use or drinking can affect you mentally and raise stress levels. It may also lead to physiological changes in the brain and body.

Here are five ways that you can save money on alcohol:

1. How to save money on alcohol -- go local:

If you want to save money spent on alcohol, make it a point not to go out to drink. Also, choose local brands to save on alcohol. This can help you save money. Alcohol is used as a loss leader by stores to draw customers. As a money expert, you can exploit this to save money spent on alcohol. The local press, radio, and cable TV frequently advertise stores using alcohol as the loss leader.

To save money on alcohol, you can make home wine and beer. After all, it is legal to do so for home consumption in 48 States!

Along with providing a calculator to help you total up how much you spend on alcohol, MoneyExpert.com (a financial service price comparison website) advises selecting a party or wedding hall that allows you to bring your own alcohol. You may save on your social drinking bills by a huge margin, in some cases, even close to halving the cost, for weddings, graduations, birthdays, and any such large event!

Costly drinks, being of a better quality, are less harmful, even if consumed in slightly greater quantities. Realistically, you save money by selecting quality drinks because you do not subsequently spend on doctors. Cheaper drinks save you no money in the long run. Actually, you squander money when you buy cheap drinks because they may be harmful to your health and can snowball into heavy medical expenses, apart from causing severe hangovers. 

Everyone knows that bars, restaurants, and pubs charge more for food and beverages. The best tip on how to save money on alcohol when drinking out is to choose draft beer. It is usually cheaper than bottled beer. Another tip for saving money is to make optimum use of happy hours. Restaurants offer huge deals on food and drinks served during happy hour. Keep your eyes peeled for such discounts and all-you-can-drink packages. Finally, in order to save money on alcohol, never get lured into the fixed cover charge trap of establishments.