The first and last weeks of the months are busy weeks for bmp, CPA. The schedule is jam packed with budget clients. There’s always a discussion on the grocery fund and the eating out fund. Particularly with single clients.
‘Isn’t it cheaper to eat out than to stay home and make dinner?’
At one point in time (during the recession) YES was the answer.
Today, the answer is NO.
For those of you curious as to how budgeting works in this case, both eating out and groceries are cash budget funds. Groceries is allowed more of the money than eating out.
See Restaurants Facing a Problem They Haven’t Seen Since the Recession for more information.
