A year has 52 weeks, Drinking every Friday and Saturday would make up to at least 104 drinking sessions a year if I include public holidays it would be even more. Let’s just use 100 drinking sessions a year to calculate to make things easier.
Let’s break down to how much I normally spend
- Taxi S$30 (From where I normally drink and go home after midnight)
- Drinks: S$100
- Optional: Tips/Flowers: S$ 50 – 200 (Depends, sometimes none)
- Optional: Supper: S$10 – 20 (Depends, sometimes none)
An average of S$190 to S$320, let’s take the middle number S$240 per drinking session
S$240 X 100 drinking sessions = S$24,000
I stopped drinking for around 1.5 years and managed to save around S$33,000. I managed to pay the downpayment for a second hand Lexus IS Hybrid IS300h and even service my loan, insurance, road tax and etc.
I’m not expecting everyone to stop drinking and buy a car, what I’m saying is instead of spending the money on drinking I could have saved more money or buy something I want instead.
You won’t be rich by not drinking but at least you will not be poor.