Life / Money

This year, restrict holiday drinks to half-price happy hour: Scorgie

For it's second challenge, Metro's Small Changes, Big Win series gets you to scope out discounted drink specials. Enjoy responsibly and bank those savings.

Half-price drinks deserve to be met with holiday cheer.

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Half-price drinks deserve to be met with holiday cheer.

Small changes to the way you spend your money can really add up. Metro financial guru Lesley-Anne Scorgie has pulled together weekly tips that will add a minimum of $10 to your savings. Here’s the catch; you’ve got to e-transfer that money into your savings account either every week or daily … and try to ensure that you’re not paying unnecessary fees on your savings account. Ready to watch your money grow? Check out this week’s tip.

Week 2: Restrict holiday drinks to half-price happy hour

How It Works: ‘Tis the season for many after-work libations. Spiced rum and eggnog. Mulled wine. Baileys and coffee. The challenge, however, is that festive cocktails will set you back by an average of $10 each drink. When you layer five separate social occasions by the end of the year, it adds to $50 … and that’s assuming you limit your quantity of drinks to just one per outing. Taking advantage of happy hour specials, however, can sharply reduce the cost.

What to do: Research which restaurants and bars cut their prices by 50 per cent during the hours of 3 and 7 p.m.

Take Action: This holiday season, plan drinks with friends during half-priced happy hour evenings. Then, e-transfer $25 into your savings account following five dates.

Matchmaker: Combine your social gatherings with compatible friend groups so that you reduce the number of times you go out.

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