How Quitting Alcohol Can Help You Save Enough to Finally Buy That Yacht (or At Least a Nice Pair of Shoes)

Let’s talk about the financial perks of sobriety, shall we? The amount of cash you can save by ditching booze might just blow your mind – or at least buy you a fancy blender for all those delicious mocktails. While I can’t guarantee you’ll amass a fortune, it’s worth acknowledging that every cent adds up, doesn’t it? Depending on your previous drinking habits, your location (sorry, pricey city dwellers), and the cost of living, the savings can range from “Wow, that’s a nice dinner out” to “Holy guacamole, I can afford a trip to Bora Bora!”

Moderate Drinkers

If you’re a moderate drinker who enjoys a daily indulgence of one or two drinks, here’s some news that might tickle your wallet: by opting to abstain from alcohol, you could pocket a cool $700 to $1,400 annually. Just imagine the possibilities! That’s a budget-friendly vacation, a fancy new gadget, or perhaps a delightful splurge on something you’ve been eyeing. So, while saying no to those tempting libations may seem tough at first, remember that your bank account will thank you. Think of it as a financial toast to your frugal side.

Heavy Drinkers

Heavy drinkers who consume four or more drinks per day can save thousands of dollars per year by abstaining from alcohol. For example, a person who consumes six drinks per day at a cost of $10 per drink could save around $2,190 per month or $26,280 per year.

Urban Areas

Living in urban areas with higher alcohol prices can be a boon for those who choose to abstain from alcohol. Take, for instance, someone residing in a city where a single cocktail carries a price tag of $15. By making the decision to refrain from indulging in one cocktail per week, this individual could potentially save an impressive sum of $4,380 in a year. Such savings highlight the significant financial impact of abstaining from alcohol in areas where prices are elevated, allowing individuals to allocate their hard-earned money towards other priorities or even bolster their savings.

Social Drinkers

People who consume alcohol primarily in social settings may not save as much money from abstaining from alcohol, as they may still need to pay for non-alcoholic drinks or other expenses associated with socializing. We recommend bringing cash, so you are not splitting the bill with your friends who are most definitely spending a lot more on their cocktails and glasses of wine. One other pro-tip…We tend to order Arnold Palmers (lemonade and iced tea). You’ll get a little caffeine boost, and they are not expensive like the sugary mocktails that are often on the menu.

Final Takeaway

It’s important to note that the financial benefits of sobriety extend beyond just saving money on alcohol. Sobriety can lead to increased productivity, better job performance, and a lower risk of health problems associated with alcohol use, all of which can lead to long-term financial benefits.