A friend reserved an area for his daughter's birthday inside this all you can eat buffett restaurant. It cost $10.95 for a lunch buffett. This place host the same business but to a new owner. The previous owner(s) failed at their attempts by charging patrons $19.95. Maybe it was at this price that their business failed. That is a huge difference of $9 per meal. Let me tell you, I have not seen that many people packed at this place before. The wait was out the door by 30-50 people long. They mainly serve asian cuisine and lots of sushi. If you're a sushi fan like myself, paying $10.95 is worth it. However, the hidden cost in all of this is that my husband and I gifted $60 to our friend's daughter. Therefore, it boiled down to paying $30 a person for lunch. But the cost included money gift to our friend and we also got food out of it.
What do you think of our monetary gift and lunch experience?
About Me - Queen Bee
- Money Honey SF
- I'm a 31 year old married bee living in pricey San Francisco. My husband and I are worker bees in the Investment Industry. You can imagine finance is buzzing around me 24/7. We both enjoy money discussions but I tend to love it more than him. Therefore, I hope to channel my passion about everything in relations to money by blogging about it. My blog is to find a balance between sweet saving/investing for the future and current sticky spending. So tune in whenever you can....
3 comments:
I think you are a miserly cheapskate.
You view a birthday gift as a hidden cost? So, if the birthday were at the restaurant, or another which did cost $19.95 per person you wouldn't have gone or it would have meant no gift or a lesser gift?
That's not being/thinking frugal - that's called being a cheapskate. Why did you even go to the birthday in the first place? Was it because these people were your friends or you were more interested in the $10.95 lunch buffet?
I think what she meant is that she was able to enjoy the food at such a great price and also the party.
"1 rock hitting 2 birds?"
In the end, the friend's daughter was probably still able to buy herself a nice present for $40?
Frugality is how you become rich!
Given the state of the economy, I know many friends who turned down invitations to events because they are either in a credit crunch or just don't have extra money for entertainment. To each their own given this kind of economy.
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