Stop Wine-ing! Drinking on a Budget

Stop Wine-ing! Drinking on a Budget

YW0112Since college, you’ve perhaps developed a more refined taste—gone are the days of boxed wine. Gone too are the days of excess student grant or loan money you may have been using to fill your wine rack and refrigerator. Jason Hartman enjoys a glass of wine as much as the next guy, but he’s just not willing to shell out $50 per bottle! Read below for a frugal look at buying wine.

First, decide what kind of wine you actually like. Go to a wine shop or winery holding a tasting, and narrow down your preferences. Don’t let lengthy reviews or snobby friends influence your decision—instead focus on finding out what you like and focus your money on buying mostly that as you build your collection.

Next, buy in bulk. If you find a bottle of wine you really like, buy it by the case. You’ll save money by purchasing in a large quantity and you’ll have an entire case of something really great. You might also host a party to save a bit on wine, which can happen in two ways. First, ask friends to bring a bottle or two of wine to share—this way, you’ll get to try quite a few. The second option is to host a more “official” party in association with a wine club, where you’ll get some incentives for wines your guests purchase.

You can also save money by buying wine online, where prices are generally cheaper—just beware of shipping costs. If you want to buy in person, check out Costco, which offers low prices on decent bottles of wine. While they don’t have a huge selection, it’s a pretty solid one—anything you buy will probably be decent.

Trader Joe’s also offers a pretty good assortment of wines at low prices—beginning at $3. But at less than one dollar per glass, that’s a pretty good deal for an okay wine. They’ve also got a number of wines under $5.

Cost Plus World Market is another great place to buy your wines. Typically, they have a few wines every month that are discounted. They’ve got huge variety too—wines from every country and helpful sales associates to provide you with useful advice.

Of course, you can always search the internet for easy to understand reviews and prices—you’ll find no shortage of useful advice. Cheers! (http://www.flickr.com/photos/global-jet/475792625/)

* Read more from Young Wealth
Are You a Sucker With Your Investment Portfolio?
Redecorating on  Budget

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The Young Wealth Team

The Young Wealth Team

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