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To Drink or Not to Drink

Finally, some financial news that you can use! You’ve probably made quite a few cutbacks in order to have more money, including going out less. That usually means less adult beverages—until now.

While the beer industry isn’t immune to the economic downturn (the price of ingredients used to make beer is up, which means prices at the tap are up too). There are ways, however, to still enjoy all the hops you can handle while watching your wallet.

TheStreet.com recommends avoiding microbrews, which cost more to produce (though a few craft beers like Sierra Nevada are keeping price fairly low.) Since a big part of the cost of beer lies in transportation, buying locally helps too—support your state breweries will keep money in your pocket, and probably help the environment too! Finally, you can brew your own beer at home. You can purchase kits online, have some friends over, and create some hand-crafted brews. Who knows—your beer may be the next big thing, which could really help your finances! [TheStreet.com]

Posted: 4/28/08