Can The Burrito Factor Help You Save Money?

Every once in a while I run into an article that supports a theory of mine, that I have used for years to control my personal spending habits. Though I am not going to try to convince you that this will work for you, it has worked for me. So what is the burrito factor and how does it work?

What is the burrito factor you ask? It’s a currency system I use. Here in San Diego, they have this tasty treat called a California burrito. It is essentially a Carne Asada burrito with one special ingredient. French Fries!!!!

I can get a California burrito for $5 at the local taco stand. Not only is that sucker scrumtrulescent, but it also fills me up. Now, whenever I go out to eat and look at the menu, I run the burrito factor through my mental calculator. It looks a little something like this… “Okay, this salad is gonna cost me $12.50, which is the same price as 2.5 California burritos. Plus the salad is probably only going to fill me up 50%. So that means this salad is gonna cost the equivalent of 5 California burritos to get full. Death to salad!

Sound ridiculous? Think again. By using a simple monetary formula to see just how much something costs in terms of real dollars, I do this. Say you are making $30 an hour. You go out for dinner and prime rib is $32.50 a plate. Does that sound high to you? It did to me. But that is exactly how much they wanted at a restaurant in Pacifica, CA. called the Valleymar Station. Using my formula I calculated that I needed to work 1.5 hours just to have dinner for myself. So I didn’t eat there and instead headed up to Daly City and had prime rib for $16.50 at Val’s Redwood room. I only had to work 30 minutes to have pay for my meal.

What formula do you use to calculate your costs for goods and services?

Comments welcome.

Source – Punch Debt In The Face

Article Written by

I have been writing for Lockergnome for eight years.

  • Gail O

    My burrito factor for food is how much will it cost to fix at home. That is why when I am out for dinner, I never eat pasta. Noodles are inexpensive but the restaurant pasta dishes are not.

    • Ron Schenone

      Hi Gail O,
      Good point.

  • the oracle

    Mine has always been how many albums, or later, CDs, could I buy instead.

    If I were using the “burrito factor” it would be based upon a steak one, from Chipotle. It is just under $6 and with a drink is a very satisfying meal. It has steak, black beans, white rice cooked with cilantro, a couple of different kinds of salsa, cheddar cheese, and sourcream. It is approximately the diameter of a standard can of vegetables, and about 1.5 times as long.

    It is a very good standard, because I never feel cheated when eating one, nor do I feel I am not getting a balanced meal.

    • Ron Schenone

      Hi Marc,
      ‘It has steak, black beans, white rice cooked with cilantro, a couple of different kinds of salsa, cheddar cheese, and sourcream.’
      Sounds delicious. I’m getting hungry. Heh Jackie, when are we going to eat? LOL

  • Anonymous

    I think eventually these rough edges will go away, the idea is very promising and beneficial to both FB & Bing so it will be fixed, stay tuned

  • slaven

    Agreed, great explanation Jake! Though, I think until Like signals are available for a large percent of the pages out there it might be useful to take that shortcut and weigh each page based on its parent’s Likes. I’m just very curious how Google will respond…

  • Jake Ludington

    It’s not a failing of Facebook “Like” because I can see how many people “Like” an individual page for the sites I have linked to Facebook Insights, which means Facebook has accurate data. The problem is in the Bing implementation, which appears to opt for a more generic “Like” of the site rather than the specific page in the results.