Day 5 Of 33 Days And 33 Ways To Save Money And Reduce Debt : Eat Out Less

Click here to read all of the 33 Days And 33 Ways To Save Money And Reduce Debt posts.

Today’s tip comes from my buddy, Big Honkin’.  He and I recorded the latest episode of the No Credit Needed Podcast: Big Honkin Special, and I asked him to give me a simple, easy-to-implement savings technique.

Eat out less – Plain and simple, if you plan your meals, eat at home, and eat less while you are out, you will save money – lots and lots of money.

Remember, doing the small things, over and over, can add up to real, substantial savings.

Saving $5 a day, 5 days a week, will add $25 to your weekly budget.  Multiply this by 50 work-weeks and you have $1250 per year.  Over the course of 40 years, that’s $50,000.  If you invest $1250 for 40 years at 8%, you’d end up with more than $350,000.  Brown bag it.

(Be sure to check out Big Honkin’s site: GeekOutOnline.

Click here to read all of the 33 Days And 33 Ways To Save Money And Reduce Debt posts

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9 Responses to “Day 5 Of 33 Days And 33 Ways To Save Money And Reduce Debt : Eat Out Less”

  1. This is a great idea. I’m brand new to posting, but have been reponding on my blog. It is really helping to organize something that can feel so overwhelming. One idea for keeping lunches easy is to make individual container a few days in advance of things like fruit salad, tuna fish, cheese, luncheon meats. That way you can just pull a few items out of the refrigerator for lunch rather than having to risk not wanting what you made the night before.

  2. joerzoe says:

    Nice information blog.Maybe we can have link exchange.I have added your link in my list

    http://refinancial.blogspot.com

  3. [...] Day 5 of NCN’s 33 Days and 33 Ways series is to eat out less. Eating out can be a huge money drain, but as NCN points out, not just for dinner. Lunches out at work can very very quickly add up too, especially as a regular occurrence. My spouse goes to work every weekday, and only very rarely for a special occasion does he eat out for lunch. In fact, I can only recall once in the past year, for a goodbye luncheon for a coworker. We have incorporated steps in our nightly routine to make his “brown-bagging” it as easy and tasty as possible. If it isn’t easy and doesn’t taste good, no one will do it, so we worked out a system that makes a homemade lunch even better than going out to eat! [...]

  4. [...] Day 5 of 33 Days And 33 Ways To Save Money And Reduce Debt: Eat Out Less [...]

  5. Nick says:

    Hey, I just saw the post and it reminds me of a post I wrote recently titled “Trim Back Your Fast Food Budget

  6. CJ says:

    Great advice – don’t forget to ‘give-up’ $4 to $6 Latte’s from Starbucks which can quickly add upto considerable savings

  7. [...] Smart Life attempts to follow NCN blog’s series to help improve my financial status and reduce debt in 33 [...]

  8. [...] the course of the 33 Days series, we’ve learned how to reduce expenses, increase income, avoid temptation, determine methods that work, and a host of other things that [...]

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