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

Share
This entry was posted in 33 Days, Big Honkin. Bookmark the permalink.

8 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. Pingback: Brown Bagging the Simple Way: Lunch-overs | I've Paid For This Twice Already...

  4. Pingback: 33 Days And 33 Ways To Save Money And Reduce Debt

  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. Pingback: Eat Out Less: 33 Ways to Reduce Debt - Making Money Online, Qoutes, Personal Finance, Productivity, Health with Predictions for the Year of the Rat

  8. Pingback: Day 33 of 33 Days and 33 Ways To Save Money and Reduce Debt: Remember to Live a Little