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

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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


NCN

http://www.ncnblog.com

No Credit Needed is a personal finance blog about debt reduction, saving money, and simple living. Thank you for visiting the site and please consider subscribing to No Credit Needed by Email. Have a blessed day!

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8 thoughts on “Day 5 Of 33 Days And 33 Ways To Save Money And Reduce Debt : Eat Out Less
  1. Making Cents of Debt

    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.

     
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  4. CJ

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

     
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