Brown bag it!
by Brandon Eley ~ May 15th, 2008. Filed under: Tips and Tricks.
I work about 7 miles from my home, so going home for lunch is not really an option. I used to use that as an excuse to eat out every day. When we started working on a budget, I had to seriously think about how much money I was spending eating out every day (or even almost every day).
Most of the restaurants in the area (not fast food) cost between $10 and $12 after tip and tax for lunch. You can safely assume you can make and “brown bag” a lunch for around $2. So that’s a potential $10 per day savings by taking your lunch.
At 50 weeks at just taking lunch 4 days a week, you could save $2,000 in a year!
That could go a long way toward paying off debt, or towards your retirement. Think about it next time the guys in the office say, “What’s for lunch?”