Tuesday, June 30, 2009

Saving Money by Bringing Lunch to Work

Over at the Save More Money blog, James is planning on putting his money where his, uh, mouth is by not buying anything out of vending machines, and bringing his lunch and a snack to work:

My first 30 Day Challenge is to not buy any food from vending machines, variety stores or even fast food or take out food. If I manage to do so without spending a dime, I should be able to save from $136 to $205 a month. With this challenge I could save for my family from $1632 to $2460 a year.

That's an impressive amount, and if the money is invested in a High-Yield Savings account with a good APY, the interest earned will add even more to the savings.

2 comments:

James said...

Thanks Kevin for the comment, and the reminder of my 30 Day Challenge. Almost forgot its July 1 tomorrow. I hope I get off on the right track with the challenge and make time for my blog. Now the kids are out of school its going to be a challenge.

Kevin Cafferty said...

Best of luck, James!