Buddy from work told me his budget secret and it hit hard

My coworker Mark mentioned he saved $4,000 last year just by not eating out for lunch. He packs sandwiches every day and I spend like $12 on a burrito. Has anyone else tried cutting one small daily habit and seen real savings?

2 comments

2 Comments

josephs2620d ago

Read a study once where a guy tracked his coffee spending for a year and it came out to over a thousand bucks. That's a lot of caffeine. Maybe Mark is on to something with those sandwiches, but I'd get sick of ham and cheese every day after a week. Swapping out one small daily buy like a snack or a soda could add up faster than people think.

miles_jackson919d ago

yeah the "swapping out one small daily buy" thing is where it gets tricky though... because a lot of people I know will drop a couple bucks on a snack or soda and then grab something else later in the day. do you think that tracking one specific thing like coffee really changes the math for people, or do they just end up spending that same money on something else later? like if you cut out the morning coffee are you really saving a thousand bucks or are you just moving that habit to an afternoon energy drink from the gas station...