Saving Money by Bringing Lunch to Work

June 30, 2009
By Kevin Cafferty

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.

Comments

On Thursday, July 02, 2009  Kevin Cafferty wrote:
Best of luck, James!

On Tuesday, June 30, 2009  James wrote:
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.

Add a Comment

  • Featured In:

  • The New York Times: Do I Hear 4%? On This Site, Banks Bid for Your Cash
  • CNN: Auction money for best rates
  • The Wall Street Journal: Want the Best CD Rates? Hold an Auction.
  • AARP Bulletin: Save a Buck: Find Highest Interest Rates Online
  • Safe CDs, checking accounts for investors scared of stocks
  • O: The Oprah Magazine
  • Boston Globe: Website lets banks bid for customers
  • CNBC: Banks Bid for Your Cash
  • MIT Technology Review
  • Money Magazine
  • Reader's Digest
  • FOX Business: Bidding for Your Money

Recent Awards: Finovate Best of Show and Online Banking Report Best of the Web