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Setting a savings strategy is important if you are planning for a special event, or even just to have some sort of emergency fund. Financially Good can assist you in setting up different types of savings plans that may even have tax benefits associated with them.

Brown Paper Bag It – Save $1000’s

                        Nov. 10, 2010 by J.A.

Who couldn’t use an extra $1000+ in their pockets?  Believe it or not, the simple task of packing a lunch for work or school could put that an extra $1000 in your pocket over the course of the year.

The average lunch will cost you about $6.00 per day.  That’s takes into account for the big “deal” you get when you buy that $5.00 foot long or any of the other $5.00 meal deals from fast food chains and a drink to go with it.  If you go out and purchase one of these for lunch everyday of the week, you are looking at a $30.00 lunch bill for the week.  Look at the monthly bill, $120 for a 4 week month.  Look at the yearly expense, 52 weeks of dining out for lunch has ran you $1560 for the year! YIKES!

Costs                        Out for Lunch     Packing it        Savings

Daily                                    $6.00                            $2.00                     $4.00

Weekly                               $30.00                          $10.00                   $20.00

Monthly                              $120.00                        $40.00                   $80.00

Yearly                                 $1560.00                      $520.00                $1040.00

 So now you ask, how can I save money?  Simple!  STARVE!!!

Just kidding, we wouldn’t let you starve.  Saving on lunch is simple, pack your own.  You can go to the grocery store and pickup $10 worth of bread and lunchmeat to last you the week.  Sure it will make some time to prep you lunch, but think of it this way, you will be paying yourself over $1000 a year to make your own lunch.  Pay yourself or pay someone else, It’s your choice!

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