One Day at a Time

HOW I SAVE DAILY

I’ve recently become a creature of habit which lays upon me the responsibility of preparing my lunch daily. Apart from getting up a little earlier to prepare my food, this also allows for big savings…

Let me explain. 

A lot of consultants tend to have one thing in common and that is  buying lunch or surviving off coffee… However this has its flaws. 

Say you spend $10.00 on lunch and that’s including a drink. And say you buy a coffee once per day which starts to pan out to be around $4.00. 

This works out to be:

• Daily: Lunch ($10.00) & Coffee ($4.00)
• Weekly: Lunch ($50.00) & Coffee ($20.00)
• Monthly: Lunch ($215.00) & Coffee ($86.00)
• Yearly: Lunch ($2580.00) & Coffee ($1032.00)

What I do? 

I don’t usually drink coffee… 

I make my own lunch: Chicken, Cheese and Avocado Sandwich on Grain Bread. 

It costs me:

• Daily: $4.03
• Weekly: $20.15
• Monthly: $86.645
• Yearly: $1039.74

I also bring snacks everyday which include: Strawberries, Rock-melon, an apple and a date.

This costs me:

• Daily: $4.80
• Weekly: $24.00
• Monthly: $103.92
• Yearly: $1,247.00

So it costs me $8.83 a day to eat lunch and snack. 

What does this mean? 

Generally speaking if you are buying lunch and coffee each you are spending: $3,612.00.00 a year. 

Me? I am spending $2,286.78 a year on lunch and snacks. 

Still not getting it? 

Say you work for 40 years?

It will cost you: $144,480.00 for your working career.

It will cost me: $91,471.20 for my working career.

That’s a saving of $53,008.80 

And if you still haven’t clicked yet then… lets up this even more. 

If you take the average weekly saved amount: $25.85 and open a new high interest savings account and deposit that money each week you save. You won’t only save $53,008.80 but you will also gain $76,046 due to the compounding interest monthly. 

That’s a total of: $128,046.00 

See my point? 

Start tomorrow and see the difference the following day! 

Hence why Time = Money.