Wednesday, July 10, 2013
Travel Money: Save $2500 per year
If you want to travel, but think it's too expensive, consider where you're spending your money.
If you want to save up to $2500 a year, and if you work outside the home, this one change could pay for part, if not most, of a reasonably* priced vacation.
Bag your lunch.
In her book, What Are You Doing for Lunch? writer, Mona Meighan, reported that a recent survey found that 60% of those who eat lunch out at least once a week spend $7 to $13 each time. But many of those eat out at least three times a week, and at the $10 midpoint spend $1,500 a year. And those who eat out every day spend an average of $2,500 a year. Of course, this varies by location, but Meighan maintains that you could cut your weekly lunch cost by 80% by brown-bagging it.
Not a sandwich lover? No worries. Build a bento box of your favorite snacks.
Use this calculator to estimate your own savings and check out Pinterest for some quick and easy lunch-on-the-go ideas.
Eating out is convenient, but it's often overpriced and less healthy than what you can conjure in your own kitchen.
And if the extra money for travel is not your thing, what would you do with your extra $2500 a year?
*reasonable, of course, is in the eye of the beholder.