This is a link to the first in an ongoing series billed as 30 Day Challenge to save $1,000 by Ramit Sethi at IWillTeachYouToBeRich.com, his blog on personal finance (banking, saving, budgeting, and investing) and personal entrepreneurship. His series which was announced at the end of October outlines the various ways we can keep money in our pockets — not how to “earn” more money, but how to “save” more money. Frugality tips. Frugality is essential for most of us in today’s world.
The first tip is to go to the grocery store today and pack lunches for yourself all week. Sounds obvious, but below I’ll include some specific tips and social-psychological techniques to make this actually work.
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Of course this makes sense if you are eating out regularly, as many of us who work outside of our homes do. Bring a sandwich that might have cost you $1.00 in ingredients, instead of buying one out for $4.99 or more, especially if you are at a restaurant and also buying tea or coffee.