View Single Post
Old 11-09-2010, 09:10 AM  
dyna mo
The People's Post
 
dyna mo's Avatar
 
Industry Role:
Join Date: Dec 2008
Location: invisible 7-11
Posts: 64,316
Quote:
Originally Posted by Phoenix View Post
for the average person, these are not practical savings vectors

if you want to save money and see it at the end of each month/year
1...dont buy coffee outside ever...coffee can be anywhere from 1 dollar a day, which isnt much, up to 12-15 a day for some people...thats is roughly 300- 3600 dollars of after tax money given to coffee vendors.

2..dont shop in convenience stores, you pay an extra charge everytime you do. some people spend 3-5 a work day in there, thats 1200-1500 a year
smokers can spend up to 20 per day in a convenience store, as they rarely only buy cigarettes, they will also buy a drink/ candy/ gum...lets put them at 3000-6000 per year

3..buying breakfast and lunch and dinner out, some people do this everyday
breakfast 4-10 sometimes more, is 1000-2500 per year, lunch at 5-15, is 1250-3750 per year

thats just 3 things
but its an easy way to save 5-10k per year, thats enough after 1-2 years for your first down payment on a house.

if you are really frugal you can add on, not buying the most expensive clothes, or the most expensive car you can afford etc etc
these are pretty good but i get my coffee on the outside. for several reasons.
i find if i keep coffee in the house, i drink more, which is doubly bad- same price as 1 cup bought and more caffeine so extra unhealthy. i also do a walk in the park every morning, and i am often times motivated to do so by thinking that i will be stopping at the cafe after and checking in with the other regulars.

but i get what you are saying, just some things might appear to be more expensive but when put in perspective make sense.
dyna mo is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote