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Working outside of the home has its own advantages and disadvantages. One of the disadvantages is the cost of eating out. If you spend $6 a day on eating out, that means you’ll spend $30 or more each week. You could also pack your own lunch and save money.

One of the simplest ways to pack your own lunch is to take leftovers from the night before. You’ve already paid for the meal; it’s already packed and ready when you leave. By packing up your leftovers and eating those instead of eating out, you can save around $1,500 a year.

Perhaps you didn’t have leftovers because the meal was so good. You can still fix a lunch the night before and pack it so all you have to do is grab it and go. Again, the potential for saving money is amazing.

What are some other ideas for packing your own lunch?

* Variety is important. No one wants to eat the same boring lunch day in and day out. Plan out your lunches in advance so you can enjoy something different each day.

* Place items in microwaveable containers which you can freeze or refrigerate. Most soups, chili, or casseroles often taste better the second day. Add some fresh veggie sticks or crackers and you’ve got a great lunch for less money.

* Think of new combinations for sandwiches. You don’t have to buy processed luncheon meat. Use leftover meatloaf to make a hearty sandwich. Be sure to add condiments just before you eat so your sandwich doesn’t become soggy and inedible.

* Try spreading cream cheese over a flour tortilla and then adding grated or chopped vegetables. Wrap the tortilla up and you have a healthy alternative to hamburgers.

* Salads are another option when you pack your own lunch. You can choose a tossed salad, but you could also pack pasta salads, tuna salads, or potato salads to enjoy.

Another great thing about packing your own lunch is that you’re in control of what and how much you’re eating. You know the ingredients in what you’ve packed, and you can choose to include more healthful items.

Plan ahead what you would like for the week. Make a shopping list to include ingredients for each meal, then with shopping list in hand, go to the store. If there’s a store that offers bulk items, you can save quite a bit of money buying in bulk. If you plan your meals right, you could purchase some items for your lunch once a month rather than spending money each day at a restaurant.

You can save more than money when you take a lunch from home. Depending on how much planning you do, you can prepare lunches for a whole week and place them in the refrigerator. Take out the bag for each day and your morning activities prior to leaving are reduced.

When you pack your own lunch and save money, you’re doing more than improving your financial standing. You will also have the ability to improve your health. It’s a win-win situation and you have control over it.


Cosmopolitan Insulated Lunch Tote

Cosmopolitan Insulated Lunch Tote

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Your food budget is the most flexible area of your household budget. Grocery savings will free up a significant amount of money if you need to balance the budget, or fund your savings accounts.

Eliminate eating out! Period! – O.K. if you’re family is screaming mad at you then take them out at least once a month. Make it an occasion. Your family will appreciate a dinner out much more when it’s not such a regular event. Consider it “quality time out”. And, remember to look for coupons good at local restaurants for additional savings.

Minimize the use of convenience foods. – You can make it yourself for a fraction of the cost, try it! Many of us are so accustomed to convenience foods that we forget we can make it ourselves. You’ll find substitute recipes for everything from baking mixes to shake and bake and salad dressing. All it takes is a little extra time. Even if you had to pay yourself for doing the cooking you would come out ahead.

Do your homework! – Know what’s on sale and plan your menu around the weekly sales flyers. Investing a little extra time in planning will help maximize grocery savings and reduce the food budget!

Eat meatless meals at least twice a week. – Beans and rice are a good example. Egg dishes are a nice change in routine for dinner. Try a vegetable stir-fry or casserole.

Don’t use packaged mixes. – Cake, breads, muffins, pastry, pizza dough, pancake, and waffles all come in a variety of pre-packaged mixes. Make your own for not much more effort and a lot less money!

Build your coupon file! – It seems coupons are available everywhere now. Your newspaper is a great starting point. Pay careful attention when looking through magazines. These are easy to miss. I often find coupons in home, ladies, or cooking magazines.
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Many people do not consider the importance of a budget. They indulge in spending according to their earning and do not leave room for emergencies. This usually ends up in the incurring of debts and sometimes, personal bankruptcy. A budget helps to counter these consequences.

The essential calculations in a budget are income and expenditure. The purpose of a budget is to ensure that the expenses do not exceed the income and also provide for savings for the future.

A budget needs to be documented in the form of a chart or table. This needs to be easily comprehensible and provide a quick summing up of the relevant details. The chart needs to effectively reflect the different heads of expenditure. Suggested heads are housing and utilities, entertainment, health and beauty, transportation, communication and household. These can be further subdivided as follows:

Housing and utilities

- Mortgage payment or rent
- Insurance
- Taxes and electricity
- Natural gas
- Water and garbage pick up

Entertainment
- Cable television or satellite service
- Internet access
- Dining out
- Bars clubs

- Sporting events, parties, lessons and recitals

Health and Beauty
- Hair-cuts, perms etc.
- Make-up
- Medical, dental, vision, weight loss, diet products
- Nutritional supplements

Transportation

- Car payments, insurance
- Gas
- Routine maintenance, repairs
- Air travel
- Rental cars, public transportation

Communication

- Telephone
- Cellular phone
- Voice mail

Household

– Groceries
- Cleaning supplies
- Laundry, dry cleaning
- Home improvement
Projects, towels, linens

Others

- Credit card payments
- Other loan payments
- Child care, items for baby/elderly
- Allowances for children, book clubs, magazines, music, etc., fast food
- Investments, vacation, spending money, donations to church or charity
- Gifts (Christmas, birthdays, anniversary, etc.)
- Emergency fund
- Cigarettes.

If you have any other expenses that are not covered, you could add them to the list.

Next, try to reflect all expenses on a monthly calculation. For example, if you pay yearly taxes, calculate the monthly expense by dividing the yearly amount by twelve. Having done this, add up all the figures to arrive at the total monthly expense figure. Then subtract this amount from your take home salary amount. If you find the remainder in negative, you need to look for expenses where you ought to cut down. For example, if your take home salary is $1000 and your expenses total to $1150, you would need to trim down $150 each month, from the expenses.

If you need to cut down on your expenses, you would be the best judge to decide where to make the changes. However, it would be prudent to cut back on the extra subscription channels of the television. If you are smoker, cut down on smoking instead. Take home cooked lunch to office instead of eating fast food. Economize on power consumption by avoiding unnecessary use of the air conditioner and heating and make less use of the phone.

Creating a budget is absolutely necessary to manage your finances and is not dependent on the size of your income. It helps to prevent overspending and personal bankruptcy, allowing you keep track of your income and expenditure.

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