How Much is Your Lunch Costing You?

13 04 2012

AARP has created an extremely useful lunch savings calculator!  One I think every person should try.  You’d be amazed at just how much money you can save by year-end if you decide to pack your own lunch.

I ran the numbers and here are those results:

Eating Out lunch price: $6.50

Cost of bagged lunch: $3.00

Interest rate: 0%

Monthly savings: $70.00

Five year savings: $4,200 (or $840 per year)

Surprised?  Of course you are – the numbers are truly remarkable.  The question is:  what would you do with $4,200? Vacation, retirement savings, house repair, mortgage prepayments, child’s college. . . . the possibilities are endless.

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