There Is No Free Lunch

I recently started doing one of the most basic things anyone can do to cut expenses: bringing my lunch to the office. It seems really simple, but for some reason I resisted this for a long time before finally realizing the impact that eating out every day was having on my financial health.

My first “real” job was as an engineering intern. Most of the engineers in the office would go out every day for lunch as a way to escape the office, and I started developing this sentiment about lunch as well. Most of us didn’t become engineers so we could sit in cubicles all day, so when 11:30 rolled around, it was time to hit the road and unwind a little. And spend money on food. It wasn’t exactly “the dream” but it was at least a little escape.

I didn’t think much of the money issue at the time, either. It was nice to be able to afford food that wasn’t in a can, as I was getting paid pretty well (for a college student). And I didn’t like being in the office any more than any of the other engineers so I didn’t have a second thought about it.

My first job out of college was in the middle of nowhere, and I brought my lunch to the office because there was literally nowhere else to eat. The nearest restaurant was a Taco Bell 20 minutes away, and my lunch was only 30 minutes long so this wasn’t exactly feasible from a math perspective. Unfortunately, I didn’t put together how much money I was saving by bringing my lunch to work every day.

Fast forward to now: I work in a more developed area, and it’s possible for me to eat out for lunch every day. And for a few years, I did. Let’s crunch some numbers:

$10/day for four years adds up to around $8,000. I’ve been spending about $8/week in lunch since I decided to bring it in to the office instead, which should save me around $7,000 over the same time frame.

I think another reason it’s so tempting to spend money every day on lunch is that it’s not a lot of money all at once. If it were, I would have thought twice about my habit a little earlier. Luckily I’m still in my 20s, with some time left to make up for past mistakes.

Even so, I still treat lunch as a “sacred” time where work doesn’t get done (or even get talked about, for the most part). But I realize now that I don’t have to spend money in order to take a break from the hustle and bustle of office life.

Photo: Wikimedia Commons 

It’s Saturday, October 31!

Spooky! I’ll be dressed as Waldo tonight. Last year I counted 13 Waldos at the Halloween shindig I went to, so it ironically won’t be that easy to spot me.

The awesomeness of not being important by Steve, thinksaveretire.com. This is a great, if under-appreciated, goal to achieve in one’s career.

Volkswagen’s emissions cheating scandal has a long, complicated history by Megan Geuss, arstechnica.com. This has been a really interesting story to follow, both from an engineering point-of-view and a business point-of-view. This story goes into depth over the history of why (probably) Volkswagen did what it did.

Financial Independence: How Long Will It Take? gocurrycracker.com. An interesting look at how tweaking some numbers can make early retirement much more feasible, or at least move that retirement date a little closer. Always run the numbers!

The IRS Tax Code Makes No Sense – What You Should Know About IRA Tax Deduction Phase Outs, genyfinanceguy.com. The tax code is complicated. It’s especially interesting how marriage isn’t the financial benefit it once was, too.

BONUS: What I’m listening to this week:

Photo: I’m in this picture somewhere. Can you find me?