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by kamaal
3635 days ago
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1. Learn cooking: Saves a lot of money, healthy and a lot of long term advantages. 2. Learn to do the 'beginning with the end in mind': A lot of us here in India go and buy a plot on a reasonable loan, and then try to clear it off within 2-3 years. This way you get to acquire a resource, make a investment, and are forced to save up every month to clear the loan. This is more like forced savings. Repeat this for a long time, and you will get really really rich. 3. Keep a diary: Keep a habit tracker, try to get a continuous streak of $0 expense days. 4. Pick up a hobby like music: Gets you entertainment without bills for TV/Cable and things like that. 5. Buy for need and durability: Don't buy everything that you see people buying. Buy only if you need something and buy durable stuff. There are a range of other things I do. But it might get a little too long for a HN post. |
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On the cooking side of things, I found I was spending a lot of money buying lunches. Sydney is a VERY expensive city: a 'cheap' lunch in the CBD costs at least $7. So, we're talking about saving at least $35-50 per week. Over a year, that's approx $1500-2000 per year. And often, it's not as good as things I like to make for myself.
So I cook double-or-triple the quantities of recipes on the weekends... I take pride in making complex curries, slow-cooked casseroles and the like. Usually, doubling or tripling the quantities does not change the cooking time significantly and there are economies of scale with the costs as well.
Then, I package up the extra into lunch and dinner-sized portions for myself, wife and family for the week in the freezer.
This way, we all get cheap lunches (cost approx $1-2) and gain extra time at dinner during the weekdays (no cooking! just re-heat and add rice/salad/veges).
I'd say that as well as saving $1500-2000 per year, it's also saved us an hour or 3 every single week. Frankly, it's worth it if just for the time saved.