Accounting & Finance
The True Cost of Lunch
People who complain about not having enough money to enjoy life are often guilty of spending their money on things that aren’t important to them but which make them feel good for a few brief moments. The classic example of this is money spent on takeaway food and drink, especially lunches and coffee breaks at work.

People who complain about not having enough money to enjoy life are often guilty of spending their money on things that aren’t important to them but which make them feel good for a few brief moments. The classic example of this is money spent on takeaway food and drink, especially lunches and coffee breaks at work.
If you spend $10 a day on lunch, that’s $50 a week. If you ‘brown bag’ your lunch and instead invest $50 a week for a return of 3% per annum compounded, here’s what you can do:
- After one year, you will have around $2,638; enough for a holiday in Australia
- After five years, you will have around $14,021; enough for a trip to Europe
- After ten years, you will have around $30,310, which would go a long way towards a deposit on a house or your children’s education costs
- After twenty years, you will have around $71,222; enough to buy a brand new luxury car
- After thirty years, you will have around $126,443, which might allow you to retire much earlier than age 65
- After forty five years, you will have around $247,513 which, combined with your KiwiSaver funds, could allow you to live a very comfortable life in retirement.
I am reliably informed by several ‘brown baggers’ that the best way to take care of work lunches is to cook extra for your evening meal and serve it into a container that you can freeze or refrigerate for the next day or later. If you don’t have a microwave at work, stock up on easy to prepare cold food that won’t go soggy if prepared the night before. Do a quick internet search for ideas for lunches that taste good and help you save to enjoy life.
- Social Media3 years ago
Top 5 Advantages and Disadvantages of Social Media Marketing
- Management8 years ago
The man who destroyed his multimillion dollar company in 10 seconds
- Management3 years ago
The Five Common Materials Used to Manufacture Reusable Grocery Bags
- Management8 years ago
If you fail to plan, you plan to fail
- Management2 years ago
Unexpected Death of a Business Owner: What Happens Now?
- Accounting & Finance8 years ago
Do You Have a Poverty Mentality?
- Management8 years ago
Workforce Planning – Balancing Demand and Supply
- Management2 years ago
Have An Eye for Eyewear? Here’s How to Start Your Own Optical Business
- Innovation4 years ago
5 Ways How Globalization Impacts Small Businesses
- Management3 years ago
7 Essential Tips For Opening a Mechanic Shop
- Management2 years ago
The Importance of Presentation Skills in Business
- Management3 years ago
Pros and Cons of Offshoring