On the weekend, our cousins drove in from Ottawa for their friend's wedding. Since the wedding was on Saturday night, we figured we would have brunch with them on Sunday. The options in our area for a regular plate of protein, carbs, and fruit, range from $20-$25 after tax, tips, and a coffee/juice. So we opted to Eat In.
There are some situations where you spend more, but everyone else saves. Exhibit A: If we pay for our cousin's brunch.
Sometimes you spend less, but everyone saves, including you. Exhibit B: If we buy some simple ingredients and make a good home cooked meal at a quarter of the cost of eating out.
And sometimes you spend the same, but everyone saves. Exhibit C: We bought some awesome ingredients from St. Lawrence Market. The four of us ate a feast of french toast, prosciutto, truffle-infused cheese, black forest danish, red and green grapes, strawberries and scrambled eggs at home with juice, tea, coconut water, and hot honey lemon water to wash it all down. We spent $25, total. And while we didn't ask our cousins to split the cost, if you're having friends over, you can split it for $6.25 each. Not bad for this feast. Or next time, lunch is on your friend.
Giving up a little convenience can mean a better meal for less, and more quality time spent with family and friends over a comfortable meal.
One step closer to Early Retirement!
Save Money Retire Early is written by Jon Lo, a barely 30 something Chartered Financial Analyst. I believe anyone can be rich or poor, it's what you save that makes the difference.