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General Discussion => Share Your Badassity => Topic started by: ProxyRetired on January 12, 2016, 06:47:46 PM

Title: Giving My Lunch Money Up!
Post by: ProxyRetired on January 12, 2016, 06:47:46 PM
Well, not really.

So, every month, I allocate X dollars to eating out for lunch, with the goal of taking my lunch at least 3 days a week.

If I don't eat out those three days, that evening, I send the cash straight to Vanguard, buying a fraction of a share. It gets it away from my hands, I'm less tempted to eat out with it the following week (Well, I have a meal left from last week...), etc.

Anyone else do this? My Vanguard transaction history is long, but I figure if that aint DCA'ing it... nothing is! :-D
Title: Re: Giving My Lunch Money Up!
Post by: RobFIRE on January 13, 2016, 03:27:53 AM
Well, as I WFH I don't have the lunch money matter. But what I do that's similar is with my current account (checking account for those in America) just before pay day each month I send any excess above my £1000 GBP float level to my Zopa account. So same principle of creaming off spare money for investment.
Title: Re: Giving My Lunch Money Up!
Post by: Adventine on January 13, 2016, 05:02:33 AM
Personally, it seems like a bit too much trouble for me. But whatever works for you!
Title: Re: Giving My Lunch Money Up!
Post by: asauer on January 14, 2016, 06:03:48 AM
Good idea!  I'm going to start doing that- I'm terrible for spending my lunch money just because it's there. 
Title: Re: Giving My Lunch Money Up!
Post by: Kaminoge on January 16, 2016, 07:40:32 AM
This is exactly the sort of thing that would appeal to me! Great plan. Unfortunately for me I get a lunch allowance (which can only be taken as food, not the cash) and I still take my own lunch because if I eat from the cafeteria I just get fatter and fatter.
Title: Re: Giving My Lunch Money Up!
Post by: FIRE me on January 16, 2016, 11:33:00 AM
Well done. As MMM himself says, “A Millionaire is made ten bucks at a time”. Which I will assume is about what your lunches out would cost.

http://www.mrmoneymustache.com/2011/08/01/a-millionaire-is-made-ten-bucks-at-a-time/