Giving My Lunch Money Up!

[ProxyRetired]

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

[RobFIRE]

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.

[Adventine]

Personally, it seems like a bit too much trouble for me. But whatever works for you!

[asauer]

Good idea!  I'm going to start doing that- I'm terrible for spending my lunch money just because it's there. 

[Kaminoge]

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.

[FIRE me]

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/