When you're on a tight budget, going out to eat every day at work can be a huge unnecessary experience. Fight this by organising "Money Lunches" where coworkers gather together to eat packed lunches, discuss their finances and build good money habits.
Photo by Alex Kerhead
Finance weblog Main Street writer Erin Frank first came together for money lunches after joking with her colleagues about how they were broke most of the time. She and a few coworkers started to gather in a conference room so they could socialise while eating lunches brought from home and share their current financial reality and their goals for the future. Part lunch-club and part support group, these money lunches provided a forum to discuss how to eliminate debt and save for a rainy day. Erin credits these money lunches with helping her to eliminate $35,000 in debt over a few years on her $27,000 salary in New York City.
You may not be comfortable sharing all of your financial details with coworkers, but having a way to be social while bringing your lunch and having a forum to discuss rough finances can be helpful.
How My "Money Lunches" Paid Off $US35,000 in Debt [Main Street]