Guiding consumers since 2009

Have you got your lunch money?

By Staff Writer

There was a recent article in Business Report that said that the government were cutting down on lunches in the face of the recession. This is commendable given the portly nature of so many of our politicians, and lunch really can cost a bomb. Now eating out may be convenient and fun but the costs really add up and in an economic environment like this one proper savings can be made by being sensible with your lunch money. Here is what some popular places cost:

 

  • Nandos 1/4 chicken meal R 33.95
  • KFC Kentucky dinner R 43.90
  • McDonalds Big Mac meal R 24.99

 

Ok so if you eat lunch out every day at an average of 21 working days a month and go to each of those restaurants 7 times in a month you can cut back your spending on lunch by R 719.88. Which in times like these is no little amount. The government is cutting back to tea and biscuits, but even if you just cut down on your going out to lunch you can save some real moolah each month. Make some sammos at home for way cheaper and the extra R 500 a month that you find in your pocket can be put into a savings account.

The savings culture in South Africa is not strong, we tend to splurge and indulge in a lot of show and instant gratification, but an extra R 500 a month in a savings account can help you to build a buffer against the unexpected. Work out all of your costs, with a budget planner, that you would need to live at a minimum for three months and that is the minimum amount that you should keep in a savings account. If you set up a direct payment to your savings account of that 500 bucks then you won't miss it and neither will your belly or hips!

Recent Articles

Featured The bank took money from my account – is this allowed?

You’ve just deposited money into your account and suddenly you see a notification from your bank. Money has been deducted from your account to pay the outstanding debt that you have with the bank. Is this allowed?

How much does it cost to draft a will?

Having a Will allows you to determine who inherits your property when you die. If you die intestate, the government will determine how to distribute your assets. Many people die intestate because they don’t know how to draft a will or are intimidated by the costs of drafting one.

Is your home correctly priced for the current market?

The property market is typically in either one of two phases, a buyers’ market or a sellers’ market. According to real estate experts, we are currently in a buyer’s market. For this reason, it is important as a seller to correctly price your house to ensure interested buyers and a valuable sale in the end.

Fuel rewards programme – how to fill up on petrol and points

South Africa’s volatile economy has often meant that factors like the fuel price bear the brunt. This year alone the country’s fuel price has fluctuated by between R1.50 to almost R3, which has put increasing pressure on motorists. That said, many of the bigger South African brands have provided some relief by way of fuel rewards programmes.

Deals

Wax On Wax Off Wednesdays at Rouge Day Spa

Price: From R50
When: Wednesdays
Where: Cape Town

Aarya Restaurant Christmas Lunch Special

Price: R425
When: 25 December 2019
Where: Johannesburg

Da Vinci’s Tantalising Tuesday Pizza Special

Price: Available on request
When: Tuesdays
Where: Cape Town