The three biggest expenses the average family has are food, transportation, and housing. Savings in one of these three categories will have the biggest effect on your budget, and consequently your ability to get rich.
A loaf of whole wheat bread costs us about $4 at a grocery store, maybe $3.50 at Costco. With two small kids, we go through two loaves a week. Assuming we shop at Costco (we do), that’s $364 per year on bread.
Enter the breadmaker.
We modified one of the recipes in the manual to make a nice honey wheat with a 2:1 bread flour to whole wheat flour ratio. The only ingredients are flour, water, honey, butter, salt, and yeast. It’s delicious.
Bread flour is about $8 for a 25 lb bag at Costco.
Buy a jar of yeast at the grocery store, a 5 lb bag of whole wheat, and the normal honey and butter you have around the house. Set the timer and you have a fresh baked loaf of bread in the morning at a fraction of the cost.
As an added bonus, it makes super easy pizza dough for family dinner on Sundays, again at a fraction of the cost of ordering pizza.
Saving $300 per year may not seem like much, but little things like this add up. That’s $300 extra to be invested, producing an extra $20-30 in annual income.