1 of 3
When money coach Jean Chatzky moved in with the Bradleys, she discovered an empty kitchen. Instead of shopping for groceries and cooking at home, the Bradleys were eating out three times a day, seven days a week—but all that's about to change. As Jean points out, the family can save $20,000 if they stop dining out.

To get Lisa started, Jean sets up the Bradley's kitchen with all the supplies they'll need to prepare meals at home. Lisa used to spend $800 a year on plasticware—now, her kitchen is stocked with real dishes that she can wash and reuse.

With a simple four-slice toaster, Jean estimates the Bradleys will save $2,500 a year on breakfast. A coffeemaker will save them another $1,300 a year. Thanks to a new blender, the Bradleys can make their own milk shakes and save an additional $200.
FROM: The Debt Diet: Part 4
Published on January 01, 2006
Please note: This is general information and is not intended to be legal advice. You should consult with your own financial advisor before making any major financial decisions, including investments or changes to your portfolio, and a qualified legal professional before executing any legal documents or taking any legal action. Harpo Productions, Inc., OWN: Oprah Winfrey Network, Discovery Communications LLC and their affiliated companies and entities are not responsible for any losses, damages or claims that may result from your financial or legal decisions.


Next Story