Let’s say that you stop to buy a muffin at the health food store every morning on the way to work. It’s a good muffin, and it costs $2.00. If you buy that muffin 5 times per week, and 50 weeks per year, your annualized muffin cost (AMC) is $500. How much would it cost you to bake 250 muffins at home? Maybe 5 cents per muffin? That’s a per-muffin savings of $1.95, and it reduces your AMC to $12.50.
The Little Things Add Up
October 2nd, 2007 · No Comments
Tags: Personal Finance
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