You might have heard a lot of people suggesting you to cook and eat at home to save money. Can you actually save money by cooking and eating at home? Whether you can save money or not requires you to see various factors. If you are in a restaurant, you might have to spend $10 for a lunch and cooking at home could come under $5. However, you need to realize, you will have to do shopping for groceries, and spend time in cooking and cleaning. If you calculate time spend vis money saved, you will find that cooking at home might not be cost effective.