Wonderful approach that I intend on using to begin investing in areas I'm learning about such as purchasing bitcoin, steem, steem power. Now if I could figure out a way to purchase more time! But in essence I think the same approach would work with time. The key is to track it and realize gains and then re-invest those gains toward the ultimate goal. The problem is at some point, the more gains you make, the harder it is to make gains - so that for instance , if you also attempted to reduce your waste of toilet paper, at some point you might consider using both sides of one sheet of toilet paper!
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We're getting a little deep into the rabbit hole there :P
Ignoring time, which is much more difficult to stick into an analogy. It's really pretty simple, look for 'deals' in your day to day life, set that money aside, think of it as an 'investment' then.... once you have that (highly addictive) stash of funds..
Use the same mentality that allowed you to find those deals to find investment opportunities..
It really has to be a hobby at the start, was for me anyway, I mean the savings from toilet paper aren't entirely life changing :P But the mindset is incredibly valuable... :D