The Instant Pot is on sale for its lowest price since Cyber Monday

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Tyler Lauletta/Business InsiderAs someone who recently spent an entire day reorganizing their kitchen, I can say from experience that space is a precious commodity.

Finding tools and gadgets that can do more than one thing and free up a drawer or some shelf space should be a top priority.

That’s why the Instant Pot has taken the Internet by storm; instead of replacing one or two things, it can perform the functions of seven.

It’s a slow cooker, pressure cooker, rice cooker, steamer, yogurt maker, and warmer, that can sautée your food, too. It’s meant to be — no pun intended — a one-pot shop in your kitchen. For more details on exactly how it works you should check out our full review, but for such a multi-function device it does its jobs well without being too complicated to use.

If you've already invested heavily in your kitchen, the Instant Pot may not work as well at one of its seven tasks as a high-end single-use gadget. On the other hand, if you've been eyeing a rice cooker and slow cooker for a while now, it's an easy way to save money and space.

Speaking of saving money, the six-quart version (pictured above) is currently on sale for its lowest price since last year's Cyber Monday. Today only, you can save nearly $30, making it one of the best dollar-for-dollar kitchen investments you'll make this year.