How to set up Apt caching server on Ubuntu or Debian

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Xmodulo posted How to set up Apt caching server on Ubuntu or Debian

A quote from the article:
If you often create guest VMs or containers on your Linux computer, you will go through package installation many times across different VMs/containers. In that case, your time may be better spent on something more productive than just waiting to finish installing packages.
 How to set up Apt caching server on Ubuntu or Debian @ Xmodulo