Saving Money On Food
March 13th, 2006 by jhampton
One of the biggest expenses in most budgets is food. A few years back we discovered after looking at our annual expenses that we had spent almost $30,000 eating out.
When you think about trying to find money to pay off your debts, you might not think about cutting your food costs. There are many ways to save on food costs and put that savings toward building wealth.
1. Shop alone. If you bring your spouse or children, count on your bill being higher!
2. Do not shop when you are hungry.
3. Join a warehouse like Costco or Price Club. There can be significant discounts buying in bulk.
4. Keep your eyes on the items on the bottom shelf where the prices are lower!
5. If you are not good doing math in your head, bring a calculator so you can determine the better value of the same item in different sizes.
6. Use coupons and send for rebates. Get organized. Keep those coupons where you can easily find them, and keep all the parts of a product you think you might need for the rebate. Don’t create a fire hazard, but organize!
7. Buy only items you know you will eat. Don’t buy things because you know you should eat them. If you don’t like broccoli, don’t buy it hoping you’ll eat better this week. Be realistic. It’s kind of like a person who is dieting buying a dress too small for them, hoping that it will motiviate them to lose the weight to wear it. It doesn’t usually work! Buy the foods you will eat!
8. Buy store brands when the quality is the same.
9. Eat less! Let’s face it- most of us eat too much. Try not eating after dinner. That’s when you usually indulge in recreational eating. Without all those high priced snacks, your food bill will go down. Both your wallet and your figure will thank you!
2. Do not shop when you are hungry.
3. Join a warehouse like Costco or Price Club. There can be significant discounts buying in bulk.
4. Keep your eyes on the items on the bottom shelf where the prices are lower!
5. If you are not good doing math in your head, bring a calculator so you can determine the better value of the same item in different sizes.
6. Use coupons and send for rebates. Get organized. Keep those coupons where you can easily find them, and keep all the parts of a product you think you might need for the rebate. Don’t create a fire hazard, but organize!
7. Buy only items you know you will eat. Don’t buy things because you know you should eat them. If you don’t like broccoli, don’t buy it hoping you’ll eat better this week. Be realistic. It’s kind of like a person who is dieting buying a dress too small for them, hoping that it will motiviate them to lose the weight to wear it. It doesn’t usually work! Buy the foods you will eat!
8. Buy store brands when the quality is the same.
9. Eat less! Let’s face it- most of us eat too much. Try not eating after dinner. That’s when you usually indulge in recreational eating. Without all those high priced snacks, your food bill will go down. Both your wallet and your figure will thank you!
Making some changes in any of these areas will help free some money for debt elimination. Get some wealth building advice on how to put thoses savings to work effectively.
Posted on Monday, March 13th, 2006 at 2:47 pm In Debt Elimination