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Money Tips

Pocketing more money a year is just twenty minutes away.

9/9/2015

 
Eating out is convenient and inexpensive.... Or is it? Most of us don't realize just how much we eat out in a month and those forgotten meals out quickly add up affecting your savings potential.

Just take the average family size of 4 people, assuming two adults and two children are eating daily meals from the same budget. If you feed 4 people three times a day for 30 days a month that's 90.00 per person per month, totaling $360.00 per month. This budget does not include drinks or snacks. Three hundred and sixty dollars a month to feed a family of four equals just $1.00 per person per meal, or $12.00 a day in groceries.

Do you think you could spend just $12.00 a day and feed 4 people three meals? You might be sceptic now, but wait... keep reading and you'll see how it is possible.
Meal planning is key in cutting your food budget. Taking twenty minutes twice a week can save you hundreds by the end of the year. Spend those twenty minutes twice a week looking at your local stores ads online, plan your meals based on items on sale. The ads change consistently to allow for many options from week to week. Further your savings by taking an additional few minutes to check for coupons on items you plan to buy. To ensure your shopping trip is a success, make a list and stick to it.

Once you start the habit of planning your meals and budgeting a monthly food expense it will become second nature. Eating meals out blows your budget because the average fast food bill for one person comes to more than $6.00! Eating out a couple of times a month per person in your family can cost you more than $200.00 in excess expenses.

Don't feel gloomy about the prospect of eating in or packing lunches. There are so many options to feed a family healthy and delicious meals and stay on budget. Start with the basics, eggs, bread, and milk then add flexible foods that can be used two or more ways. Have fun planning meals by changing the menu often.
Check us out on Facebook and share your favorite budget friendly meals!
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”This is my advice to people: Learn how to cook, try new recipes, learn from your mistakes, be fearless, and above all have fun”
-Julia Child

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