Save On Food

  • Whether you live alone or are part of a big family you know that feeding your family is a major expense. Typically I've told people to budget 15 to no more than 20% of their take home pay for food. Naturally that depends on whether you have people with special dietary needs or teenagers in the house.

     

    Another thing that I tell people who are looking to reduce spending is that your food budget is a great place to look for savings. After housing and transportation, food is the biggest item in most budgets.

     

    Not only is food a big expense item, it's also something where you're making purchase decisions on almost a daily basis. That makes it easy to change habits and get some fairly big savings for your efforts.

     

    You probably know that we have a section on the site for food and groceries. We update it each week. This week we have a number of interesting articles.

     

    Two of them share ideas about food storage. The first is called Leftovers: How to Tell When Good Food Has Gone Bad. Using your leftovers can not only be a big-time money saver, but also a time saver as well. But, you need to know how much time you have before last Monday's dinner needs to be thrown out.

     

    The second article is about frugally freezing meats. Along with leftovers, your freezer is a wonderful tool for saving money. If you know how to use it right. I thought that it was just a matter of tossing food in the freezer. Not so! I was surprised at how much I learned about using a freezer.

     

    The third article is another great money-saving tool: A digital grocery pricebook. I've been a big fan of grocery pricebooks for years. They don't change what you eat, just how much you pay for it!

     

    So make sure that you give those articles a read. Your grocery budget will be glad you did!

     

    Keep on Stretching those Dollars!
    Gary


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