Thursday, November 19, 2009

Using Food Budget To Save Dough

By Mike Smith

If you keep track of the money you spend on household expenses, you may find that one of your largest expenses is what you spend on food. While food is expensive, a good food budget can help you to save money and that money can be used to meet other expenses in you overall budget.

Start by packing your own lunch for work. It is easy to add over twelve hundred dollars a year that can be used for other purposes by taking your lunch to work. While you are at it, cut out all of those fancy coffees you are drinking on the way to and from work. This can save another one thousand dollars per year.

Eat out less often with your family. With tips, a meal at a nice restaurant can easily cost a family of four eighty dollars. If you learn to cook your favorite meals at home, you will rarely spend more than fifteen dollars on the fanciest of meals. Many times, it is possible to feed a family of four a great tasting nutritious meal for less than ten dollars per meal. That is a savings of seventy dollars per meal.

To save money on the food budget, you will want to plan a menu and stick with it, sort of. You may need to make substitutions at the grocery store in order to save the most money. This allows you to be able to take advantage of any sales you find while shopping.

Stop wasting food. Cook only the amount your family will eat at one meal, unless you are willing to take left over food for your lunch at work the next day. When planning a meal, plan those foods that use the fresh produce early in the week so there is less chance of food going bad before you use it. Plan to use frozen or canned produce later in the week. After shopping, freeze any meats that you will not be using in the next couple of days. Use your microwave's defrost cycle to thaw those meats when needed.

You can save money with a food budget and still have great meals.

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