All of us are feeling concerned by what we see in the news and spend in the stores. Costs are rising much faster than inflation and incomes. (An analysis of government data by The Washington Post found that prices have risen 9.2 percent since 2006 for groceries, gasoline, health care and other essential basics.)
We all feel the need to cut back – but how?
Many of our major expenses like rent/mortgage, transportation and utilities are non-negotiable. But food can be a flexible part of our budgets. In other words, we have opportunities to save substantial money by reexamining where we spent our meal money.
Cutting back on food costs, however, does NOT mean you need to also sacrifice your health and sanity. Below we have compiled a list of top tips for saving money while eating better and reducing stress. They are listed in order from biggest savings to incremental reductions.
Home Cooked Meals are your Biggest Savings
- Americans spend some 50% of food dollars on out-of-home meals, snacks and beverages. This budget item, therefore, is the first area that can be cut way back. Cooking at home is almost always cheaper than going out to dinner, ordering takeout, or buying prepared foods—and healthier! Plan for a week of meals so you don’t waste food. With an online meal planning service (like The Six O’Clock Scramble) you can have your meal planning and grocery lists automatically generated so you also don’t waste time.
- Before grocery shopping, try to use up food in your refrigerator, freezer and pantry. Stretch your budget by making a meal at the end of the week out of ingredients you haven't finished. (Omelets, quesadillas, stir-fries and pasta sauces are flexible options.)
- Pack up leftovers (sometimes it helps to do this before serving the meal so you don't overeat!). Use them for lunches the next day, or freeze half for a future dinner. That way you get 2 meals in 1.
- Use up food in your refrigerator and freezer. Many people are sitting on hundreds of dollars of food that they’ve forgotten is in their freezer. Defrost and use something each week. Make a list of what’s in there and label and date the containers.
Healthy Foods are not necessarily a Budget Buster
- Use less meat! Cooking with non-meat proteins like beans, tofu and eggs is very economical and healthy. You can often substitute boneless chicken for fresh fish in recipes, or use less expensive frozen fish and shrimp.
- Frozen vegetables are inexpensive, as well as healthy, delicious and convenient. Frozen at their peak of freshness they are a healthy and economic alternative to fresh produce.
- One timely tip for spring is to grow your own fresh herbs. It only takes about 10 minutes to plant a little herb garden in your yard or on your window sill or deck, so you can use your own crop instead of buying expensive herbs at the market. You can buy little pots of fresh herbs at garden stores for $2 - $3 each, which you can repot and use all season long. (That is about the same amount you would pay at your grocery store for a small packet of fresh herbs that doesn’t last more than a week.
Tips to Save money at the Grocery Store
- Buy in bulk packages—many stores have super deals especially on meat, chicken and fish—you can break up the large packages into 1 or 2 lb. packages before freezing them. Also, buy large bags of shredded cheese and freeze 1 lb. portions of them, or buy blocks of cheese and grate it yourself. Buy large containers of items like yogurt, applesauce, raisins and chips, instead of single serving sizes, and divide them into reusable containers yourself.
- Stock up on staples, such as olive oil, rice, canned beans, canned tomatoes, chicken or vegetable broth, pasta, pasta sauce, frozen chopped spinach, frozen peas, onions, lemons, limes, salsa, balsamic vinegar, and nuts.
- Buy food when it’s on sale, especially non-perishables.
Armed with these suggestions, you should be able to shave hundreds of dollars off your family food bill while still eating delicious and healthy food.