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When you track your spending manners, you will notice how your food bill can get out of hand.
Living frugally is not a new thing, and stretching your budget for your groceries is something many people have been doing for a long time. With the current price hikes and inflation uncontrollably going on, it’s no surprise that plenty of families have turned to this practice.
You can save a lot of money by planning and sticking to a few guidelines.
Once you learn how to stretch your grocery budget, you’ll put more money into saving and paying off debt.
Table of contents
WAYS TO STRETCH YOUR FOOD BUDGET
- Pack your own lunch. Buying a meal from a restaurant is now too costly. In a week, you’ll be spending $50-$100 extra if you’re not careful. So get in the habit of packing your lunch the night before you’re leaving for work to save your money.
- Eliminate snacks. Snacks can drain out your budget real quick. If one of your family members gets a little hungry between meals, always make sure that you have some leftovers to give to them. One note to recall is to have 3 square meals a day.
- Meal plan. If you don’t do meal plans and create a grocery shopping list, your food budget will spike immediately. Go into the grocery store with your plan and don’t spend useless time on aisles or products that you don’t need.
- Always save your leftovers. Even if the leftover food is only one plate, it’s still worth it. You can store it in a glass container to reheat in the microwave for the next time you’ll use it.
- Consider having breakfast for dinner. You can try this once a week. Kids will enjoy it and so will your budget. A meal of eggs and waffles is super cheap, and those leftover potatoes will make for a delicious hash brown.
- Grow your own food. Even if you don’t have a large backyard, you can still grow your own food at home. Try hanging a basket in the kitchen and raising some salad greens or herbs in a jar on your kitchen counter. Potatoes are grown in a barrel and you can produce many vegetables in a container.
- Use every drop of product. Try to squeeze out any small bits of toothpaste or shampoo you have at home. The number of people who throw away half-used products because they can’t get them out is insane. In the long run, it will make a vast difference.
- Shop when prices are slashed in half. Grocery stores reduce the items on some products when they’re close to their expiration dates, so take advantage of that.
Start with a budget and go from there. When you cut costs and expand your purchases, you can diminish your spending and build up your savings!
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