How Can Your Family Spend Less On Groceries and Eating Out?

Answer:

(Expense - Solution)

BEVERAGES

Coffee in coffee shops

Coffee at home/office

Alcoholic beverages

Minimize alcoholic beverages

Expensive wine

Less expensive wine or less often

Soft drinks

Minimize soft drinks; drink water instead

Buying bottled water

Drink tap water/Get a water filter

Having beverages when eating out

Have water when eating out

 

FOOD/ENTERTAINMENT

Eating out often

Eat out less often

Having dessert when eating out

No dessert or share dessert when eating out

Leaving food when eating out

Share entrees when eating out, or take home extra

Throwing out leftovers

Prepare only as many servings as needed

Freeze leftovers

Take leftovers for work lunches

Throwing out old food in pantry, refrigerator, freezer

Use what you have before it gets old/plan usage

Freeze leftovers for later use (freeze in individual

servings)

Deli salads

Make your own salads

Bakery goods

Make your own quick breads, cookies, freeze extras

Buying meats and seafood prepared

  for cooking (i.e. marinated, seasoned, kebabs)

Buy less prepared meats; you prepare

 them the day before use

Potato and corn chips

Whole grain crackers, popcorn

Chicken breasts

Whole chicken, other parts

Rotisserie chicken

Cook your own (consider a crockpot/slowcooker)

Best olive oil

Less olive oil, blends

Unlimited meat and produce

Single servings meat and produce; freezer vegetables,

fill in with pasta, rice, bread (preferably whole grains)

Remember – a serving of meat is about 3 oz.

when cooked (the size of a deck of cards)

Bakery prepared desserts

Ice cream, home baked cookies

Unplanned shopping/impulse buying

Shop with a list and stick to it, don’t shop while

hungry, try to shop when not pressed for time

Buying name brands of products

Buy store brands or “generics” of the same thing

Buying at full price stores or at full price

Buy at discount/warehouse stores (but only buy what

you can use within a year).  You can split purchases

with friends and family. Plan meals around weekly sales.

Buying organic

Grow organic!  Grow your own herbs and vegetables.

Flowers

No flowers, grow your own or get house plants

that can bloom during the year

Tobacco

No tobacco, cut usage

The 360 Degrees of Financial Literacy Web site offers general information for managing personal finances and does not recommend specific financial actions.  For financial advice tailored to your situation, please contact an expert such as a CPA or a personal financial advisor.