Frugal Tips: Cut Your Food Budget

By on December 5, 2012 No Comments

Most people cringe when they hear the word ‘frugal’, as it conjures up images of hoarding ketchup packets and tinfoil trays, and never spending a dime on anything.

We’ve written before about frugality in general, and today we’re going to look at some specific ways you can stretch your budget to focus every extra penny on knocking out your debt.  Remember that frugality does not equal being cheap with everything.  It simply means staying conscious of your spending and focusing your money in way that best achieves your goals.

Frugality And Food

When it comes to food, your focus should be on providing healthy, tasty choices for your family.  Frozen pizzas might be easier, but there are always better options.

Everyone has different preferences with regards to what they eat.  Being frugal with regards to your eating can take many different forms.

Cheaper Ingredients

Switching to no-name items will always save you money.  From beans, condiments, and oils, all the way up to processed meals, the off-brand choice will be cheaper.  This is one of the easiest steps to take because you won’t actually be changing your eating habits – just your shopping ones.

Be careful, however.  Some off-brand items are of course just as good as their brand-name counterparts, but some ignore healthy considerations for price, loading up with salt and preservatives.  You’ll have to decide where the line is and when not to cross it.

Skip the Non-essentials

Most of us have some items we buy as staples that don’t necessarily benefit us health-wise.  Expensive cheeses and other ‘top shelf’ items can quickly eat into a food budget.  Of course you should be able to enjoy them once in a while, but take a hard look at your default items and see if you can cut a few back to special occasions to save a bit more every week.

Buy What’s On Sale

Depending on the day of the week and other factors, different items are on sale at different times.  One way to save money while shopping is to focus on what’s on sale when you go rather than making sure you buy the same thing every week.

This obviously requires a bit of creativity on your part when it comes to cooking as you might end up buying some vegetables or meat cuts that you’re unfamiliar with.  Enjoy the process and have fun Googling new ways to feed your family.

A Slow Cooker Is Your New Best Friend

Many of us get stuck at the last minute, eating take-out or junk food because we don’t have time to cook.  Using a slow cooker solves this problem in a few ways.  First, you ‘cook’ ahead of time, in the morning or the night before, so it’s easier to schedule.

Second, you’re usually preparing larger portions, so you’ll have extras to store or freeze for later.

Slow cookers are also great because you can use cheaper cuts of meat.  Stewing beef is cheaper than steak, but turns out delicious with the right recipe in a slow cooker.

Grow Your Own

Regardless of how much space you have, chances are you can grow SOMETHING.  Whether it’s a small herb garden, growing your own sprouts for salad, or using a small patch of backyard for some basic veggies, growing your own food can be rewarding as well as budget friendly.

Buy In Bulk

When non-perishable staples go on sale, stock up for later.  There’s no point in paying full price for something you could have saved on.  This takes a bit more planning (and storage space), but can be well worth it.

Always double-check the price, however.  Bulk shopping at places like Costco may always seem like a great deal, but they’re often not as cheap as other stores.  4 litres of mayo might seem like a good deal, but it’s hard to compare the relative price with the usual amount you’d buy.  Even if it IS cheaper, the pennies in savings might not be worth using up that storage space for the next 3 years.

Paying Attention Is The Key

A lot of us shop without considering a larger strategy.  Food is food, and we all have to eat.  Focusing on your budget and larger goals will force you to pay attention to every food purchase.

You’ll likely find yourself getting more creative with your meals, choosing healthy items over unhealthy ones, and having more fun with your cooking.



The Secret to Crushing Debt

By Andrew Daniels on December 1, 2016

The Secret to Crushing Debt If there is something that I have been asked many times since we paid off our mortgage it’s “What’s the secret to crushing debt?” Is there really a secret formula to crushing debt? In a word: Yes. There are methods that will help you crush your debt that are quicker…


You Paid Off Your Debt, Now What?

By Alyssa Davies on November 24, 2016

You did it, you finally made that last payment on your debt load, and you are ready to move on to bigger and brighter things. Money management is something you feel you can finally control and understand, which has become an important part of your new financial life. But after all of those days, months,…


How Parents’ Debt Affects Children

By Amanda Reaume on November 15, 2016

While they might not always show it, children are incredibly sensitive to everything going on in their parents’ lives. It’s therefore not surprising that the stress that a family experiences from dealing with debt could have an impact on kids. A recent study by Lawrence M. Berger of the Institute of Research on Poverty at…


The 3 Things You Need Besides Money To Pay Off Your Debt

By Andrew Daniels on November 7, 2016

You’ve decided that you want to break free from debt once and for all. Congratulations! When it comes to paying off your debt there are a lot of things to think about, but deciding to get out of debt is the biggest decision of all. While money is the most important part of debt repayment,…

No Comments Leave a Comment  

Leave a Comment

Free Savings Estimate

How much do you owe?


Live Chat
Welcome to our Live Chat
Agents are not available at this time. Please leave a message. Thank you.
First Name
Last Name
Postal Code
Debt Amount
PHP Live! powered