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Fast Food, Fast Debt: How Convenience Culture Eats Your Savings

April 29, 2025 By Teri Monroe Leave a Comment

fast food eating away at your savings
Image Source: Pexels

With so many options at our fingertips, fast food is the ultimate convenience. It’s easier than ever to reward ourselves with a treat and pick up our favorite fast food. According to a study by the Journal of Marine Medical Society, The fast-food market is growing at a compounded annual growth rate of 4.6% worldwide. However, with rising prices fast food is no longer an inexpensive food option.

History of Fast Food

Fast food establishments were first born to provide quick, affordable meals for busy individuals. White Castle is often dubbed as the first fast-food chain. Founded in 1921 it offered affordable hamburgers and pioneering assembly-line methods for efficient food preparation. After WWII, car culture led to the rise of fast food chains like McDonalds gaining popularity.

Rising Costs

Between 2014 and 2024, average menu prices at popular fast-food chains increased by 60%, with some chains like McDonald’s experiencing increases exceeding three times the national inflation rate. Rising labor costs have contributed to this rise in prices, with some chains paying workers up to $20 per hour. According to a March 2024 report by the Federal Trade Commission, higher operating costs, supply chain disruptions, and corporate profits have also contributed to high food prices. These additional expenses have been passed down to the consumer making fast food restaurants no longer an affordable option.

Most Americans eat fast food 1-3 times per week. Data from the National Center for Health Statistics from the Center for Disease Control shows that a little over one-third (36.6%) of adults in America eat it on any given day. On average, a US household will spend 10% of their annual income on fast food. This amount of money spent on fast food can be detrimental to your savings. To keep your budget on track, it’s important to resist treat culture and the convenience of fast food. There are still affordable ways to feed yourself and your family, some of which are still easy.

Ways to Adjust Your Spending

According to a 2024 survey conducted by LendingTree, 78% of consumers now consider fast food a “luxury” purchase due to its increasing cost. Many consumers now look for chains that offer meal deals. Recently McDonald’s has launched their $5 meal deals and Taco Bell offers a value box. While these initiatives don’t really increase sales for fast food chains, they do retain customers who are shying away from fast food due to its cost. If you do purchase fast food, look for value items and take advantage of deals, which are usually offered in the chain’s app.

To truly save money, you may have to ditch fast food altogether. Many consumers find the most value in cooking at home and purchasing read-to-heat meals from grocery stores. If you rely on fast food for affordable options, you may have to find new ways to save on food. Consider finding ways to save on groceries like couponing, using services like Flash Foods for discounted items, or using a low-cost meal delivery subscription like EveryPlate.

How often do you eat fast food? How much do you spend per month? Let us know in the comments. 

Read More

7 Things Your Mom Should Have Told You About Men and Why She Didn’t

The Ultimate Frugal Shopping List for People Who Always Forget The Essentials

Teri Monroe Headshot
Teri Monroe

Teri Monroe started her career in communications working for local government and nonprofits. Today, she is a freelance finance and lifestyle writer and small business owner. In her spare time, she loves golfing with her husband, taking her dog Milo on long walks, and playing pickleball with friends.

Filed Under: budget Tagged With: expensive fast food, fast food, fast food ruining your savings

7 Things Your Mom Should Have Told You About Men and Why She Didn’t

April 24, 2025 By Teri Monroe Leave a Comment

The truth about men that your mom didn't tell you
Image Source: Pexels

There are some things about dating and relationships that your mom held back. Some of these things she knew you’d figure out, and some she couldn’t bring herself to say. Here we’ll tell you the real truth about men that she left out.

1. Not All Men Are Good with Money

We often assume that men are more analytical and good with numbers. Although this might be true, it doesn’t mean that they know how to manage their money. The truth about men is that they have different money strategies than women. Many studies have found that men tend to be more confident in their financial knowledge and more open to risky investments. Women are more cautious investors with an eye toward the future.

In 2021, CNBC reported on a Fidelity study that found women investors are outperforming men. The CNBC article said that “women may outshine men with a buy-and-hold investing strategy. Women have also made strides beyond retirement accounts, with two-thirds now investing extra savings outside of emergency funds.”

2. They Don’t Always Understand You

Men aren’t mind readers and communicate differently from women. Women can be passive-aggressive when mad or drop subtle hints. Men usually don’t pick up on these cues. If you want to have a healthy relationship, clear communication is key. Your mom probably expected you to figure this out as you started dating that men communicate differently.

3. They Want to Fix Things

Sometimes women just need emotional support, but men tend to be fixers. In challenging situations, men want to provide solutions and sometimes forget to listen. Women may need to be clear that they just need a shoulder to cry on or validation. This may come from the fact that men have a hard time showing emotional vulnerability. Being vulnerable and emotionally available comes more easily for women.

4. They Want to Be Needed

The truth about men is that they like to be relied on and feel that they are needed by you. Your mom probably wanted to raise you as a strong and independent woman. However, in any partnership, you both should be able to lean on each other. In many ways, you’ll have to learn what works in your relationship and not pay attention to stereotypes.

5. Some Have No Motivation

Not every man has aspirations to climb the corporate ladder. Some are content having a steady job with no desire to seek a promotion or a better job. Some are more focused on quality of life or following their passion than chasing a bigger paycheck.

6. Some Can’t Commit

No matter what you do, you may not be able to get some men to commit. It’s not you, some men prefer to be single or in a casual relationship. Men also mature more slowly than women, so this may play a role in men settling down later in life.

7. Some Don’t Want a Family

You may learn as you get older that some men don’t want children. This can be especially challenging as a woman if you want kids. Don’t waste your time if you can’t agree on having a family or not.

What are some other things about men that your mom didn’t tell you? Let us know your experience in the comments.

Read More

The Ultimate Frugal Shopping List for People Who Always Forget The Essentials

6 Reasons Baby Boomers Were Never Broke and How You Can Follow Their Lead

Teri Monroe Headshot
Teri Monroe

Teri Monroe started her career in communications working for local government and nonprofits. Today, she is a freelance finance and lifestyle writer and small business owner. In her spare time, she loves golfing with her husband, taking her dog Milo on long walks, and playing pickleball with friends.

Filed Under: Dating Tagged With: dating advice, things your mom didn't tell you about men, truth about men

The Ultimate Frugal Shopping List for People Who Always Forget The Essentials

April 22, 2025 By Teri Monroe Leave a Comment

frugal shopping list ideas
Image Source: Pexels

Today, it’s even harder to be frugal when grocery shopping, especially with inflation. According to the Economic Research Service, grocery prices have risen by more than 23% from 2020 to 2024. If you want to save on groceries, you have to be strategic. You’ll also need to go to the grocery store armed with a shopping list. Here we’ll discuss how to save on all the essentials, even if you always forget them.

Pantry Staples

The best way to save money on groceries is to start stocking up your pantry stash. Wait until essentials like rice, beans, and pasta go on sale. Then, you’ll save even more money by buying these items in bulk. You’ll continue to save money if you utilize your pantry when cooking meals. Many pantry staples add affordable bulk to meals that help you keep the overall cost per serving down.

Vegetables

For frugal shopping list ideas, pick up vegetables that don’t spoil quickly. You’ll definitely want to grab a bag of potatoes, onions, and carrots. Each of these has multiple uses and doesn’t cost a lot. You may want to consider canned or frozen vegetables as opposed to fresh.

Fruits

Buying fruit, especially cut fruit, can drive up the cost of your groceries. Instead, you’ll want to buy staples like bananas and apples. Usually, there is at least one variety of apples on sale per week. Additionally, canned fruits are usually the cheapest option.

Bread

Some breads go bad more quickly than others. Sometimes, cheap white bread like Wonder Bread is the best choice. If you prefer other varieties like sourdough, you may want to consider making your own to save the most money.

Dairy

With the average price of eggs high right now, substitutes may save you the most money. You can substitute applesauce or mashed bananas for eggs if you’re baking or silken tofu for savory dishes. Cheese can also be expensive if you purchase it from the deli counter. Instead, look for store brands or sale items.

Meats

To save the most money, you don’t need the best cuts of meat. Look for manager’s specials or things like country-style ribs, ground turkey, thin-cut steaks, or sausages. You usually can get a good deal on any of these items. With the right recipe, you won’t have to sacrifice taste either.

Paper Products

Toilet paper and paper towels can cost you a pretty penny if you buy an expensive brand. Instead, you may want to buy items on Amazon and utilize a subscribe & save deal or apply a coupon. You can find the best Amazon deals on Jungle Deals.

Frugal Shopping List Ideas

Don’t wait to purchase the essentials if you want to save money. If you truly want to be frugal and save on your groceries, you’ll have to look for the best deals and buy essentials during sales. Then, you can start to build recipes around these items.

Read More

6 Reasons Baby Boomers Were Never Broke and How You Can Follow Their Lead

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Teri Monroe Headshot
Teri Monroe

Teri Monroe started her career in communications working for local government and nonprofits. Today, she is a freelance finance and lifestyle writer and small business owner. In her spare time, she loves golfing with her husband, taking her dog Milo on long walks, and playing pickleball with friends.

Filed Under: Frugality Tagged With: frugal groceries, grocery budget, shopping list ideas

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