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How to Feed Your Family on a Low Budget

February 8, 2020 By MelissaB Leave a Comment

If you have a low income or you’re paying down debt, saving for retirement or college, or just want to be a good steward of your money, you may want to keep your grocery budget as low as possible.  According to the USDA, the average cost to feed a family of four for a month based on their thrifty guidelines is approximately $646.80.  You may be wondering how to feed your family on a low budget and spend less than or equal to the USDA’s thrifty guidelines.  Doing so is challenging, but it can be done.  Here are some strategies that will help you:

How to Feed Your Family on a Low Budget

Cook at Home

Eating out will cost you more, plain and simple.  If you’re trying to keep your food bill in check, cook at home for all of your meals.  You’ll save hundreds of dollars a month by choosing to eat at home versus eating at a restaurant.

Get Back to the Basics

You can eat nutritiously without breaking the bank.  Find simple recipes that nourish your body and save you money.  Some examples include vegetarian soup, noodle soup, chili, spaghetti, etc.  Make sure that you serve a generous side (or two or three) or fruits and vegetables to stretch your main dish.

Use Low Cost Proteins

How to Feed Your Family on a Low Budget
Photo by Anh Nguyen on Unsplash

If you’re on a budget, you likely won’t be eating steak.  Instead, go for the cheaper types of proteins such as ground meat, chicken legs and thighs, beans, tofu, and cheese.

Use Healthy Carbohydrate Fillers

When you’re eating carbs at a meal, choose the least expensive but still nutritious carbs such as brown rice and sweet potatoes or Russet potatoes.  Remember, carbohydrates have a place in your meal, but you likely don’t want the majority of your meals to be based around carbs.  Instead, also focus on fruits and vegetables.

Consider Growing a Veggie Garden

If you’re able, consider growing a vegetable garden.  You don’t need a lot of space to do this.  If you have no space, consider an herb garden that you can grow on your kitchen window sill.  If you’re in an apartment or have a small yard, you can grow some veggies in pots on your patio or balcony.  Be creative!

Utilize Frugal Websites

Have a few frugal recipe websites in your repertoire to save.  Sites like Budget Bytes, Good Cheap Eats, and $5 Dollar Dinners have delicious, healthy, frugal recipes.  Consult these sites regularly for new ideas.  All of these sites also have vegetarian recipes, which will help you save by limiting your meat consumption.

Make a Few Freezer Meals

If you make a meal and have ample leftovers, consider freezing some of it.  Also, when you make a meal, you can intentionally make extras by doubling the recipe.  Then put one serving in the freezer.  Freezer meals are the perfect way to help you save money when you have a busy day and don’t have time to cook or when you have an unexpected event such as a child who is sick so you can’t get to the store.

Final Thoughts

Learning how to feed your family on a low budget is possible, you just have to be strategic when it comes to grocery shopping and meal planning.

 

 

MelissaB
MelissaB

Melissa is a writer and virtual assistant. She earned her Master’s from Southern Illinois University, and her Bachelor’s in English from the University of Michigan. When she’s not working, you can find her homeschooling her kids, reading a good book, or cooking. She resides in New York, where she loves the natural beauty of the area.

www.momsplans.com/

Filed Under: Frugality, Saving Tagged With: frugal, grocery

4 Ways TV Watching is Hurting Your Finances

February 3, 2020 By MelissaB Leave a Comment

There’s nothing better after a long, hard day of work than to kick back and watch your favorite television show.  However, what you consider to be a harmless way to unwind may be affecting your wallet in ways that you hadn’t even considered.  In fact, there are 4 ways TV watching is hurting your finances.

4 Ways TV Watching Is Hurting Your Finances

Expense of Cable

At the most obvious level, you’re paying money to have the television set, pay for the cable, and use the electricity.  If you still have cable, you’re likely paying $60 or more for the privilege of watching a wide variety of channels.  That is at least $720 a year.  If you’ve broken up with cable, congratulations, you’re saving yourself some serious money.

4 Ways TV Viewing Is Hurting Your Finances
Photo by freestocks.org on Unsplash

However, you likely pay for Netflix or other similar programs.  You might be spending as little as $11 a month on this, so you’re looking at approximately $130 a year, much better than paying for cable.  While you can pat yourself on the back for this smart move, know that watching shows is still costing you money, but in different ways.

Unrealistic Expectations

Watching television shows and movies can fill you with unrealistic expectations.  While you may make a modest salary and be in the market for a modest house, thanks to shows like House Hunters, you expect a large master suite, a perfectly manicured lawn, and a three car garage.  Your expectations have been elevated outside the realm of your own budget thanks to television.

Likewise, you may see characters like Rachel on Friends struggling to make it working as a coffee shop waitress, yet she wears glamorous clothes and has a nice New York City apartment.  This is not reality, but television isn’t about being real.  It’s about selling a dream, and most of the audience accepts the dream at the cost of their own finances.

Takes Time Away from Other Pursuits

The average American aged 35 to 49 watches five hours of television a day! (NY Daily News).  That is 35 hours a week.  Imagine all of the other things you could do with that time.  You could invest your time in growing your income, whether that means a side hustle, going back to school to increase your future income, taking online classes, or reading a book.  Your time could be used in so many other productive ways.  Plus, advertisers would not be able to reach you as they reach those passively watching television, which means you’d likely keep more money in your pocket.

Health Issues

Finally, those 35 hours of passive television watching can take quite a toll on your health.  Not only are you likely to indulge in unhealthy snack foods while watching television, you’re also not exercising.  Years of excessive TV watching can lead to an increase in weight and health issues.  In fact, according to CNN, researchers discovered that “for every additional two hours people spend glued to the tube on a typical day, their risk of developing type 2 diabetes increases by 20% and their risk of heart disease increases by 15%.”

While watching television may seem like a harmless pastime, keep in mind how much it’s really costing you.  If you want to relax, consider grabbing a book instead or hanging out with friends.

How much television do you watch?  Do you agree that T.V. viewing is affecting your finances, or do you not feel it has an effect?

 

MelissaB
MelissaB

Melissa is a writer and virtual assistant. She earned her Master’s from Southern Illinois University, and her Bachelor’s in English from the University of Michigan. When she’s not working, you can find her homeschooling her kids, reading a good book, or cooking. She resides in New York, where she loves the natural beauty of the area.

www.momsplans.com/

Filed Under: Frugality, Saving Tagged With: frugal, television

This December Save Money with No Spend Days

November 11, 2019 By MelissaB Leave a Comment

While the holiday season often means seeing family and taking time off work, it is also typically a time of high expenses.  In fact, you may spend more in December than you do any other month of the year.  All of this spending can lead to a holiday hangover in January as you look at your empty bank account and credit card balance.  But it doesn’t have to be this way.  This December save money with no spend days.  You’ll be so glad you did when January rolls around.

This December Save Money with No Spend Days

How to Implement No Spend Days

No spend days can be a great way to save money.  December is a challenging financial month, so it’s best to start having one or two no spend days a week in November.  By December, you’ll have accrued extra money to use in the most expensive month of the year.

What Is a No Spend Day

Save Money by Not Spending
Photo by Clay Banks on Unsplash

On a no spend day, you don’t buy anything.  No morning coffee at the local shop; no online purchases, no matter how great the sale; no lunch out with coworkers; no stopping by the grocery store for a few items—you simply do not spend money on that day.  If you want to stretch yourself, try it for two or three days in a row.

Why Have No Spend Days in December

There are several reasons to have a few no spend days in December.

Learn to Rein in Your Spending Impulses

Money gets away from us easily in December.  We feel bad that we may not have spent as much on presents as we perceive others have spent, so we add on a few gifts.  We may want to give the hostess of a party a nice bottle of wine.  We may want to tip the hairdresser more generously.  On and on throughout the month of December, there are little and not so little expenses that chip away at our money.

A no spend day or two allows you a chance to take a break from spending.  When you take a break from spending, you reset your mind.  After a no spend day or two, it’s a little bit easier to not spend as much money.  It’s a little bit easier to ask yourself, “Do I really have to (or want to) buy this, or can I do without or wait?”  You may find waiting leads to never buying it.  When you check your buying impulse, it’s not so strong, and you can experience more self-control.  If you do still want to buy the item, you may be more inclined to look for ways to buy it for less.

Start the New Year without A Holiday Debt Hangover

Wouldn’t it be great if, come January, you open your credit card bill and are not faced with charges you can’t pay off?  Wouldn’t it be great if your bank account balance was still healthy come January?  Wouldn’t it be great if you bought gifts in a disciplined, conscious way so when the holidays are over, you just feel good about the holiday season rather than suffering from a holiday hangover?

It is possible to have a controlled spending holiday season.  One way to jump start this process is this December save money with no spend days.  Try to have one or two per week this month.

How do you keep your budget in check during the holiday season?  What strategies do you implement?  Do you have no spend days throughout the month?

MelissaB
MelissaB

Melissa is a writer and virtual assistant. She earned her Master’s from Southern Illinois University, and her Bachelor’s in English from the University of Michigan. When she’s not working, you can find her homeschooling her kids, reading a good book, or cooking. She resides in New York, where she loves the natural beauty of the area.

www.momsplans.com/

Filed Under: budget, Frugality, Saving Tagged With: frugal, Holiday

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