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Stretching Your Food Dollar

Stretching Your Food Dollar. Arla M. Halpin Family and Consumer Science Program Associate Powhatan County Extension Office 3872 Old Buckingham Road Suite B 598-5640 ext.# 3, email; arlah3@vt.edu. 4 Ways to stretch your food $. 1. Plan 2. Shop Smart Use Food Wisely Money Saving Tips.

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Stretching Your Food Dollar

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  1. Stretching Your Food Dollar Arla M. Halpin Family and Consumer Science Program AssociatePowhatan County Extension Office 3872 Old Buckingham Road Suite B 598-5640 ext.# 3, email; arlah3@vt.edu

  2. 4 Ways to stretch your food $ 1.Plan 2. Shop Smart • Use Food Wisely • Money Saving Tips

  3. Step 1. Plan • Determine Your Grocery Budget • Your Menu • Shop Smart

  4. Grocery Budget • Spend Smart, Eat Smart calculator • Family of 4 • $1.22 spent for every $1 earned estimated $172.79 per week for your householdestimated $748.68 per month for your household www.extension.iastate.edu/foodsavings/

  5. Plan Your Meals • What is your families needs, likes and dislikes

  6. Steps to Meal Planning • Set aside time • Core recipes • Weekly or biweekly menu • Sale and seasonal items • Main dish • Plan the use of leftovers

  7. The Plate Method of meal planning

  8. Step 2. Shop Smart • Before you shop • Categorical sales • Write a grocery list • Use unit pricing to select the best buys • Specially Marked Packages( SMP’s) • Coupons • Lost Leader Products • Time

  9. Categorical Sales

  10. Stick to your List • Avoid impulse buying • Saves you $ • $5 per week , will add up to $260 per year.

  11. Unit Pricing • Which is the best buy?

  12. Larger is not always cheaper

  13. Specially marked packaging • SMP’s • Lower price • More product • Sample attached • Bundled pack

  14. Coupons • 10-15% savings on grocery bill • Categorical Sales • “Stacking” coupons • Sunday Paper $50-$75 coupons • Stores offer double coupons • Internet coupons • What are your ideas?

  15. Lost Leader Products • Products that are priced at or below the wholesale price. • Lures in customers • Usually a limit

  16. Time is money • The Food Marketing Institute estimates that shoppers spend $2.17 for every minute in they are in the store.

  17. Step 3. Use Food Wisely • $600 of food per year thrown away • Date food • Use leftovers • Buy correct amounts

  18. Proper Storage of Food • Car • Pantry • Freezer

  19. Step 4. Money Saving Tips • Brown bag it • Convenience Foods • Family Packs It costs time to save money, it costs money to save time.

  20. Brown bag it • Average lunch & drink out= $8 • $ 16 per week saved by packing 2X wk • $ 800 saved per year by packing 2x wk • $100’s saved w/home prepared lunches

  21. Convenience Foods • Costs double • You pay for convenience • “Scratch Cooking”

  22. Buying Family Packs or Bulk • Time vs Money • Family pack meats • Buy bulk-grains, yeast, #10 cans, place in smaller containers

  23. Budget Busters

  24. Family Meals

  25. The most important work you will ever do is within the walls of your own home.

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