Feed Your Family, Save a Fortune Amy McVay Nov 04, 2009 7:50 am |
![]() |
![]() |
|
||||||||||||
![]() | |||||
|
In a nutshell, we buy food with high nutrient density when it's on sale. Nutrient density is simply the amount of nutrients (vitamins, minerals) per calorie consumed.
Meats, vegetables, fruits, dairy products, and some nuts and whole grains, all with high nutrient densities, make our shopping lists.
Anything else generally doesn’t make it into our cart.
We also minimize our use of disposable products.
So that’s it, that’s our strategy. However dull it might be, buying food this way does work. Our average weekly food bill hovers between $70 and $120 for our family of four.
Unfortunately, Minyanville probably won't post a three-paragraph article. So I'll fill in the details of how we shop:
- Buy few or no "treats", aka snack food: We buy about 1.5 gallons of ice cream a month. Chips and soda are reserved for parties only. Snack food just isn’t necessary for survival. It’s entertainment, expensive, and unhealthy.
The worst offenders in this category I've seen are households with small children. Kids don't need snack food, either. Letting them choose between fruit or no snack is better for them and easier parenting in the long run.
Bonus: Walking briskly past the cracker aisle for economic reasons keeps your waistline thin, too (sorry, Nabisco). - Limit consumption of disposable products: I wrote an article a few weeks ago on alternatives to paper towels, napkins, and Kleenex. (See The Real "Quicker Picker Upper"). We’re busy, too -- it’s doable. Obviously, keeping on top of your dishes also helps.
- Avoid most processed or boxed food: These are usually a nutrition disaster, worthy of being avoided for that reason alone. From a cost point of view, however, these almost always work out to be extremely expensive alternatives to their un-boxed cousins. Rice is cheaper than Rice-a-Roni (PEP), potatoes are much cheaper than chips or fries -- you get the picture.
- Pay attention to cost per pound/per serving: It drives me crazy to read or have people call cold cereal a "poor" or "low-income" food. Cold cereals such as Special K only look cheap because grocery stores don't price them per pound.
The cheapest cold cereal I can buy locally costs $1.60 per pound. For that kind of money, I could be buying whole grains, on-sale meat cuts, eggs, vegetables, and fruits. In other words, anyone who can afford cold cereal can afford far more nutritious food. Looking at cost per pound (or per serving) leads you to the highest-value food items.
|
|||||||
|
|||||||
|
|||||||
|
|||||||
|
|||||||
discuss this article and more on the mv exchange |
|
No positions in stocks mentioned.
Get real-time options trading ideas from Steve Smith, veteran options trader and newsletter author, plus let him show you the way to cut risk and boost your returns through the strategic use of options. Click here for a free 14 day trial to OptionSmith by Steve Smith.
Get real-time options trading ideas from Steve Smith, veteran options trader and newsletter author, plus let him show you the way to cut risk and boost your returns through the strategic use of options. Click here for a free 14 day trial to OptionSmith by Steve Smith.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2009 Minyanville Media, Inc. All Rights Reserved.
Copyright 2009 Minyanville Media, Inc. All Rights Reserved.
Select
| add rss feed | free article alerts |
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
DC
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennesee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Local Guides
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
DC
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennesee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Local Guides


















