Maintain a Food Waste List to Save on Groceries
Each year, Americans throw food in the amount of about $ 165 billion , which could be up to $ 2,200 for the average family. One of the easiest ways to save on groceries is to make sure you’re not wasting food. To avoid this problem, personal finance site Clark.com offers to keep a list of the things you give up.
This is a pretty simple idea. Every month, just make a list of the foods you throw away. Next to each item, write down how much you paid for it. Writer Mike Timmerman explains:
How much food do you waste every year? If you are like the average American, you spend 30% to 40% of what you buy! I got the idea to start a list of items that I throw away after I wrote a story about how restaurants like McDonald’s keep track of everything that is wasted, including how much it costs them. Here’s the challenge: Try cutting your monthly grocery budget by the dollar amount you wasted the previous month!
Your amounts do not have to be exact. If you throw away half a loaf of bread, you may want to write down the cost of half the loaf, not the whole loaf, since you partially used it. The purpose of this exercise is to give you a general idea of ​​how much money you are wasting and what items you are throwing away. This way, you can avoid buying these items in the future, or just focus on getting more out of them . For more details, navigate to Clark’s full post at the link below.
These 5 Lists Will Help You Save More Money in 2017 | Clark.com