A Financial Education Event
 

Top Ten Failure Factors for Finances

Welcome to Top Ten Tuesday. Only 1 day left in January! By now, it seems that most of our New Year’s resolutions have lost some steam, been pushed to
the side, or just been dropped all together.

It is never too late to reevaluate our goals and start over. We don’t need to wait until the next January 1st to get our finances under control. When we fall off the wagon, it is best to get up and keep going. I like to imagine the young Anne of Avonlea saying, “Isn’t it nice that tomorrow is a new day with no mistakes in it?”

If we understand what derails us from achieving our goals, then we can counter those failure factors and find success. These are the top ten failure factors that impact the achievement of a goal. Read them slowly and think about what they mean in your recent resolutions.

Top Ten Failure Factors:

•   Setting unrealistic goals

•   Motivated by the wrong motives

•   Believed failure was inevitable

•   Fulfilled the need for immediate gratification too often

•   Influenced unduly by other people

•   Practiced a “deprivation mentality”  – all or nothing/black or white

•   Rationalized and made excuses rather than taking responsibility

•   Displaced emotional issues through overspending and overeating

•   Procrastinated rather than taking action

•   Lacked the tools to make compounding incremental change

Reread the list above and circle any of the “failure factors” which you believe may be significant influences in your life. Failure can be seen as a profound learning opportunity. It’s time to stop trying so hard and start training toward a new way of addressing your wealth challenges. Past failures do not need to be repeated. Before my husband and I met, he was in a debt cycle he felt would never change & financial

freedom was just a dream. But it did change because we set goals and took action. The result? We’ve been debt free for 20+ years.

After you circle the “failure factors” that may apply to your situation, take the time to write three ways you believe you can counter those factors and turn them into successful areas of your life. I believe in the old saying from John L. Beckley “people don’t plan to fail, they just fail to plan.” Having a plan can be over half the battle in discovering ways to be successful in your finances. But implementing that plan is the other half of finding success.

One of the ways that I have found most people can create and stick to a plan is by having a “money buddy.”  If you are married, this might be your partner, and if you are single, it can be a like-minded friend who is good with their own financial resources. Get together with your money buddy and go over this “failure factor” list. Let them help you come up with ways that you can counter the failure to turn it into success. Then, set a date to meet with your financial partner and track your success. It’s kind of like Weight Watchers for money matters and there is great power in unity with other like-minded people who want to overcome their own failure factors.

For great budgeting tools, go to mint.com—an excellent app for managing finances. Keep checking in week to week for help along the way. You are not alone in this financial journey! You can find success if you: Dream Big. Set Goals. Take Action

New Year Savings Habits

You are what you think! That’s what positive thinking gurus tell us and I believe it to a certain extent. But thinking it without doing something about it isn’t going to help you develop better money habits. In this New Year, I’m challenging you to implement some really easy money savings habits. Let me know which of these that: 1) you already do and 2) you are going to start doing or 3) you ain’t ever gonna do, no way, no how!

PRICE MATCHING—ASK YOUR STORE

If you have a store that will match competitors’ ads, then this helps save time and money. Most Walmart stores offer this benefit to their consumers. This price-matching tip is also good outside of the grocery area because there are dozens of other stores that will honor competitors’ ads, including Best Buy, Office Depot, Staples, the military exchanges, and more. Since these policies vary from year to year (and even month to month), it’s important to inquire at the customer service desk before you try to use the price-matching benefit.

To implement this tip, just take in all the local sale ads and have the store match the sale price from the circulars, or pull them up on your phone. There may be some restrictions, so be sure you ask for the details at the customer service desk. For example, Walmart will not honor a “buy one/get one free,” nor will they honor “percentage off” sales. But they will substitute their brand for other store brands that are on sale and it may even end up being a better-quality deal!

 

SEARCH HIGH AND LOW FOR BARGAINS

In today’s grocery stores, many bargains are located on the top and bottom shelves. The expensive items are at eye level. To those in marketing, the reason is obvious—you’ll buy something that’s in front of your nose! Also, avoid the floral, deli, and bakery departments. They’re usually overpriced and can bust your budget.

 

USE A SHOPPING LIST—DON’T LEAVE HOME WITHOUT IT!

When shopping, you should never leave home without an organized list. It minimizes time spent in the store and helps you stay on target, thus avoiding impulse buying. It can also serve as a reminder of sale prices and coupons you may have. When I first started saving money with coupons and sales, there were only flyers and paper coupons. Flipp is an app that combines the best of old and new by providing a digital library of all the latest flyers and help you build a shopping list within the app. Just tap on a digitized coupon or product and the app will circle it and add it to your digital grocery list.

 

SAVE ON TRAVEL

My crafty little informant over at Hopper just gave me the 2018 Travel Cheat Sheet telling you when the best time to buy is for those 2018 trips. It gives fantastic insider tips, for example:

  • When to buy airfare for major US holidays
    • President’s Day: Book by Monday, January 29
    • Easter: Book by Sunday, February 18
    • Fourth of July: Book by Wednesday, June 13
  • Top 10 domestic and international destinations to watch in January for the best deals:
    • Los Angeles: Round-trip flight prices currently average $328, but are expected to drop 43% this month.
    • Las Vegas: Round-trip flight prices currently average $178, but are expected to drop 28% this month.
    • Cartagena, Colombia: Round-trip flight prices currently average $354, but are expected to drop 35% this month.
    • Lisbon, Portugal: Round-trip flight prices currently average $622, but are expectedto drop 32% this month.

If you’re wanting to read more about saving money on travel, check out Wanderlust For Less, an upbeat look at ways to save money on travel AND still pay the light bill.

COUPON APPS AND WEBSITES

My son, Jonathan, gave me his back-

 

to-school-for-the-spring-semester wish list. He had a gorgeous item that was a pair of shoes at the Bostonian website. The first thing I did was look up the online site in RetailMeNot. Instantly, I got a coupon for 25% off the exact shoes Jonathan wanted. That’s something that made both of us happy.

Coupon Sherpa and CouponMom are also user friendly apps to help you find great values at your local store. Download these apps and use them regularly to save 30 percent or more. Both use geographic location or zip codes to target deals at stores near you. You may also want to try the Redlaser app, it can be used to scan the bar code of a product and find out if the item is cheaper elsewhere.

Don’t forget to listen to my quirky, sometimes geeky co-host, Bethany Bayless and myself on our new podcast called The Money Millhouse. We’ve give lots of tips after drinking lots of coffee and have some of the best financial guests in America on our show! 

Remember to let you know what you are already doing, what you’re gonna do and what you ain’t gonna ever do to save money in 2018!

Coffee Is On Us at The Coolest New Financial Podcast on the Planet!

Live, from Ellie’s kitchen table… it’s The Money Millhouse!

WELCOME TO THE FINANCIAL SHOW ANYONE CAN LISTEN TO!

The conversation gets lively and somewhat ridiculous when Ellie and Bethany share a cup of coffee (or four) over Ellie’s kitchen table. They not only have fun at The Money Millhouse, their conversations about saving money, couples communication, spend plans, super heroes and more make you feel like you are drinking coffee right along with them. Coffee, friends, money, sometimes random singing… what could be better?

Each week on this little-over-20-minute podcast, a special guest joins Ellie and Bethany at the table to discuss relevant money-related issues. From saving for retirement and credit chats, to home-based business tips and maybe a thing or two about what Star Wars has to do with coffee, there is always something to talk about.

The Money Millhouse will teach you while entertaining you with offbeat humor, geek-speak and money tips you never knew existed. If you can put up with Ellie’s annoying dogs announcing the next guest to come to Ellie’s door for a cup of Joe and a light hearted but important conversation, then you’ll get the maximum return on your time investment.

Come on in to The Money Millhouse, where we brew up money saving tips and tricks for anyone’s lifestyle. You might even learn a few secrets in the Millhouse closet.

This week, the show kicks off with a bang when Bethany

and Ellie talk about saving money when it comes to eating healthy including menu planning and tips at the grocery store. Start your menu planning by looking into your pantry and avoid wastage. Danna Demetre joins the conversation talking about the fact that the same principles to save money are the same when it comes to your health as well. Learn about which poisons (that go into your body) to cut out, which sweetener is the best for your body and why disease can be expensive. Also learn why having Mental Health Days (can you say a Disney day?) are important and natural days to de-stress.

The Money Millhouse is a production of Heroes at Home, a non-profit organization that gives financial education to military families around the world. To find out more about Heroes at Home, or to make an end of the year donation, visit heroesathome.org

Polite Bargaining – 8 Ways to Negotiate on Everything

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My longtime friend, Edith and I found heaven on earth this past weekend and we were determined to milk it for all it was worth. Milk chocolate that is! We took a day trip to Chocolate World in Hershey, PA from her new house in Mechanicsburg and we racked up the discounts all day. There was a Groupon for four special events: a chocolate tasting, the 4D chocolate experience, a trolley ride and build your own candy bar. We saved 30% on those bundled tickets.

Chocoholics forever 

When we had lunch and bought tons of candy to take to our chocoholic friends and family, we got a military discount. When we left, we were astonished to realize that our 3 hours of free parking had grown to $45 for the 6 hours we were there! When we went to pay, Edith (who has 20+ years of military service) asked for a veteran’s discount and we breezed through the exit with a 100% parking discount. We were on a sugar high and a savings high as well! 

My grandma Laudeman used to quote a Bible verse that has stuck with me throughout my whole life: “you have not because you ask not.”

Even though I was a shy person growing up, I was never shy about parting with less of my hard-earned money if there was a chance I could save some bucks.

So, how do you bargain in every day matters without embarrassing yourself or your family? Consumer Reports says that 89% of those who regularly ask for discounts get a “yes” on that discount at least once. Those are good odds.

Here are 8 tried and true ways that can help you become a polite negotiator.  

Everything Is Fair Game – Almost everything in retail goes on sale at some point, so why not try to create your own sale? A retailer may not want to give the sale to everyone, but they may give you a discount if they are still making a profit. Ask the manager if the item has recently been on sale, if it is going on sale soon or if they can sell it at a discount. One college student in Chicago routinely asks for the “good guy discount” because he’s a good guy and they’ll be a good guy if they give him a discount. If you’re military, use the Scout app to find those discounts. Don’t forget the classic money saver, RetailMeNot for additional savings.

Find Something Wrong – A makeup smudge, a missing button or a slight hole along a seam that is easily repaired are all good reasons for a big discount. Show the sales clerk or manager the damaged area and ask for a 30% discount, you can settle for less, but ask for more since it can’t be sold as brand new.

Do Your Research – Comparison shop online using apps like Amazon which has a barcode scanner that you can use when you’re in a store to immediately find the item on Amazon and check its price. Just choose the camera icon next to the search bar and hold it over a barcode. You can do the same thing with Walmart Savings Catcher, which is a part of their regular app. Show the manager the comparison price and ask if they will match it. Check out Yelp to also get check in discounts and review the vendor.

Use Your Expertise – If you are a geek at an electronics store or at a gaming outlet, talk with the sales person and capitalize on your mutual passion for the products. But don’t be a bore and inundate them with a one-way monologue. Instead, build a rapport with the sales person by asking them questions and letting them be the expert they are. You’ll come across as a qualified buyer who is worthy of a discounted price.

Don’t Be Intimidated by Professionals with Titles – Just because someone is an MD, CPA, or a lawyer doesn’t mean you can’t get a discount. One lady was told her eye surgery was going to be 10K and she didn’t have insurance coverage for the procedure. She told the doctor that it was too much and “could he work with her to get it for less?” He told her that besides the big city practice he had (where she saw him) he also had a smaller office in a neighboring smaller city. If she went to that smaller office, he would reduced his fee to $1000, use the smaller clinic that charged a lot less than the hospital surgery room and they got a discounted rate on the anesthesiologist as well. The new price on the surgery? $2800

Buy Everything in Bulk—Even Services! It’s hard for most vendors to turn down cold, hard, cash. I have learned to negotiate paying for services in advance to save even more. These would be known vendors you work with frequently and trust. At my mail and more store where I have a PO Box, I paid for a year and asked for a deal I saw elsewhere where they offered 2 months for free by paying the full year—he gave it to me in seconds. For haircuts, spa treatments, and massage treatments, I’ll prepay anywhere from 5 to 10 services at a 30% discount. Then we keep up with services as we go along, counting down to the next bulk payment. This works especially well for services you know you will get regularly.

Get Discounts on Existing Service by Mentioning the C Word – Take those sale circulars you get in the mail, are hanging on your door, or you find in the paper and call your existing provider to renegotiate your current service. Whether you are getting cable service, cell phone service, entomology or house cleaning services. Call your current provider, tell them you want to “cancel” or talk to the cancellations department. You’ll likely be transferred to a department that has more authority to offer you freebies to keep your business. If you mention the introductory pricing from one of their competitors, you might not get that exact price, but you could use it as leverage to get deeper discounts on your current service.

Be Willing to Walk Away- Whether you are in a department store or a Turkish bazaar, decide ahead of time what your “comfortable” price is for the goods or service you are negotiating. Decide this ahead of time so you won’t get caught up in the moment. My favorite words, when discussing prices, are: “I don’t feel good about that price.” Then the seller usually tries to find out what price I would feel good about. I’ve often been stopped while walking away with a lower price that will seal the deal. And if I’m not followed out with the promise of a bargain? That’s OK, too, I can feel good about walking away if I don’t get the price that floats my boat!   

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I have a friend who is a newly single mom and her part time job is making phone calls to get discounts on existing payments she must make. We figured she is earning about $50/ per hour for her time investment. She has talked to utility providers, mortgage bankers, insurance companies and the city to get free items such as light bulbs, a/c filters, a refrigerator, a swamp cooler (also installed free), low moisture landscaping and much more. She’s a firm believer in “you have not because you ask not.”

What’s your bargaining story? Let me hear from you!

De-Stress for Less (part 2)

In order to fully embrace the value of free time, we need to remind ourselves of the importance of recreation and relaxation in our overall quality of life and productivity. Our families, marriages, and friendships all need time to regenerate and celebrate so we can be refreshed and ready to face the next round of daily demands of modern living. Unfortunately, if we are not mindful, those rewarding activities can become costly and negatively impact our budgets—which puts us right back into stress mode!

If entertainment and eating out is scheduled into your spending plan, then there’s no stress of going off budget. But what if you could go out twice as often and still stay on budget? Here are some ways to have twice the fun at the same price:

De-Stress for Less (Part 1)

De-stress for Less Part 1: On the Run

You can get the stress out of your life without breaking your budget if you follow a few steps to de-stress for less. Here are some creative ways to relax and be entertained while paying attention to your bottom line. I encourage you to pursue a sustainable lifestyle of balance, because the price we pay for living under constant stress is much too high. In fact, a CNN poll reveals that the number-one reason for stress in most countries is money.

The countries most stressed out by money are Malaysia, China, Singapore, and the United States. The countries least stressed out about money are Russia, France, and Italy. It would be self-defeating to ask you to be less stressed about money and then suggest ways to de-stress that cost a lot of money.

As a mom of many children, I was often a mom on the run. I’ve seen the price that people pay for never slowing down, and the cost can include frequent headaches, arthritis, high blood pressure, and even heart attacks. I determined when my children were young that I would learn to do things that relieved me of the pressures of a large and busy family. I also learned that some of the simplest activities could bring the most enjoyment. Here are some simple and free options I’ve used many times over the years to de-stress my life:

  • Take a power nap.
  • Listen to soothing music.
  • Listen to an audiobook.
  • People-watch on a bench.
  • Talk to God. Write out prayers for friends and family.
  • Light a candle.
  • Eat a sack lunch at a park or somewhere outside.
  • Take a stroll and stop to smell some roses.
  • Write in a journal in your backyard or in a garden.
  • Draw a picture of your house. Or backyard. Or somewhere that makes you happy.
  • Write out favorite quotes or passages of literature and put it somewhere you will see it.
  • Call a friend or family member you haven’t talked to in a while.

I know you are aware of these simple pleasures, but do you practice them? Intentional breaks from your usual routine can make a huge difference not only in your stress, but in your overall productivity later in the day.

Bonus De-Stress Tip:

Since the recession, the idea of a “stay-cation” has become popular, where a family camps out in the backyard or does something special to make their time at home feel more like a time away. While these are great ideas to save money for people on a budget, I believe there are other ways to get away from home and have an affordable vacation away. For one thing, you can check your local deals at httpe://www.groupon.com/, http:/travelzoo.com/, or http://livingsocial.com/ to get some really fun values. I went indoor skydiving for only $35 (a $110 value) and it changed my entire perspective! And don’t forget to check out Pinterest to see great ideas of fun activities

Ellie Kay

America’s Family Financial Expert (R) 

Top Ten Failure Factors for Finances

Welcome to Thursday. Did you know there are only 8 days left in February? By now, it seems that most of our New Year’s resolutions are either given up on, pushed to the side for a little while, or lost a little bit of steam along the way.

It is never too late to reevaluate our resolutions and start over. We never need to wait until the next January 1st to get our finances under control. When we fall off the wagon, it is best to get up and keep going.

Many times when we set goals, they are unachievable. These are the top ten failure factors to setting any goal from my latest book Lean Body, Fat Wallet:

Top Ten Failure Factors:

•   Set unrealistic goals

•   Motivated by the wrong motives

•   Believed failure was inevitable

•   Fulfilled the need for immediate gratification too often

•   Influenced unduly by other people

•   Practiced a “deprivation mentality”  – all or nothing/black or white

•   Rationalized and made excuses rather than taking responsibility

•   Displaced emotional issues through overspending and overeating

•   Procrastinated rather than taking action

•   Lacked the tools to make compounding incremental change

Reread the list above and circle any of the “failure factors” which you believe may be significant influences in your life. Failure needs to be seen as a profound learning opportunity. It’s time to stop trying so hard and start training toward a new way of addressing your wealth challenges. Past failures do not need to be repeated.

After you circle the “failure factors” that may apply to your situation, take the time to write three ways you believe you can counter those factors and turn them into successful areas of your life. I believe in the old saying that “people don’t plan to fail, they just fail to plan.” Having a plan can be over half the battle in discovering ways to be successful in your finances. But implementing that plan is the other half of finding success.

One of the ways that I have found most people can create and stick to a plan is by having a “money buddy.”  If you are married, this might be your partner, and if you are single, it can be a like-minded friend who is good with their own financial resources. Get together with your money buddy and go over this “failure factor” list. Let them help you come up with ways that you can counter the failure to turn it into success. Then, set a date to meet with your financial partner and track your success. It’s kind of like Weight Watchers for money matters and there is great power in unity with other like-minded people who want to overcome their own failure factors.

For great tips for understanding your money better can be found at mint.com—an excellent site for managing finances. Keep checking in week to week for help along the way. You are not alone in this financial journey! There are so many tools to help along the way.

Ellie Kay

Lean Body, Fat Wallet: The Health and Wealth Connection

I’m announcing, in this blog, my new upcoming release with friend Danna Demetre!

What would you do if you finally lost all that excess weight and had energy to burn?  How different would your life be if you were completely out of debt and in control of your finances? And what if you could do both at the same time with just few simple lifestyle changes?

Those were some of the questions we wanted to answer when I wrote this book with Danna Demetre. In the interest of full disclosure, there were other reasons I wanted to pen this work as well. One of them was because it was a good excuse to spend time in Danna’s lovely San Diego home doing the writing (and drinking beverages from Italy)! Plus my hubby likes her hubby, Lew (except when the West Point grad takes on the Air Force Academy grad and they engage in a death-match-war-of-the-words to see whose academy is superior.) It also meant that I only had to write ½ of a book instead of a whole book.  Don’t laugh, this is a very important reason I engaged in this project.  In fact, my literary agent, Steve Laube, says, “Ellie you are the kind of author who likes to have written books.”  So what’s your point, Steve?

Even though Danna and I are experts from two seemingly different fields – finance and fitness,  in our new book, Lean Body, Fat Wallet, we let readers in on a remarkable discovery – the habits that are good for your wallet are equally good for your body. The principles that help you stick to a budget are the same ones that help you eat better, lose weight and keep it off.

The simple and practical teaching in this “two for one” bargain of a book will help you put those principles and habits to work using an innovative approach to improving both your wealth and your health.  Lean Body, Fat Wallet, includes real life stories of failure and success readers will identify with and draw inspiration from. It also links common issues of health and money, such as balancing a budget along with a diet and how overspending relates to overeating.

Here’s just a sampling of what you’ll find in Lean Body, Fat Wallet:

  • Four essential habits for satisfying, sustainable change and how to make them part of your life
  • Ten “failure factors” that trip us up and how to steer clear of them
  • Proven strategies to overcome emotional eating and spending
  • A wealth of stress busters that don’t rely on food or money
  • A game plan for raising fit and frugal kids

We also offer a tool kit of charts to track your accomplishments and a recap menu that allows readers to easily navigate each chapter and pick out specific sections relevant to current needs.

Here’s a list of reasons people fail to develop that Lean Body, Fat Wallet we will give you ways to overcome these:

Top Ten Failure Factors

  1. Set unrealistic goals ­
  2. Motivated by the wrong motives
  3. Believed failure was inevitable
  4. Fulfilled the need for immediate gratification too often
  5. Influenced unduly by other people
  6. Practiced a “deprivation mentality”  – all or nothing/black or white
  7. Rationalized and made excuses rather than taking responsibility
  8. Displaced emotional issues through overspending and overeating
  9. Procrastinated rather than taking action
  10. Lacked the tools to make compounding incremental change

Through this book you, too, can discover a new way to approach your financial and physical challenges. Join Danna and I on this amazing journey and at the end of the road, you’ll develop your very own lean body and fat wallet!

Pre-order the book and we’ll send you a special surprise!

What would YOU rather have, a Lean Body or a Fat Wallet?

 

Summer, Squash and Squeamish Eaters!

Summer, Squash and Squeamish Eaters

If you have kids, you probably know what it’s like to have picky eaters in the house. One loves pickles, another one hates them. Someone doesn’t like mushrooms, another hates the taste of celery and one has aspirations of a completely carnivorous diet.

Fortunately, there are ways to hide nutritional ingredients in your meals. One of my staple recipes for our children is squash casserole. It’s ooey, gooey and packed with healthy nutrients like Vitamin C. It’s also affordable, considering summer is squash season. Best of all, it’s easy-to-make, filling and just as good when eaten for leftovers.

Hungry yet? Here’s a version of my squash casserole recipe if you’d like to try it out this summer:

Ingredients:

–       3 pounds of yellow squash (or zucchini, depending on what’s on sale)

–       1 large onion

–       2 cups of your favorite shredded cheese

–       30 crushed round buttery crackers (Ritz or something similar)

–       ½ cup of cream, milk, cream cheese or unflavored Greek yogurt

–       4 tablespoons of butter/margarine

–       salt and pepper

Directions:

  1. Preheat oven to 325°.
  2. Dice onion and sauté with butter in a large skillet on medium.
  3. Chop squash and immediately place in skillet with the onions.
  4. Sauté for 10 minutes, or until squash is tender (easily breaks apart with a fork).
  5. Add cream/milk, 1 cup cheese and half the crushed crackers and cook until cheese is melted (about two minutes).
  6. Pour mixture into a greased casserole pan and top with rest of crackers and cheese.
  7. Bake for 15-20 minutes.
  8. Let it set for a minute or two (it’s hot!) and enjoy.

Another great thing about this recipe is that it’s super-versatile. Like a little spice? Dice up a jalapeno or add some cayenne pepper. You can also make it cheesier or healthier by adjusting the amount of cheese.

Play around with it and create your own family squash casserole recipe!

What is YOUR favorite summer recipe?

Ellie Kay

America’s Family Financial Expert (R) 

Creative Cooking

 

 

When I first got married I didn’t know how to boil an egg. So I called my college girlfriend, Donna, and asked her. “Oh my,” she said, “I think you just boil it until it floats!”

Well, two hours later, the egg floated all right—by exploding in a billion bits.

As the years went by, I finally managed to boil an egg without having an accident. In fact, I enjoyed learning how to cook healthy and tasty foods for my growing brood of lean, mean, eating machines. Our four boys seemed to have a bottomless pit in the place of their stomachs. I developed some ways to save money in the kitchen without compromising health.

Tips to Stretch the Food Dollar

  • Kid Power – When my kids were little, I always let them help me in the kitchen because they wanted to be there. Plus, kids are more likely to eat food they help prepare, thus eliminating those picky eaters and the need to lecture them about hungry children in third world countries who would love to eat their dinner.
  • Teen Power As the kids grew into young teenagers they loved watching cooking shows and became adept at putting together a meal. When I’m too tired to cook and before I spend $35 + on fast food, I just gather the ingredients and ask one of my teens to cook something simple. I pay them $5 for the effort and that usually saves about $20 over the cost of buying fast food. Teach them to use apps like Coupon Sherpa and RetailMeNot to save even more.
  • Cook Once, Eat Twice – To save time, energy and use leftovers, try to cook foods that will give double the mileage on a single effort. For example, cook my recipe for spaghetti sauce and use the leftovers for spaghetti pie. Or boil extra chicken breasts to make chicken enchiladas one night and use leftover chicken to make tasty chicken salad over the weekend. Another one of our favorites is to make a large pot roast for one dinner, then save the leftover meat, combine it with bar-b-que sauce and make hearty sandwiches for Sunday lunch!
  • Weigh Your Produce – Not all ten pound bags of grapefruit or potatoes are created equal. Weigh your prepackaged produce to make sure you get the most for your money.
  • Follow the Food Mile – Today’s it’s all about sustainability and the environment. Part of that has to do with how far food travels to get to your local store—the longer the food mile, the more expensive the product. Try to buy local food  or shop at farmers markets because these products have a shorter food mile to save dollars and the environment!
  • Soup and Muffin Night – To cut back on meat, try substituting a soup and muffin for dinner one day a week. This lighter fare will not only help cut back on your food budget, but it will also save calories. If you’re feeding teen boys or a hungrier husband, you might want to substitute sandwiches to go with the soup instead of muffins.

  How do YOU save money when cooking?

Ellie Kay

America’s Family Financial Expert (R)

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