Food Budget: Reimagined

Up until recently, I was trying to reduce my grocery bill as much as possible. Tweaking what I was buying, when I was buying it, and how much I was buying to tweak every cent. I realized that I was missing the mark a little bit and here’s why.

I was dedicating a fair amount of money to eating out. Eating out with friends is a social thing that I really enjoy, but I was definitely due for a restructuring of how I eat out with friends. Previously I’d spend a certain amount a month, eating at wherever I felt like. When this money ran out, I’d randomly crave sushi, Korean BBQ, and Japanese Ramen. Darn, I’m out of funds..I guess I’ll wait until next month.

The way I approach this now, is I make my social meals target things that I can’t make at home. I’ve reduced my eating out budget, and increased the enjoyment I get from it. The money I saved has been put into my food budget for greater flexibility. This flexibility has increased my recipe repertoire, allowed me to purchase bulk items on sale, and nickel and dime myself less when shopping.

Having more monthly spending for groceries also means I can have friends over for dinner more often, and share a homemade meal that always leaves other full and impressed. I’ve fulfilled my social needs, my love for cooking, my thirst for a better budget, and I’ve paid away less of my money in tips. Servers play an important role, but tipping has changed a lot in the last 30 years to make up for stagnating wages. Don’t get me wrong, I always leave a good tip and so should you. Now I just do it less often.

Think about the way your life works and align your budget to it; it will make you happier!

-Mike

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Explore Your Local Grocery Stores

Okay, so as much I love being environmentally friendly and supporting local business, I also have to look out for myself once and a while. One of the ways I do this is via my grocery shopping. I generally shop at No Frills and Food Basics to meet my budgetary needs. No Frills is the spot when there is bonus PC points to be earned. Food Basics is closer and has a better selection of international food so I typically go there. Chinatown is of course my stop for produce.

It’s not all about the savings and points, however. I find my No Frills offers an excellent selection of asian cuisine, but lacks frozen whole foods (fish fillets, shrimp, more). No Frills, for whatever reason, carries carrots in 3 formats (individual, bagged chilled, bagged shelf..Why? Give me Canadian carrots I can bag myself). Food Basics has excellent food from the further edges of Europe, along with amazing bulkier sales. A lot of the domestic brands have much to be desired though, and I’m not a big fan of their house brands.

It’s worth while to investigate all of your local grocery stores, and see who offers what. I’m going to checkout the metro nearby my house next week as a potential butcher, should I have guests over and want to make something more unique. If you put in a little extra legwork and shop flyers, you’ll save a lot of money over your lifetime.

To me, saving money and preventing food waste is worth it.

-Mike