The Easiest Way to Save Money on Food (2024)

Are you spending a lot more than you’d like to on your food costs each month? Do you wonder how food could cost so much? Today, I’m going to help you slash those food costs by explaining the easiest way to save money on food.

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So what is the easiest way to save money on food?

Make your food yourself!

That seems very simple but it can actually be quite a bit more complicated than it seems. Let’s break it down and talk about exactly what it means to make your food yourself and exactly how that will save you money.

Where to start?

Think about how often you are eating out at restaurants or getting take-out food. Just think about the past 2 weeks. How often did you have restaurant/take out food. If you generally use a credit or debit card to pay for purchases (or if you keep receipts) take a look back and add up how much you’ve been spending just on restaurant and take-out foods. It’ll probably be more than you thought!

I know these things are enjoyable and easy, but they’re also much more expensive than foods you make yourself. Now, I’m really not saying that you can never eat out at restaurants or pick up take-out food again. I’m suggesting that we all save those things for special occasions and cut back on their daily presence in our lives.

Related: The Meal Plan Alternative

How to cut back?

A good idea is to cut back on eating out by 50% each week. So if you’re eating out 4 times a week, cut back to 2 times a week. Then, the following week cut back to once. Then, cut back once every other week. This way it’s not a shock to your routine or your family.

It’ll be challenging at first if you’re used to eating out a lot. But once you get into a new routine and make preparing meals at home a new habit, it’ll be much easier.

I know this because it happened it my own life. I used to eat out A LOT. When I first started working a full-time job, I picked up take-out several times a week on my way home. And you know what? I never knew where my money was going! I was wasting so much money on the convenience of having food alreadyprepared. Once I made the change to making the majority of my meals myself, I saved hundreds!

The Easiest Way to Save Money on Food (2)

What if?

You may be feeling hesitant just thinking about making the switch to preparing your food yourself. And you may have many questions like:

  • What if I don’t know how to cook?
  • What if I don’t like cooking?
  • What if I don’t have time to prepare my own meals?
  • What about the social aspect of eating out?

I had many of these questions myself when I made the switch. Truthfully, I was trying to make excuses. I was convincing myself that I was too busy to make my own food everyday, and I truly felt like I didn’t have the skills I’d need. In reality, these excuses were just holding me back. I was actually more than capable of learning what I needed to know and finding the small amount of time that I’d actually need.

But if any of these questions are holding you back, let me address each of these concerns.

If you don’t know how to cook:

  • start learning – Pinterest is your friend
  • start small – you don’t need to make a gourmet meal, simple can be delicious
  • believe you can do it – you won’t get anywhere with a “can’t do” attitude

If you don’t like cooking:

  • start small
  • make meals in batches so you can get it out of the way
  • keep things simple
  • stick with what you like

If you don’t have “enough time to cook”:

  • prep ahead of time – use a weekend morning or whenever you have time
  • prep freezer meals so you have something prepared on hand
  • make quick meals – you can find plenty on pinterest
  • the crockpot is your friend

If you’re concerned about missing out on friends by noteating out:

  • have friends over for dinner, potluck style!
  • set aside special times to go out with friends and choose somewhere inexpensive
  • find something else to do with friends (go for a hike, watch a movie, etc.)

Related: 5 Tips to Shop Less

Resources

Here is a great freezer meal cookbook that can really help you have meals on hand when you don’t have much time to cook.

Here’s the exact Crock Pot that I have. It’s affordable, durable, and such a time saver! I really love it.

I love this Healthy Slow Cooker Cookbook for creating those great Crock Pot meals.

A word of Caution

Be careful if you’re thinking about buying prepared foods from the grocery store. These are often more expensive. Look for sales and if you see a great deal, go for it! But, don’t sell yourself short. You may find that you’re better at cooking than you thought you would be. You might even discover that you enjoy it! I do. 🙂

You can do it!

Psst…. Want some more help saving money on food? The Grocery Budget Challenge is starting soon! Sign up here.

Keep Reading:

This one simple change can save you $100 or more Every Month!

3 Tips to cut your Electric Bill in Half

The First Step to Saving More Money

How to do a Spending Freeze

The Easiest Way to Save Money on Food (2024)

FAQs

The Easiest Way to Save Money on Food? ›

Creating more organized shopping lists. Cutting down on the time it takes to shop. Saving money by buying things in bulk for multiple meals. Preventing food waste.

What are 3 tips for saving money on food? ›

11 tips for saving money at the grocery store
  • Pay with a grocery rewards card. ...
  • Sign up for the loyalty program. ...
  • Clip coupons. ...
  • Join a wholesale club. ...
  • Go in with a list and stick to it. ...
  • Buy items on sale. ...
  • Avoid pre-packaged items. ...
  • Compare prices between stores.

How to save on food costs? ›

Creating more organized shopping lists. Cutting down on the time it takes to shop. Saving money by buying things in bulk for multiple meals. Preventing food waste.

How to live off $150 a month for food? ›

Affordable and nutritious meal ideas for a $150 monthly budget include dishes like vegetable stir-fry with rice, bean and vegetable soups, pasta with homemade tomato sauce, and oatmeal with fruit for breakfast. These meals are cost-effective and can be made in large batches to provide multiple servings.

How to save money fast? ›

Canceling unnecessary subscriptions and automating your savings are a couple of simple ways to save money quickly. Switching banks, opening a short-term CD, and signing up for rewards programs can also help you save money. Making a budget and eliminating a spending habit each day can help lead to long-term savings.

How to keep food costs down? ›

Avoid convenience foods: Pre-packaged convenience foods like frozen meals or individually wrapped snacks tend to be more expensive. Opt for fresh ingredients and prepare your meals from scratch whenever possible. Reduce food waste: Be mindful of food waste by properly storing and using leftovers.

How to keep grocery bill low? ›

17 ways to save money on groceries
  1. Make a meal plan.
  2. Shop alone if you can.
  3. Shop during the quietest days of the week.
  4. Swap expensive cuts of meat for cheaper options.
  5. Buy generic products.
  6. Avoid buying hygiene products at the grocery store.
  7. Stick to the store's perimeter.
  8. Pay with a grocery rewards card.
Oct 23, 2023

How do I reduce my food bill? ›

Learn tricks to cooking on a budget

Tins, and dried foods such as pasta, rice, noodles and oats should feature heavily on your shelves. Replace fresh fish, veg and fruit with frozen. Choosing frozen salmon rather than fresh, as in these salmon and pesto parcels, can save you over 55 percent.

What is the best food to save money? ›

Some foods are less expensive than others, so it's helpful to be aware of a few go-to, relatively low-cost options. Think bananas, apples, cantaloupe, carrots, cucumbers, cabbage, peanut butter, popcorn, and oatmeal.

What is the 6 to 1 grocery method? ›

The 6-to-1 grocery method entails buying six vegetables, five fruits, four proteins, three starches, two sauces or spreads and one treat. Continue to shop carefully while at the store to get the best deals. Flexibility with your purchases will be a key to making this method a success.

How to slash your grocery bill? ›

How to Save Money on Groceries
  1. Redefine dinner. ...
  2. Crunch some numbers while you shop. ...
  3. Round up your grocery cost estimates. ...
  4. Raid your pantry. ...
  5. Think before you buy in bulk. ...
  6. Know when to shop. ...
  7. Start freezing and storing meals now. ...
  8. Pay with cash.
Jan 18, 2024

What is a realistic food budget for one person? ›

The average food budget for a single person is between $250 and $300 a month, but that's just a guideline. If you can buy meals at a discount or visit family and eat with them, you might be able to spend less. Figure out the budget that works for you.

What is a realistic budget for eating out? ›

What's a reasonable food budget? Many financial advisors and gurus recommend spending no more than 10%-15% of take-home pay on food, a figure that includes restaurant dining and takeout.

How to save money when broke? ›

Jaspreet Singh: 10 Ways To Save Money When You're Broke
  1. Quit Using Credit Cards. ...
  2. Cook More at Home. ...
  3. Plan Your Meals. ...
  4. Get Smarter About Free Stuff. ...
  5. Switch Your Provider. ...
  6. Visit Your Library. ...
  7. Look Into Refinancing Your Loans. ...
  8. See Which Perks You're Eligible For.
Oct 14, 2023

How to aggressively save money? ›

How to Save Money: 23 Tips
  1. Make a budget.
  2. Say goodbye to debt.
  3. Set a savings goal.
  4. Save money automatically.
  5. Buy generic.
  6. Meal plan.
  7. Cancel some subscriptions and memberships.
  8. Adjust your tax withholdings.
Apr 5, 2024

What are 3 tips to keep healthy eating costs low? ›

Healthy eating on a budget can be made easier with these ideas:
  • Stick to your list. Buying only what is on your grocery list will help you cut down on impulse buys.
  • Shop for sales. ...
  • Compare prices. ...
  • Stock up. ...
  • Consider the season. ...
  • Choose plant-based protein foods more often. ...
  • Limit highly processed foods. ...
  • Set a budget.
Oct 12, 2022

What are the best foods to save money on? ›

Focus on budget-friendly foods.

Think bananas, apples, cantaloupe, carrots, cucumbers, cabbage, peanut butter, popcorn, and oatmeal. Lastly, keep in mind that store-brand items tend to be less expensive than name-brand items. You can check the Nutrition Facts Label if you want to make sure the nutrition is similar.

How can I save money when storing food? ›

Store your food carefully

Check the best way to store different foods so they don't go off before you get to use them. Check use-by dates too. If you don't plan to use something before its use-by date, can you freeze it? Batch cooking and freezing portions will also help you save money and preserve food.

How to budget food better? ›

  1. Track current spending. Before you figure out what you should be spending on food, it's important to figure out what you are spending on food. ...
  2. Allocate a percentage of your income. ...
  3. Avoid eating out. ...
  4. Plan your meals. ...
  5. Keep a fridge grocery list. ...
  6. Eat before you go to the store. ...
  7. Be careful with coupons. ...
  8. Embrace the bulk section.
Feb 22, 2024

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